Wall Street ends at record in second straight weekly gain
NEW YORK (Reuters) – U.S. stocks ended higher on Friday, with both the Dow and S&P 500 closing at records in a broad rally, though trading was light with many market participants still out for the Christmas holiday.
Wall Street Week Ahead: Big questions for markets for 2015
(Reuters) – Wall Street was generally calmer in 2014 than in previous years, but that doesn’t mean the stock market was devoid of drama.
Tesla’s new Roadster to cover two-thirds more miles per charge
(Reuters) – U.S. electric car maker Tesla Motors Inc will relaunch its Roadster model with a new battery pack that will increase the distance the car can travel on a single charge by nearly two-thirds to more than 400 miles.
Oil declines amid stronger dollar, crude oversupply in U.S.
NEW YORK (Reuters) – Oil prices fell Friday, tumbling as the dollar strengthened and as a supply glut in top consumer, the United States, trumped worries about falling production from Libya.
Standard Chartered hires ex U.S. prosecutors amid sanctions probe
ST. LOUIS (Reuters) – Standard Chartered Plc has hired two former prosecutors to police its transactions for criminal activity, a spokesman said on Friday, as the British bank wrestles with a series of legal and compliance problems.
Volkswagen’s Audi aims to launch two electric vehicles by 2018: CEO
FRANKFURT (Reuters) – Volkswagen’s premium Audi division aims to bring two purely electric vehicles to market by 2018 as it tries to catch up with rivals such as Tesla Motors and BMW .
Russia’s Finance Minister sees economy shrinking 4 percent in 2015
MOSCOW (Reuters) – Finance Minister Anton Siluanov said on Friday that the Russian economy could contract by 4 percent next year and that the budget could have a deficit of more than 3 percent of gross domestic product if oil prices average $60 a barre…
Japan inflation slows and output slips, keep BOJ under pressure
TOKYO (Reuters) – Japanese annual core consumer inflation slowed for a fourth straight month in November due largely to sliding oil prices, highlighting the challenges the central bank faces in achieving its 2 percent inflation target.
China’s antitrust regulator says Qualcomm case to be settled soon
BEIJING (Reuters) – The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc.
Prosecutors raid LG headquarters over washing machine row with Samsung
SEOUL (Reuters) – Prosecutors raided the headquarters of LG Electronics on Friday as part of a probe into whether the South Korean company had damaged the washing machines of rival Samsung Electronics at retail stores in Germany, LG said.
