China approves $113 billion in infrastructure projects: state media
BEIJING (Reuters) – China approved more than $100 billion worth of infrastructure projects in late October and early November, state media said on Saturday, in a bid to bolster slowing growth in the world’s second largest economy.
Betting the bank: the Albanian gambler who robbed the national vault
TIRANA (Reuters) – In the end, it wasn’t the security cameras or the audit inspections in the vault of Albania’s central bank that brought down Ardian Bitraj.
Japan economy minister says TPP agreement difficult by year-end: report
TOKYO (Reuters) – Japan’s Economy Minister Akira Amari said on Saturday he saw progress in Asia-Pacific regional trade negotiations, although it would be difficult to reach an agreement by the end of the year, according to Jiji press.
Burger King tests India waters, starts with 12 outlets
MUMBAI (Reuters) – U.S. fast food chain Burger King Worldwide will open about 12 outlets in India over the next 60-90 days, Rajeev Varman, chief executive of the hamburger chain’s India unit said on Saturday.
India’s grounded Kingfisher Airlines faces trading suspension from December 1
MUMBAI (Reuters) – India’s two main stock exchanges will suspend trading of shares of grounded Kingfisher Airlines Ltd from Dec. 1 for failing to comply with rules on reporting financial results, the bourses said in separate notices.
Annual China trade growth slows in October in further sign of fragility
BEIJING (Reuters) – Annual growth in China’s exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world’s second-largest economy that could prompt policymakers to roll out more stimulus measures.
Exclusive: Lyft board members discussed replacing CEO, court documents reveal
SAN FRANCISCO (Reuters) – Lyft board members had discussed replacing current Chief Executive Officer Logan Green, who was not aware of those talks, according to Lyft’s former chief operating officer in a court filing obtained by Reuters on Friday.
Earnings outlook might be less rosy than investors think
NEW YORK (Reuters) – With the U.S. third-quarter earnings season almost at an end, many investors are breathing a sigh of relief as more companies surpassed profit expectations than in any quarter since 2010.
Berkshire third-quarter profit drops on investments, operating results gain
NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway Inc said on Friday third-quarter profit fell 9 percent as it took a large writeoff on one of its investments, but operating results easily topped forecasts on improvement in its insurance, energy…
SEC seeks to double $200 million damages award against businessman Wyly
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission will ask a federal judge to more than double the money Texas businessman Sam Wyly must pay from $200 million to $455 million for his involvement in an offshore fraud scheme, a lawyer for …
