Nissan recalls Infiniti hybrid sedans for software, transmission issues
DETROIT (Reuters) – Nissan Motor Co said on Tuesday it is recalling more than 14,000 hybrid Infiniti Q50 and Q70 luxury sedans globally due to possible software and transmission issues.
Dish posts revenue below estimates as it loses pay-TV users
(Reuters) – Dish Network Corp , the second-largest U.S. satellite TV company, reported lower-than-expected quarterly revenue as it lost pay-TV subscribers due to increased competition.
France in push to break EU financial transactions tax deadlock
PARIS (Reuters) – France sought on Tuesday to break the deadlock over plans among 11 EU countries for a tax on financial transactions with a proposal to levy a fee on trading shares in their companies’ according to where brokers are based.
Merkel says euro zone extremely fragile
BERLIN (Reuters) – German Chancellor Angela Merkel said on Tuesday the euro zone was extremely fragile and made clear Europe’s biggest economy would not borrow more to invest, resisting pressure from some of its partners to do more to boost growth.
Europe outlook cut weighs on shares, oil prices extend fall
LONDON (Reuters) – European shares were mixed and core bonds outperformed on Tuesday after the European Commission cut its growth forecasts, offsetting a positive string of company earnings as oil prices extended their fall.
JPMorgan says justice department probing forex business
(Reuters) – JPMorgan Chase & Co said the U.S. Justice Department was conducting a criminal investigation into its foreign exchange business.
Weaker orders at Canton Fair signal China export boost may not be sustainable
BEIJING (Reuters) – China’s bellwether import-export trade fair showed a decline in orders year-on-year, indicating that strong external demand which helped buoy growth in the third quarter may not be sustainable in the final three months of the year.
Japan’s SoftBank slashes profit target, costly Sprint purchase weighs
TOKYO (Reuters) – Fast-growing Japanese telecom firm SoftBank Corp sliced the best part of $1 billion off its annual profit forecast as the Sprint Corp U.S. carrier it bought last year continues to lose customers in droves, with no quick fix in sight.
Banks to launch new tool to fight hackers: WSJ
(Reuters) – A group of cybersecurity firms funded by big banks plan to launch a platform that will allow financial companies to communicate faster about potential cyber breaches, the Wall Street Journal reported.
Nissan second-quarter profit inches up as record U.S. sales offset China slowdown
YOKOHAMA (Reuters) – Nissan Motor Co reported a slight increase in second-quarter profit on Tuesday, beating analyst estimates, as record sales in the United States dulled the impact of a slowdown in China.
