Honda recalls 43,000 2014-2015 Acuras in U.S. to fix front belts
DETROIT (Reuters) – Honda Motor Co said Monday it is recalling 43,000 Acura luxury models in the United States to fix faulty seat belts.
ECB’s Praet: banks’ health check to rebuild confidence in sector
MUNICH (Reuters) – European Central Bank Executive Board member Peter Praet said on Monday he expected a financial health check the European Central Bank is conducting of top banks in Europe to return confidence to the sector.
New iPhones to be available in more than 115 countries by year-end
(Reuters) – Apple Inc said that its recently released iPhone 6 and iPhone 6 Plus phones will be available in more than 115 countries by the end of the year.
European stocks reverse losses but markets wary over growth
LONDON (Reuters) – European stocks reversed early losses on Monday as airline shares gained after crude oil prices fell to near a four-year low, though broad dollar weakness and a jump in gold signaled investor concern over global economic health.
Bank of England’s Carney says euro zone weakness will not dictate policy
LONDON (Reuters) – Euro zone weakness will be only one factor that helps to determine when the Bank of England raises interest rates, Governor Mark Carney said in media interviews broadcast on Monday.
Statoil exits Shah Deniz gas project with stake sale to Petronas
OSLO (Reuters) – Statoil exited Azerbaijan’s Shah Deniz gas project on Monday, selling a 15.5-percent stake to Malaysia’s Petronas [PETRA.UL] for $2.25 billion as part of asset sales to shore up returns to shareholders.
China trade data eases slowdown fears, more stimulus may still be needed
BEIJING (Reuters) – China’s surprisingly strong trade performance in September may reduce the chances of aggressive policy action such as an interest rate cut, but the prospects of a prolonged property slump suggests more measures are still needed to s…
Commerzbank set to pass ECB bank stress test: sources
FRANKFURT (Reuters) – Preliminary discussions between Germany’s Commerzbank and the European Central Bank have given the German lender no reason to believe its capital will fall below the minimum levels required in the euro zone’s landmark bank tests, …
Siemens says bought back 13.15 million shares since May
FRANKFURT (Reuters) – German industrial group Siemens has bought back 13.15 million shares since starting a buyback programme on May 12, it said in a statement on Monday.
Buba’s Dombret says ECB bank health checks ‘already a success’
FRANKFURT (Reuters) – A review of banks’ financial health led by the European Central Bank can be considered a success before it is completed as banks have raised around 200 billion euros ($254 billion) in preparation, a top Bundesbank official said on…
