Toshiba says to cut 900 jobs in PC restructuring
TOKYO (Reuters) – Japan’s Toshiba Corp said it would cut 900 jobs in a restructuring of its PC business that will include an exit from business-to-consumer operations in some regions.
Japan’s frail business mood, exports show economy straining under tax hike
TOKYO (Reuters) – Confidence at Japanese manufacturers fell the most in nearly two years in September as a tax increase hit the economy harder than expected, while exports slid in August in a further sign that conditions have deteriorated in the crucia…
Suzuki Motor to recall 453,000 minivehicles in Japan
TOKYO (Reuters) – Suzuki Motor Corp on Thursday issued a recall of 453,225 minivehicles in Japan to fix a defect in the blower fan motor of the air-conditioning unit that has resulted in three fires so far.
Japan exports knocked by weak U.S. shipments, hurt economic recovery
TOKYO (Reuters) – Japan’s exports declined in August as shipments to the United States contracted, another sign the economy is struggling to rev up after a deep slump in April-June.
Amazon expands Kindle lineup, boosts price of basic e-reader
NEW YORK (Reuters) – Amazon.com Inc ramped up its push into hardware on Wednesday with the debut of six new or upgraded devices, including a high-end $199 e-reader called the Kindle Voyage and its cheapest-ever touch-screen tablet.
Fed renews zero rate pledge, but hints at steeper rate hike path
WASHINGTON (Reuters) – The Federal Reserve on Wednesday renewed its pledge to keep interest rates near zero for a “considerable time,” but also indicated it could raise borrowing costs faster than expected when it starts moving.
Wall Street edges higher after Fed; Dow sets record
NEW YORK (Reuters) – U.S. stocks edged higher in volatile trading on Wednesday after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a “considerable time” and repeated concerns over slack in the labor market, standing f…
Federal Reserve signals faster but still slow path for rate rises
WASHINGTON (Reuters) – Federal Reserve officials nudged their expected path of interest rate increases higher on Wednesday, but did little to change the outlook for a long slow climb back up to normal monetary policy.
Fed renews zero rate pledge, but hints at steeper rate hike path
WASHINGTON (Reuters) – The Federal Reserve on Wednesday renewed its pledge to keep interest rates near zero for a “considerable time,” but also indicated it could raise borrowing costs faster than expected when it starts moving.
Exclusive: Jimmy Choo to pledge industry-beating growth in expected IPO
PARIS (Reuters) – Luxury shoe brand Jimmy Choo will seek to woo investors with a share market flotation prospectus promising industry-beating annual sales growth of more than 10 percent on the back of aggressive expansion plans in Asia and elsewhere, a…
