From an Indian jail, tycoon tries to sell the New York Plaza
NEW DELHI/MUMBAI (Reuters) – It’s hardly the $30,000 a night royal suite, but after five months in India’s biggest jail, the owner of the New York Plaza and London’s Grosvenor House is thrilled to be able to use a modest office as he tries to sell the …
VW recalls 189,000 SUVs in North America for potential stalling
DETROIT (Reuters) – Volkswagen AG said on Saturday it is recalling 189,490 Tiguan small sport utility vehicles in North America for potential stalling issues.
China posts benign consumer inflation in July, but producer deflation stays stubborn
SHANGHAI (Reuters) – China posted mild consumer inflation on Saturday, well below the annual target in July, giving authorities room to further relax monetary policy, but deflationary pressure for producers remained stubborn, highlighting a wobbly econ…
Japanese car makers cut parts prices in China after anti-monopoly probe
SHANGHAI (Reuters) – Japan’s Toyota, Honda and Nissan became the latest foreign carmakers to respond to China’s anti-monopoly investigation into the auto industry, as the probe’s impact extends beyond foreign luxury auto brands.
Chinese regulators investigating Wal-Mart store: Xinhua
SHANGHAI (Reuters) – Chinese regulators are investigating a Wal-Mart store in the southern city of Shenzhen for food safety violations, the official Xinhua news service reported, based on videos it said were taken by a Wal-Mart employee at one branch.
GM ignition switch fund gets 63 death case claims
(Reuters) – The lawyer overseeing a General Motors Co fund set up to compensate victims of accidents caused by faulty ignition switches in its cars said he received claims for cases involving 63 deaths.
Argentina threatened with contempt order by U.S. judge
NEW YORK/BUENOS AIRES (Reuters) – Argentina’s economy ministry once again defiantly asserted the country has made a required debt payment on restructured sovereign bonds on Friday night, just hours after a U.S. judge threatened a contempt-of-court orde…
Snapchat’s financing talks with Alibaba end: Bloomberg
(Reuters) – Snapchat Inc’s financing talks with China’s Alibaba Group Holding Ltd are over, Bloomberg reported, citing people familiar with the matter.
Dividend payers attractive again as bond yields fall
NEW YORK (Reuters) – Investors once again are snapping up high-dividend-paying U.S. stocks as Treasury yields fall, which should keep utilities and telecom stocks near the top of the buying list for the near future.
GM ignition switch fund gets 63 death case claims: AP
(Reuters) – The lawyer overseeing a General Motors Co fund set up to compensate victims of accidents caused by faulty ignition switches in its cars has received claims for 63 deaths cases, the Associated Press reported, citing a spokeswoman for the fun…
