Thai Airways reform to test business credentials of military government
BANGKOK (Reuters) – Thailand’s new military rulers have singled out the country’s troubled flagship airline as the first state enterprise to undergo reform, an exercise that will test their unproven business acumen and ability to separate politics from…
China’s rich look abroad as home prices fall, others stay put
BEIJING (Reuters) – Rattled by falling home prices, some of the wealthiest Chinese are paring their property investments and turning to private equity or overseas holiday homes, a sign of fading hopes that the once red-hot market can bounce back any ti…
Juniper Networks shares could climb 30 percent: Barron’s
NEW YORK (Reuters) – Shares in network equipment maker Juniper Networks Inc. could rise 30 percent or more due to lower valuation relative to its peers and improving prospects, Barrons’ magazine reported over the weekend.
Truck firm Volvo expects 440 million SEK Q3 charge after U.S court ruling
STOCKHOLM (Reuters) – AB Volvo said at the weekend it expected a 440 million Swedish crown ($64.35 million) hit to operating income in the third quarter after a U.S. court upheld a fine over emissions rules compliance.
Is Germany still the champion?
BRUSSELS (Reuters) – A week on from its World Cup soccer victory, Germany may return to center stage, though this time not with fan celebrations but concerns over the health of Europe’s economic motor.
South Africa union war follows old pattern on new turf
MARULA PLATINUM MINE South Africa (Reuters) – When a wildcat strike hit Impala Platinum’s Marula mine in South Africa’s Limpopo province this month, union leaders there had no idea it was coming.
Will economy’s fate be set by next two weeks’ earnings?
NEW YORK (Reuters) – A long hoped for improvement in the economy appears to be manifesting itself in second-quarter U.S. earnings, but the next two weeks could be the real test.
Exclusive: GM says it has no fix yet for some recalled Cadillacs with switch issues
DETROIT (Reuters) – General Motors Co has ordered Cadillac dealers to stop selling some versions of the CTS model-range because the automaker does not have a fix yet for cars recalled in late June over an issue where engines can be shut off if the driv…
Concerns mount over India’s stance on global trade pact
SYDNEY (Reuters) – Eleventh hour negotiations to win Indian approval for a breakthrough global trade pact may not have succeeded in the end despite initial signs of progress, sources involved in the discussions said on Saturday.
Roche CEO plans to steer clear of big acquisitions
ZURICH (Reuters) – Roche plans to steer clear of the wave of big takeovers sweeping through the healthcare industry and focus instead on small acquisitions and partnerships, the Swiss drugmaker’s chief executive said in an interview published on Saturd…
