Argentina’s Kicillof to meet with special master in debt case
(Reuters) – Argentina’s Economy Minister Axel Kicillof will meet in New York with a court-appointed mediator in the country’s dispute with holdout investors in its bonds at 2:30 p.m. EDT, the Economy Ministry said Monday.
Swiss insurer Helvetia to buy rival Nationale Suisse
ZURICH (Reuters) – Swiss insurer Helvetia is to buy rival Nationale Suisse in a deal worth 1.4 billion Swiss francs ($1.57 billion).
What’s in a scent? Perfume makers adapt to EU rules
PARIS (Reuters) – Seaweed may not be the first ingredient that springs to mind for perfume. But algae are among obscure ingredients to which perfume makers are turning to preserve the scent of their fragrances in the face of new EU anti-allergy restric…
China, U.S. to discuss yuan, monetary policy this week
BEIJING (Reuters) – China and the United States will discuss the yuan’s value as well as the impact of U.S. monetary policy at a meeting this week, Chinese Vice Finance Minister Zhu Guangyao said on Monday.
In discounter war, will Aldi’s Coke rush fall flat?
BERLIN (Reuters) – Aldi and Lidl have a new weapon in their battle to be Germany’s discount grocery number one: Coca-Cola.
China signs deal to purchase 123 Airbus helicopters
BEIJING (Reuters) – Airbus Group NV’s helicopter division sealed a deal on Monday to sell 123 helicopters to Chinese companies during German Chancellor Angela Merkel’s China visit.
Dollar creeps higher as equities prepare for earnings
LONDON (Reuters) – The dollar was on its strongest run since late October on Monday as the momentum of last week’s stellar U.S. jobs data carried markets towards what will be a crucial earnings season for record high shares.
Asian shares in limbo as investors look to earnings
TOKYO (Reuters) – Asian stock markets were subdued on Monday with U.S. markets closed on Friday but held near three-year highs on optimism about the U.S. economy, with investors now shifting their focus to corporate earnings.
Central banks ending era of clear promises, return to ‘artful’ policy
NEW YORK/TOKYO (Reuters) – The world’s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for act…
Mazda recalls over 42,000 cars in China due to Takata air bag issue
BEIJING (Reuters) – Mazda Motor Corp will recall more than 42,000 cars produced in China due to issues over air bags supplied by Takata Corp, the company at the heart of massive recalls globally involving Japanese, U.S. and European automakers.
