China’s economy entered ‘manageable slowdown’ – central bank chief
KIGALI (Reuters) – China’s economic slowdown is “manageable” as the country is in a stage of development where reforms and environmental protection take precedence in policy considerations, Central Bank Governor Zhou Xiaochuan said.
Thai unrest spurs Honda unit to cut output and delay new plant
BANGKOK (Reuters) – The Thai unit of Honda Motor Co has cut production at its Ayutthaya plant to 60 percent of capacity to reflect weak domestic demand, voicing concerns sales may fall short of its target this year after months of political unrest.
Google developing tablet with advanced vision capabilities – WSJ
(Reuters) – Google Inc is developing a new 7-inch tablet that can capture 3-D images, and plans to produce about 4,000 of these prototypes beginning next month, the Wall Street Journal reported, citing people briefed on the company’s plans.
Coca-Cola to launch ‘glacéau smartwater’ in Britain
(Reuters) – Coca Cola is expected to launch a new product – “glacéau smartwater” – in Britain, aimed at the country’s 1.4 billion pound ($2.4 billion) bottled water market, a decade after its Dasani brand failed in the region, The Times reported on Friday.
HP may cut up to 16,000 more jobs as results disappoint
SAN FRANCISCO (Reuters) – Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitman’s years-long effort to turn around the personal computer maker and relieve pressure on its profit margins.
Fed on road to ‘normal’ may be rocky: Williams
SAN FRANCISCO (Reuters) – The Federal Reserve is finally moving back to “normal” monetary policy, a top Fed official said on Thursday, even as he warned of possible lurches along the way.
HP may cut up to 16,000 more jobs as results disappoint
SAN FRANCISCO (Reuters) – Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitman’s years-long effort to turn around the personal computer maker and relieve pressure on its profit margins.
Proposed merger of Squire Sanders, Patton Boggs hits snag
(Reuters) – The fate of the proposed merger of law firms Patton Boggs and Squire Sanders appeared uncertain on Thursday after Squire Sanders halted voting on approving the tie-up.
U.S. air safety board urges more battery tests for Boeing 787
SEATTLE (Reuters) – The U.S. agency that investigates air crashes on Thursday called for lithium-ion batteries on Boeing’s 787 Dreamliners to undergo more testing to ensure they are safe.
U.S. states probe eBay cyber attack as customers complain
BOSTON/NEW YORK (Reuters) – EBay Inc came under pressure on Thursday over a massive hacking of customer data as three U.S. states began investigating the e-commerce company’s security practices.