Opel to launch small electric car by 2017: report
BERLIN (Reuters) – General Motors’ European brand Opel plans to start selling an all-electric compact car no later than by 2017 as the automaker is striving to meet EU emission targets, Automobilwoche reported on Sunday.
Dark markets may be more harmful than high-frequency trading
NEW YORK (Reuters) – Fears that high-speed traders have been rigging the U.S. stock market went mainstream last week thanks to allegations in a book by financial author Michael Lewis, but there may be a more serious threat to investors: the increasing …
Audi may keep adding output in second quarter on Europe, China demand
BERLIN (Reuters) – German luxury carmaker Audi said it may further increase production in its home market during the second quarter after adding shifts in past months on strong demand for premium cars from China and Europe.
U.S. investors look for quick rebound from winter doldrums
NEW YORK (Reuters) – Companies across America are blaming the brutal winter for weak first-quarter results, but investors are expecting a quick rebound in the second quarter and will likely judge harshly companies that are less optimistic about a recov…
Retailers push into crowded mobile payment market
BERLIN (Reuters) – Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.
U.S. trade representative to visit Japan for talks on access
WASHINGTON (Reuters) – U.S. Trade Representative Michael Froman will travel to Japan on Monday for high-level talks in a bid to break a stalemate over market access for American farm groups and autos, his office said on Saturday.
Exclusive: IEX eyes stock exchange status
NEW YORK (Reuters) – The upstart stock trading venue featured in Michael Lewis’ book “Flash Boys: A Wall Street Revolt,” may apply to become a fully registered stock exchange sooner than planned, IEX Group Inc’s chief executive said on Friday.
Nestle’s Brabeck says will step down as chairman in 2017 – paper
ZURICH (Reuters) – Nestle’s chairman Peter Brabeck expects to retire in 2017, in line with internal company rules preventing board members from standing for re-election once they reach the age of 72, he said in an newspaper interview published on Satur…
Exclusive: Enbridge first to confirm re-exports of Canadian crude via U.S.
NEW YORK (Reuters) – Enbridge Inc has become the first company to confirm plans to re-export Canadian oil from the United States, a move that could fuel debate over U.S. trade policy and intensify opposition to new oil sands pipelines.
Amazon launches Amazon Dash for delivery of groceries, household items
(Reuters) – Amazon.com Inc launched a new product named Amazon Dash on Friday that allows the user to add groceries and household goods to their shopping lists using the company’s AmazonFresh service.
