Harsh U.S. winter roils natgas market, upends some strategies
NEW YORK (Reuters) – When volatility returned to the U.S. natural gas market this winter after years of sleepy trade, the wild price swings created unexpected winners and losers.
Adidas to roll out new ‘stadium’ concept in retail drive
BERLIN (Reuters) – Adidas aims to replicate a sports stadium experience at flagship stores around the world, part of an effort by the German sportswear firm to make more direct sales, particularly in emerging markets.
Europe shares, euro rise as German morale brightens
LONDON (Reuters) – European stocks rose and the euro strengthened against the dollar on Monday as a surprise improvement in German business morale added to optimism over the euro zone’s recovery, although worries over credit tightening in China kept in…
China’s home price rises ease for first time in 14 months
BEIJING (Reuters) – China’s home price rises eased for the first time in 14 months in January, the latest sign that the government’s more than four-year campaign to rein in property risk may finally be starting to bite.
Exclusive: GE to spend another $10 billion on energy research by 2020
(Reuters) – General Electric Co plans to intensify research focusing on complex energy projects such as waterless fracking and gas turbine efficiency by earmarking an additional $10 billion through 2020 for its “ecoimagination” budget.
German business morale reaches highest level in two and a half years
BERLIN (Reuters) – German business morale rose in February to its highest level since July 2011, suggesting Europe’s largest economy will grow faster in the first quarter after expanding only modestly last year.
Nokia succumbs to Android appeal in low-cost phone battle
BARCELONA (Reuters) – Nokia, soon to be acquired by Microsoft Corp, is turning to software created by arch-rival Google for a new line of phones it hopes will make it a late contender in the dynamic low-cost smartphone market.
Euro zone inflation shows biggest monthly fall in January
BRUSSELS (Reuters) – Euro zone consumer prices fell in January at their fastest ever pace on a monthly basis, dragged down by a slump in the cost of non-energy industrial goods, keeping annual inflation well below the European Central Bank’s target.
China to keep economic growth within reasonable range in 2014
BEIJING (Reuters) – China’s top leaders reiterated pledges to keep the country’s economic growth within a reasonable range this year while forging ahead with reforms in all fronts.
BOJ can wait to decide if more easing steps needed, Abe aide
TOKYO (Reuters) – The Bank of Japan can wait for more data in the summer before it decides whether to ease policy further, a key aide to Prime Minister Shinzo Abe said, indicating the government is not pressing the central bank to immediately bolster t…
