China banks strike back against threat from Internet finance
SHANGHAI (Reuters) – China’s brick-and-mortar banks are launching a counter-attack against the assault on their business from Alibaba and other Internet heavyweights, in a bid to staunch the outflow of bank deposits into high-yielding online investment…
LG Electronics aims for smartphone growth double the market rate
SEOUL (Reuters) – LG Electronics Inc aims to broaden its range of smartphones so sales this year grow at double the rate of the market, as the South Korean company seeks to retake the position of world’s third-biggest maker.
Euro zone inflation to offer clues on ECB action
BRUSSELS (Reuters) – Euro zone inflation due on Friday will be firmly in the sights of financial markets eager to establish whether the European Central Bank (ECB) has enough ammunition to ease monetary policy in the following week.
Chipmakers dream of China as they head to Spain’s smartphone gala
SAN FRANCISCO/BARCELONA (Reuters) – The world’s biggest mobile brands will jostle for the spotlight at the premier mobile industry event this week in Spain, but away from the glitzy displays chipmakers will be preoccupied with China, the largest mobile…
Clock ticks on Ergen, Falcone fight for LightSquared
NEW YORK (Reuters) – With its money running out and a crucial court battle unresolved, the fight over bankrupt wireless venture LightSquared is going down to the wire.
Beyond cute cats: How BuzzFeed is reinventing itself
NEW YORK (Reuters) – BuzzFeed has come a long way from cat lists. This month one of its journalists was on the ground in Kiev reporting on the crisis in Ukraine, and last December it published an in-depth article on a Chinese dissident living in Harlem…
Billionaire Soros considers investing in European banks: paper
FRANKFURT (Reuters) – George Soros wants to invest in Europe’s financial sector, according to a German magazine’s interview with the billionaire investor on Sunday.
Rock-bottom rates convert German savers to spending
BERLIN (Reuters) – After diligently setting aside his earnings for years, Sebastian decided last year it was time to splurge.
China Finance Minister welcomes U.S. policy withdrawal: Xinhua
BEIJING (Reuters) – Attempts by the Federal Reserve to dial back its super-loose monetary policy are good for China because it shows the world’s largest economy is improving, China’s Finance Minister was quoted as saying on Sunday.
G20 aspires to faster economic growth, roadmap sketchy
SYDNEY (Reuters) – The world’s top economies have embraced a goal of generating more than $2 trillion in additional output over five years while creating tens of millions of new jobs, signaling optimism that the worst of crisis-era austerity was behind…
