Glass half full? Six new tenants for London’s Shard one year on
LONDON (Reuters) – Western Europe’s tallest skyscraper, the Shard, built by Qatar’s royal family, is now 50 percent let a year after its opening – a sign, analysts say, of an improving office rental market.
Ford to build upcoming global Edge near Toronto
DETROIT (Reuters) – Ford Motor Co will build its redesigned Edge midsize crossover at its Oakville Assembly plant near Toronto, the second-largest U.S. automaker announced on Thursday.
Retail sales drop unexpectedly in January
WASHINGTON (Reuters) – U.S. retail sales fell unexpectedly in January, and another gauge of consumer spending also slipped.
Nestle hints at more deals after deeper healthcare dive
LONDON (Reuters) – Swiss food giant Nestle’s deeper dive into healthcare by taking over the dermatology joint venture it had with L’Oreal suggests further deals in the space are likely.
Italian leadership squabble weighs on shares; rally fades
LONDON (Reuters) – World shares stepped back from three-week highs on Thursday, ending a five-day run of gains fuelled by assurances from major central banks their supportive policies would continue.
J.C. Penney names new finance chief
NEW YORK (Reuters) – J.C. Penney Co Inc on Thursday said its Chief Financial Officer would step down next month and be replaced by an executive with a finance background who has worked at other department stores.
Small is the next big thing in Asia aviation
SINGAPORE (Reuters) – After flying under the radar for many years, manufacturers of smaller jet and propeller-driven passenger aircraft are finding a bigger market in the Asia-Pacific with a slew of orders at the Singapore Airshow.
India to raise $9.9 billion in telecoms spectrum auction: minister
NEW DELHI (Reuters) – India is set to raise about 611.61 billion rupees ($9.9 billion) from the auction of telecommunication spectrum, the telecoms minister said on Thursday, far exceeding the government’s target as it tries to narrow its budget defici…
GM recalls 778,562 compact cars in North America for ignition issue
DETROIT (Reuters) – General Motors Co said on Thursday it is recalling 778,562 older-model Chevrolet Cobalt and Pontiac G5 compact cars in North America to correct a condition that may allow the engine and other components, including airbags, to be uni…
China issues rules to limit bond investment by shadow bank products
SHANGHAI (Reuters) – China’s central bank published rules on Thursday governing investment by wealth management products (WMPs) in the country’s bond market, in a move aimed at containing risks posed by banks’ off-balance-sheet business.
