China auto market growth slows sharply in January
BEIJING/SHANGHAI (Reuters) – Growth in China’s auto market slowed to 6 percent in January, a third of the rate seen in December, partly weighed down by sluggish sales of commercial vehicles likes trucks and buses.
Nestle says will detail share buyback when L’Oreal deal closes
VEVEY, Switzerland (Reuters) – Nestle will disclose details of a planned share buyback when the sale of an 8 percent share in L’Oreal closes, its chief financial officer told investors on Thursday.
HK property tycoons hit with additional charges in bribery case
HONG KONG (Reuters) – Thomas and Raymond Kwok, the billionaire co-chairmen of Sun Hung Kai Properties Ltd , had additional charges filed against them on Thursday in a bribery investigation surrounding Asia’s largest developer, the company said on Thurs…
Unfazed by market rout, BOJ to signal confidence on inflation goal
TOKYO (Reuters) – The Bank of Japan, unfazed by the latest emerging market rout, is set to stand pat on monetary policy next week and stick to its rosy economic assessment, signaling that any additional monetary stimulus may be some time away.
Thailand’s Nok Air confirms orders for Q400 aircraft
SINGAPORE (Reuters) – Thai low-cost carrier Nok Airlines Pcl confirmed on Thursday options for two Q4 100 aircraft from Bombardier Inc and is looking to confirm two more.
Japan Q4 growth seen quickening on shopping spree before tax hike
TOKYO (Reuters) – Japan’s economic growth is expected to have quickened at the end of last year as consumers ramped up spending ahead of a planned sales tax hike, but analysts say that Tokyo may have to inject fresh stimulus to brighten the outlook.
Peugeot and Dongfeng reach outline deal: sources
PARIS (Reuters) – PSA Peugeot Citroen has reached an outline deal with Dongfeng and France to raise up to 4 billion euros ($5.5 billion) in fresh capital and deepen cooperation with the Chinese carmaker, sources familiar with the matter said.
American Airlines gets JFK slots in swap with JetBlue Airways
(Reuters) – American Airlines Group has gained control of 24 takeoff and landing rights at New York’s John F. Kennedy International Airport – a major gateway for international flights – in a swap with JetBlue Airways , the carriers said on Wednesday.
Britain warns Scotland: Forget the pound if you break away
EDINBURGH (Reuters) – Britain will warn Scotland on Thursday it can’t keep the pound if it votes for independence, its boldest attempt yet to scuttle a nationalist bid to break the 307-year-old union with England.
S&P’s 4-day rally ends on P&G’s view; Cisco off late
NEW YORK (Reuters) – The S&P 500 closed flat on Wednesday, with a four-day rally in the index just barely coming to an end after Procter & Gamble cut its outlook, though some positive earnings limited the decline and eased concerns that valuations had become stretched.
