Daimler earnings seen higher, still lagging BMW
FRANKFURT (Reuters) – Germany’s Daimler is expected to post a surge in fourth-quarter profit on Thursday as its rejuvenated Mercedes-Benz model range helps Chief Executive Dieter Zetsche to turn around a legacy of profit warnings.
Special Report: Areva and Niger’s uranium fight
ARLIT, Niger/PARIS (Reuters) – When France began mining uranium ore in the desert of northern Niger in the early 1970s, Arlit was a cluster of miners’ huts stranded between the sun-blasted rocks of the Air mountains and the sands of the Sahara.
Upbeat data help European shares hold gains
LONDON (Reuters) – Upbeat economic data helped European shares break a three-day run of losses on Wednesday, offsetting some unconvincing company earnings and jitters about emerging markets.
U.S. retailers face pressure to raise cybersecurity spending
NEW YORK (Reuters) – Target Corp’s decision to speed up a $100 million program to adopt the use of chip-enabled smart cards is just a drop in the bucket when it comes to what retailers need to do to defend themselves against future cyber attacks, accor…
As Sony prepares PCs exit, pressure mounts for reboot on TVs
TOKYO (Reuters) – Sony Corp is in talks with investment fund Japan Industrial Partners to sell its loss-making Vaio personal computer division, a source familiar with the matter said on Wednesday.
Ford to halt Romanian B-Max production again in February: report
BUCHAREST (Reuters) – Ford Motor Co. will halt production at its Romanian car factory for four days in February because of low demand, officials of the U.S. carmaker were quoted as saying on Wednesday.
Analysis: Emerging markets buffeted by bipolar world
LONDON (Reuters) – Ailing emerging markets are caught between a rock and a hard place – Washington and Beijing to be more precise.
Adidas sues Under Armour over patent infringement
(Reuters) – German sportswear maker Adidas sued Under Armour Inc in a U.S. court over alleged infringement of patents governing fitness training and tracker devices, a court filing showed.
Morgan Stanley to pay $1.25 billion to resolve mortgage lawsuit
(Reuters) – Morgan Stanley said it would pay $1.25 billion to the U.S. regulator for Fannie Mae and Freddie Mac to settle a lawsuit related to the sale of mortgage-backed securities.
Mitsubishi Motors says Masuko to become CEO, chairman in June
TOKYO (Reuters) – Mitsubishi Motors Corp said its long-term president Osamu Masuko will become chairman in June and also take on the newly created post of Chief Executive Officer, as the Japanese automaker seeks to leave behind an arduous decade of slu…