Raytheon says won $1.28 billion missile system order from Oman
WASHINGTON (Reuters) – U.S. arms maker Raytheon Co announced on Thursday that it received a $1.28 billion order from Oman for an advanced surface-to-air missile system.
Target CFO to testify before Senate on big data breach
(Reuters) – Target Corp’s chief financial officer will testify before the U.S. Senate Judiciary Committee on February 4 about a massive data breach in what is likely to be the first time the retailer publicly answers questions about the unprecedented a…
Exclusive: Germany, France attack EU plan to curb big banks
LONDON (Reuters) – Germany and France have attacked European Union plans to curb banks’ ability to take market bets with their own money, warning that this could jeopardize a delicate economic recovery, a paper seen by Reuters showed.
Wal-Mart creates $10 million fund to back U.S. manufacturing
WASHINGTON (Reuters) – Wal-Mart Stores Inc , the world’s largest retailer, said on Thursday it has created a $10 million fund to support manufacturing in the United States, and that one of its bicycle suppliers plans to start production in the U.S. thi…
U.S. manufacturing growth slows in January: Markit
NEW YORK (Reuters) – U.S. manufacturing growth slowed in January for the first time in three months, hobbled by new orders, though a recent trend of stronger growth appeared to be intact, an industry report showed on Thursday.
U.S. existing home sales rise modestly in December
WASHINGTON (Reuters) – U.S. home resales rose slightly in December after three monthly falls in a row, as record low mortgage interest rates and pent-up demand continue to sustain a recovery in the market.
Euro zone starts 2014 on a high, China falters
LONDON/NEW YORK (Reuters) – China’s vast manufacturing industry shrank for the first time in six months and U.S. factory growth slowed a bit this month, but Europe’s private sector got the new year off to a strong start, surveys on Thursday showed.
Netflix shares to open higher after strong customer additions forecast
(Reuters) – Netflix Inc’s shares were set to open 18 percent higher on Thursday, after the world’s largest video streaming company said it expected customer additions in the U.S. to remain strong, prompting at least six brokerages to raise their price …
South African strike hits world’s top platinum producers
MARIKANA, South Africa (Reuters) – South African mines producing half the world’s platinum shut down on Thursday as the sector’s main union began a strike for hefty wage hikes their employers say they cannot pay.
United Continental fourth-quarter profit, revenue top estimates
CHICAGO (Reuters) – United Continental Holdings Inc on Thursday reported a quarterly profit that easily topped Wall Street expectations, helped by an increase in passenger travel, higher ticket prices and lower fuel costs.
