China factory contraction shows weak start for economy in 2014
BEIJING (Reuters) – Activity in China’s factory sector contracted in January for the first time in six months, a preliminary survey showed on Thursday, pointing to a weak start for the economy in 2014 as policymakers seek to curb high debt levels to he…
China factory contraction shows weak start for economy in 2014
BEIJING (Reuters) – Activity in China’s factory sector contracted in January for the first time in six months, a preliminary survey showed on Thursday, pointing to a weak start for the economy in 2014 as policymakers seek to curb high debt levels to he…
Analysis: Petrobras fuel woes make Brazil dependent on U.S., India
RIO DE JANEIRO (Reuters) – In October 2007, Brazilian President Dilma Rousseff, then chairwoman of state-run petroleum company Petrobras, proudly predicted that giant new offshore oil fields would usher in an age of Brazilian energy independence.
Sharp says to end solar panel production in U.S. by end-March
TOKYO (Reuters) – Japan’s Sharp Corp said on Thursday it would stop making solar panels in the United States by the end of March, extending its overhaul of unprofitable operations in response to fierce competition from low-cost Chinese rivals.
Microsoft lawyer suggests non-U.S. data storage for overseas users: FT
SEATTLE (Reuters) – Microsoft Corp’s head lawyer has suggested that overseas customers will be allowed to have their personal data stored in non-U.S. data centers, the Financial Times reported on Wednesday.
Boeing hiring in South Carolina as it raises 787 production
(Reuters) – Boeing Co is hiring contract workers at its factory in South Carolina as it boosts output of the 787 Dreamliner and seeks to avoid manufacturing issues linked to the production increase, according to people familiar with the situation.
Analysis: Davos bosses tread warily in rocky emerging markets
DAVOS, Switzerland (Reuters) – Multinational companies are becoming more picky about emerging market investments as slowing growth in upstart economies and a recovery in the West takes the shine off a previous sure-fire strategic bet.
U.S. banks and retailers trade barbs over data breaches
WASHINGTON (Reuters) – Community banks from across the United States and some of the country’s biggest retailers are at each other’s throats over whose job it is to protect consumers from the kind of cyber attacks suffered last month by Target and Neim…
Asia waits on Chinese news, sterling soars
SYDNEY (Reuters) – Asian markets got off to a soggy start on Thursday as investors counted down to data on Chinese manufacturing, while diverging outlooks for interest rates sent the British pound soaring and tipped the Canadian dollar into a tailspin….
Berkshire faces U.S. scrutiny on systemic risk: Bloomberg
(Reuters) – The U.S. risk council is looking to determine whether Warren Buffett’s Berkshire Hathaway Inc could be systemically important, a tag that would subject it to stricter regulatory oversight, Bloomberg reported, citing two people familiar with…
