Motorola Solutions edges past estimates, warns on revenue
(Reuters) – Motorola Solutions Inc, which makes walkie-talkies and rugged mobile computers, reported a slight rise in quarterly profit, helped by higher government sales, but forecast a steep drop in first-quarter sales.
McDonald’s France confirms tax checks, denies wrongdoing
PARIS (Reuters) – McDonald’s France has confirmed tax inspectors visited its local headquarters but denied wrongdoing after French media reported it had transferred over 2.2 billion euros ($3 billion) abroad since 2009 to dodge taxes.
China creates teams to spearhead economic change, with top leaders in charge
BEIJING (Reuters) – China has created six teams to supervise its boldest economic and social changes in 30 years, with President Xi Jinping and Premier Li Keqiang personally taking charge, state media said on Wednesday.
With Yellen on deck, Fed’s Bernanke to stick to low-rate vow
SAN FRANCISCO/NEW YORK (Reuters) – Federal Reserve policymakers will likely leave intact their delicately worded easy-money message when they meet next week, despite a surprisingly sharp drop in U.S. unemployment that threatens to make a central part o…
Analysis: Corporate cash may not all flow back with recovery
LONDON (Reuters) – When the corporate cash dam bursts, everything will be ok, right? Well, maybe.
Dow Jones CEO’s abrupt exit throws strategy into doubt
NEW YORK (Reuters) – News Corp said Lex Fenwick was leaving as chief executive of Dow Jones, less than two years after taking the helm, an abrupt departure that calls into question the future of its news wires and other products aimed at financial inst…
In age of market scrutiny, who wants in on the gold “fix”?
LONDON (Reuters) – Deutsche Bank’s decision to put its seat at the gold fixing table up for sale has raised questions about the future of the price benchmark.
Indian banks seek refuge in home loans, crowd onto HDFC’s mortgage turf
MUMBAI (Reuters) – Indian mortgage lender Housing Development Finance Corp Ltd (HDFC) , loved by global investors for its steady profit growth, faces an intensifying battle for business and market share as banks aggressively push home loans.
Sullen in Singapore: Its workers are the unhappiest in Asia
SINGAPORE (Reuters) – Workers in wealthy Singapore are the unhappiest in Asia and nearly two-thirds would like to quit their jobs in the next year, a regional survey by recruiting firm Randstad Group showed on Wednesday.
Boeing 787 transponder failure causes Air India return to London
NEW DELHI (Reuters) – A Boeing Co 787 Dreamliner operated by Air India Ltd this week returned to London due to a communications problem, but has since been operational, the Indian state-run carrier said on Wednesday.
