Renault, VW lead European car sales rally as recovery spreads
BERLIN (Reuters) – Renault , Volkswagen and Ford spurred European car sales to their strongest performance in four years in December, industry data showed on Thursday, as the sector’s recovery spread to Mediterranean markets.
China approves Thermo Fisher, Life Tech deal with conditions
BEIJING (Reuters) – China’s Commerce Ministry said it had approved U.S.-listed laboratory equipment maker Thermo Fisher Scientific Inc’s $13.6 billion takeover of Life Technologies Corp , subject to certain conditions.
Global stocks, dollar cheered by global economy pick-up
LONDON (Reuters) – Global stocks steadied around multi-year peaks and the dollar rose on Thursday, held aloft by robust U.S., Japanese and European data and some upbeat corporate earnings.
In Boeing 787 battery probe, x-rays may offer clues to past incidents
TOKYO/SEATTLE (Reuters) – Investigators in Japan are studying x-ray images of a lithium-ion battery from when it left the factory, hoping these may shed some light on why it appeared to overheat on a Boeing 787 Dreamliner jet earlier this week.
United Continental to furlough 685 flight attendants
(Reuters) – United Continental will furlough about 685 flight attendants, as the U.S. airline company looks to prune its expenses as part of a $2 billion annual cost-cutting plan announced last year.
Banking regulation meets law of unintended consequences
LONDON (Reuters) – Arcane measures designed to make banks safer are pushing trading activity into areas where the banking regulator’s writ doesn’t run, making conventional markets more risky as volumes dwindle.
Citi to replace debit cards involved in Target data breach
(Reuters) – Citigroup will replace all customer debit cards involved in the data breach at Target Corp, the No.3 U.S. retailer, a spokeswoman for the bank said.
Former GM CEO urges new leaders to avoid past mistakes
DETROIT (Reuters) – Dan Akerson, who retired as chief executive of General Motors Co , on Wednesday, urged his replacement and others at the No.1 U.S. automaker to avoid the decades of short-term thinking that led to its 2009 bankruptcy.
Exclusive: Charter, Comcast in renewed talks on Time Warner Cable bid
NEW YORK (Reuters) – Charter Communications Inc reached out to Comcast Corp this week about teaming up to buy Time Warner Cable Inc, after the larger rival rejected its $37.3 billion takeover bid, according to people familiar with the matter.
Penney to close 33 stores, cut 2,000 jobs to stem losses
NEW YORK (Reuters) – J.C. Penney Co Inc said on Wednesday it would close 33 stores and cut 2,000 jobs as part of its efforts to return to profitability.
