German carmakers to focus on local production growth in U.S.: PwC
BERLIN (Reuters) – German automakers will focus on the United States for boosting local production this year and next, tapping reviving demand in the world’s second-largest car market as Europe keeps struggling, according to PricewaterhouseCoopers.
Exclusive: Valeant, Actavis, Mylan eye Pfizer’s generics unit
NEW YORK (Reuters) – Drugmakers Valeant Pharmaceuticals International Inc , Actavis Plc and Mylan Inc have all expressed interest in buying Pfizer Inc’s branded generics business, but no active discussions are going on at this time, according to three …
Lindt CEO sees double-digit growth in North America in 2014
ZURICH (Reuters) – Swiss chocolate maker Lindt & Spruengli expects to again generate double-digit sales growth in North America in 2014, its head told Reuters on Tuesday.
India set to ease restrictions on local carriers flying abroad: minister
NEW DELHI/SINGAPORE (Reuters) – India could ease restrictions that prevent some of its domestic airlines from flying on international services within a month, potentially benefiting start-ups set up by Singapore Airlines and Malaysia’s AirAsia that aim…
Google gains entry to home and prized team with $3.2 billion Nest deal
SAN FRANCISCO (Reuters) – Google Inc took its biggest step to go deeper into consumers’ homes, announcing a $3.2 billion deal to buy smart thermostat and smoke alarm-maker Nest Labs Inc, scooping up a promising line of products and a prized design team…
Dutch order recall of French horsemeat
AMSTERDAM (Reuters) – Dutch food safety authorities ordered five Dutch companies to recall 11,000 kg of improperly labeled French horsemeat that was turned into food products in the Netherlands, the Economic Affairs Ministry said in letter published on…
Euro zone November output beats expectations
BRUSSELS (Reuters) – Euro zone industrial production in November rose much more than expected, signaling stronger momentum behind the bloc’s economic recovery in the last quarter of 2013.
ECB’s Nowotny says euro zone growth could top expectations
Vienna (Reuters) – The euro zone might grow stronger this year than so far expected, European Central Bank Governing Council member Ewald Nowotny said on Tuesday.
Lawmakers unveil $1.1 trillion spending bill
WASHINGTON (Reuters) – Negotiators in the U.S. Congress on Monday unveiled a $1.1 trillion spending bill that aims to prevent another government shutdown while boosting funding levels slightly for military and domestic programs – but not for “Obamacare…
Exclusive: Seibu to seek Tokyo listing, ends spat with Cerberus: sources
TOKYO (Reuters) – Seibu Holdings Inc and top shareholder Cerberus Capital Management LP will seek to relist the Japanese company in the coming months, sources said, allowing the U.S. investor to cash out most of its $1 billion-plus investment and endin…
