Porsche eyes record sales in 2014, helped by new Macan SUV
BERLIN (Reuters) – Germany’s Porsche aims to increase sales of sports cars and sport-utility vehicles (SUV) to another record this year after global deliveries hit an all-time high in 2013.
Canon to haul capacity back home as yen continues slide
TOKYO (Reuters) – Canon Inc is shifting capacity back to Japan in an apparent vindication of Prime Minister Shinzo Abe’s yen-weakening policies, which have made it more profitable for some Japanese manufacturers to produce and export from home.
U.S. December planned layoffs plunge to lowest since 2000: Challenger
NEW YORK (Reuters) – The number of planned layoffs at U.S. firms plunged by 32 percent in December to the lowest monthly total in more than 13 years, a report on Thursday showed.
Family Dollar results show lower-income shoppers still pressured
(Reuters) – Family Dollar Stores Inc reported a weaker-than-expected quarterly profit and gave a tepid outlook for the current period after it discounted more than it had originally planned to win shoppers in the key holiday shopping season.
China to invest $100 billion in new rail lines this year
BEIJING (Reuters) – China will spend over $100 billion on more than 6,600 km (4,100 miles) of new railway lines this year, Xinhua news agency said, citing a senior industry official.
BlackRock agrees to end analyst surveys
(Reuters) – BlackRock Inc , the world’s largest asset manager, agreed to end its analyst survey program worldwide, as part of an agreement reached Wednesday with the New York Attorney General’s office.
India to seek foreign investment in giant, creaking rail network
NEW DELHI (Reuters) – India will soon invite foreign businesses to help expand its once-mighty but now outdated railways, government sources said, in a move that would mark the opening up of one of the country’s last great state-controlled industries.
Euro zone economic morale jumps, easing pressure on ECB to act
BRUSSELS (Reuters) – Euro zone economic sentiment rose more than expected in December and inflation expectations picked up, data showed on Thursday, easing some pressure on the European Central Bank to loosen monetary strings further.
Sizzling euro zone periphery run continues ahead of ECB
LONDON (Reuters) – Euro zone periphery bonds and stocks rallied for a third day on Thursday, as investors cast aside their normal caution ahead of policy meetings at the European Central Bank and Bank of England.
Global food prices steady in December, down in 2013: FAO
ROME (Reuters) – Global food prices rose slightly in December after staying flat the month before, but prices on average declined 1.6 percent in 2013 versus the previous year, the United Nations food agency said on Thursday.
