UK new car sales rise to highest level since 2007
LONDON (Reuters) – British new car sales rose to their highest level since 2007 last year, bucking a weak European trend to grow by 10.8 percent on the year, industry data for the continent’s second-largest car market shows.
U.S. apartment vacancy rate falls, rents rise in 4th quarter
(Reuters) – The U.S. apartment vacancy rate eased to its lowest level in more than a decade, but stagnant income growth moderated rent increases, according to an industry report released on Monday.
Surprise drop in euro zone inflation shows deflation risk
BRUSSELS (Reuters) – Euro zone inflation fell in December after a small increase the previous month, increasing the European Central Bank’s challenge of avoiding deflation as well as supporting the bloc’s recovery.
Samsung Electronics sparks dividend debate after big worker bonus
SEOUL (Reuters) – Samsung Electronics Co Ltd, the world’s largest smartphone maker, has reignited shareholder calls for more returns after splashing out on a special employee bonus estimated at nearly $1 billion.
European shares edge higher
LONDON (Reuters) – European shares clawed higher ahead of inflation data on Tuesday after fresh falls in Asia left stocks there at a near-four month low and disappointing U.S. data had weighed on Wall Street.
GM sells record number of vehicles in China in 2013
BEIJING (Reuters) – General Motors Co and its Chinese joint ventures sold a record 3.16 million vehicles in China in 2013, an 11.4 percent increase from a year earlier, the U.S. automaker said on Tuesday.
Ex-UBS bank executive to enter plea in tax fraud case
MIAMI (Reuters) – A former high-ranking UBS banker charged with helping Americans dodge taxes through secret Swiss bank accounts is expected to plead not guilty on Tuesday to tax fraud conspiracy in federal court in Florida.
Intel shows off wearable gadgets as chipmaker expands beyond PCs
LAS VEGAS (Reuters) – Intel CEO Brian Krzanich showed off wearable computing devices on Monday including earbuds that monitor your heart rate and a smart headset as the world’s largest chipmaker tries to get back on track after missing out on smartphon…
Metro-North Railroad president to retire: WSJ
(Reuters) – Metro-North Railroad President Howard Permut is expected to retire by the end of this month, as the company faces federal pressure to ramp up its safety systems after a deadly train crash in December, the Wall Street Journal reported on Mon…
Yellen approved to head Fed; only Republicans vote ‘no’
WASHINGTON (Reuters) – Janet Yellen, a key force behind the Federal Reserve’s unprecedented and controversial efforts to boost the U.S. economy, was confirmed by the Senate on Monday to lead the central bank just as it begins to unwind that stimulus.
