Jaguar Land Rover mulling opening of Brazil car plant
LONDON (Reuters) – British luxury carmaker Jaguar Land Rover on Wednesday said it was studying the possibility of opening a manufacturing plant in Brazil.
Goldman Sachs names 280 managing directors as of January 1
NEW YORK (Reuters) – Goldman Sachs Group Inc named 280 new managing directors on Wednesday, a 5 percent increase from the previous year.
Former top regulator Sants resigns from Barclays due to stress
LONDON (Reuters) – Britain’s former top financial industry regulator Hector Sants has resigned from Barclays , citing stress and exhaustion, 10 months after joining the bank as head of compliance.
How your company is watching your waistline
(Reuters) – Employers tried the carrot, then a small stick. Now they are turning to bigger cudgels.
Google’s Motorola seeks comeback with low-cost smartphone
SAN FRANCISCO (Reuters) – Motorola is betting that low-cost smartphones can provide the spark to rekindle its struggling business, even as the company’s ownership by Google Inc will force it to sit out of China, the world’s largest smartphone market.
Petrobras sells Peru unit to PetroChina/CNPC for $2.6 billion
BRASILIA/BEIJING (Reuters) – Brazil’s state-run oil company Petrobras has struck a deal to sell its Peruvian oil and gas assets to PetroChina , China’s top oil and gas firm, and its parent China National Petroleum Corp (CNPC) for $2.6 billion.
Apple under investigation in Italy for alleged tax fraud: source
MILAN (Reuters) – U.S. tech giant Apple is under investigation in Milan for allegedly hiding more than 1 billion euros ($1.34 billion) from the Italian taxman, a judicial source with direct knowledge of the matter told Reuters, confirming a local media…
Google gives first testimony before Congress since Snowden leaks
WASHINGTON (Reuters) – Search giant Google Inc pushed the U.S. government to be more open about its online spying on Wednesday in the first such testimony before Congress by a major technology company since a series of news leaks began in June.
EU duty-free jet fuel sets new battle for world refiners
LONDON (Reuters) – U.S. refiners are expected to ship large volumes of jet fuel across the Atlantic starting in 2014 after the European Union scrapped an import duty on the product, opening a new battleground for the world’s largest refineries, traders…
Ford unveils global small car, key to opening emerging markets
DETROIT (Reuters) – Ford Motor Co will launch a small car aimed at emerging markets next year, the toughest test yet of Chief Executive Alan Mulally’s strategy of building “global” models that can be sold in countries around the world.