Ireland says successfully completes final bailout review
DUBLIN (Reuters) – Ireland has successfully passed its lenders’ final review of an 85 billion euro bailout, paving the way for it to complete the aid deal in December, its finance ministry said on Thursday.
Steelmaker ArcelorMittal says it’s turning corner as earnings rise
BRUSSELS (Reuters) – ArcelorMittal , the world’s largest steelmaker, said on Thursday its two-year slump was over and prospects for 2014 were looking up, after higher U.S. steel shipments and mining output boosted third-quarter profits.
Italy’s car market shows no sign of recovery-Fiat exec
MILAN (Reuters) – Italy’s car market shows no signs yet of recovery, unlike other key countries in Europe, a top Fiat executive said on Thursday.
China to keep growth steady, push reforms: premier
BEIJING (Reuters) – China will keep economic growth steady while forging ahead with reforms, Premier Li Keqiang was quoted by state television as saying on Thursday.
Global food prices rise in October after five months of falls
ROME (Reuters) – Global food prices rose slightly in October after declining for the past five months, the United Nations food agency said on Thursday, forecasting more stability in markets as it raised its estimate for 2013/14 cereals output.
GM’s Tavera SUV recall to be overseen by India government panel
MUMBAI (Reuters) – General Motors Co’s recall of 114,000 Chevrolet Tavera sport-utility vehicles in India will be overseen by a government panel, the Ministry of Road Transport and Highways said late Wednesday.
UK regulator urges banks to speed up “swaps” compensation
LONDON (Reuters) – Britain’s financial regulator has written to the bosses of the country’s biggest four banks to tell them to speed up compensating small firms mis-sold risky products designed to insure them against rising interest rates.
Ireland heads for end of bailout in final review
DUBLIN (Reuters) – Three years after going cap in hand to international lenders for a bail out, Ireland is set to step out on its own again.
S&P says next government’s agenda to determine India’s rating
MUMBAI (Reuters) – Standard & Poor’s said on Thursday it may cut India’s sovereign rating to below investment grade should the next government fail to provide a credible plan to reverse the country’s low economic growth.
Top shareholder in S. Africa’s Adcock rejects CFR $1.3 billion bid
JOHANNESBURG (Reuters) – The top shareholder in South African drug maker Adcock Ingram has rejected a $1.3 billion takeover offer from Chile’s CFR Pharmaceuticals , saying on Thursday the deal was not in its best interests.
