China’s BYD says will hire more U.S. employees for California plant
SHANGHAI (Reuters) – Warren Buffett-backed Chinese carmaker BYD Co Ltd said it would hire more local employees at its new electric bus factory in California, its latest response to criticism that it violated labor rules in the United States.
Zurich reviews uncover no undue pressure on Wauthier
ZURICH (Reuters) – Zurich Insurance said on Monday its finance chief Pierre Wauthier was not subjected to “undue pressure” before he committed suicide and its chairman admitted he was unable to explain the motivation for his tragic decision.
Fed’s Fisher says stimulus tapering will be data dependent
SYDNEY (Reuters) – Federal Reserve Bank of Dallas President Richard Fisher on Monday said any tapering in the U.S. central bank’s bond-buying stimulus program will depend on the strength of economic data.
Fed’s Fisher says U.S. government bears blame for slow recovery
(Reuters) – An ineffective, fractious and fiscally irresponsible government has slowed the U.S. recovery and counteracted the stimulative effects of Federal Reserve’s super-accommodative monetary policy, a top Fed official said on Monday.
U.S. seeking divestitures from American, US Airways: source
WASHINGTON (Reuters) – U.S. antitrust authorities want American Airlines and US Airways Group Inc to agree to a broad package of divestitures at key U.S. airports in order to win approval of a merger that would create the world’s largest air carrier, a…
London finance jobs lag wider recovery: study
(Reuters) – The number of new jobs in London’s financial district dropped in October, lagging a recovery in the wider jobs market, according to research by an international recruitment firm.
Britain must stay in EU but reforms needed, business leaders say
LONDON (Reuters) – Britain must remain part of the European Union, British business leaders said on Monday, but they called on Prime Minister David Cameron to oppose the “creeping extension of EU authority”.
Merlin to close London float order books early: source
(Reuters) – Madame Tussauds owner Merlin Entertainments is to close its London share sale early due to strong demand, a person familiar with the matter said on Sunday.
Centrica set to drop 2 billion pounds offshore wind farm plans: report
(Reuters) – British energy supplier Centrica Plc is likely to drop plans to build a 2 billion-pound wind farm because of insufficient government subsidies, the Telegraph reported on Sunday, citing three sources.
Asian shares eke out gains, dollar holds firm
SYDNEY (Reuters) – Asian markets started the week on a sluggish note on Monday as investors chose discretion over valor ahead of central bank meetings in Europe and the always-critical U.S. payrolls report.
