Barclays joins banks helping with forex probe
LONDON (Reuters) – Barclays is cooperating with regulators investigating possible manipulation of currency trading by banks, deepening scrutiny of its conduct as it also grapples with a slump in investment banking income.
Sprint posts decline in third-quarter revenue
(Reuters) – Sprint Corp posted a decline in third-quarter revenue on Wednesday as it lost more subscribers than expected following the shutdown of its older iDen network.
Chrysler profit up 22 percent, confirms 2013 sales outlook
DETROIT (Reuters) – Chrysler Group LLC on Wednesday said its net profit for the third quarter rose 22 percent to $464 million, and it confirmed its full-year sales forecast of $72 billion to $75 billion.
U.S., China to bid for overseas nuclear projects: U.S. energy secretary
BEIJING (Reuters) – The United States is committed to working with China on the development of new nuclear reactors in both countries and will also encourage joint bids for projects elsewhere, U.S. Energy Secretary Ernest Moniz said in Beijing on Wedne…
Microsoft seeks EU approval for $7.5 billion Nokia deal
BRUSSELS (Reuters) – Microsoft has asked EU antitrust regulators to approve its 5.44-billion-euro ($7.49 billion) takeover of Nokia’s phone business as part of a push into the mobile devices business.
Honda profit up as U.S., Japan car sales offset Thai drop
TOKYO (Reuters) – Honda Motor Co said strong car sales in the United States and Japan offset a slowdown in Thailand in the three months to September, helping the Japanese carmaker post a 46 percent growth in quarterly net profit.
China official PMI seen hitting 18-month high in October
BEIJING (Reuters) – China’s manufacturing activity in October likely grew at its fastest rate since April 2012, a Reuters poll showed, adding to signs of a stabilization in the world’s No.2 economy as the government readies a series of key economic ref…
Analysis: Global liquidity swell to spill into 2014
LONDON (Reuters) – After a bone-dry summer, world markets seem awash with cash again and it looks like spilling into 2014.
Asian shares creep ahead, count on Fed being benign
SYDNEY (Reuters) – Asian share markets took heart from record highs in U.S. stocks on Wednesday as investors wagered the Federal Reserve would rock no boats at its policy meeting and leave stimulus in place for the next few months at least.
LinkedIn’s conservative forecast gives pause to sizzling stock surge
SAN FRANCISCO (Reuters) – LinkedIn Corp issued a conservative revenue forecast through the end of the year that damped a sizzling run in its stock price, taking the shine off an upbeat performance at the professional social network in the third quarter…
