3M Co profit rises six percent as sales grow
(Reuters) – 3M Co reported a 6 percent rise in quarterly profit due to higher sales across all its businesses.
Raytheon eyes ‘tremendous opportunities’ in fourth quarter
WASHINGTON (Reuters) – Raytheon Co sees “tremendous opportunities” for international bookings in the fourth quarter of 2013, and is hopeful that U.S. lawmakers will resolve the U.S. budget crisis in coming months, Chief Financial Officer Dave Wasjgras …
Exclusive: JAL may take legal action against government over landing slots
TOKYO (Reuters) – Japan Airlines reserves the right to sue the Japanese government for favoring rival ANA Holdings by allocating it more landing slots, JAL’s president told Reuters on Thursday, raising the prospect of an unprecedented battle that could…
Chinese data helps shares rebound, euro pares gains
LONDON (Reuters) – A pick-up in Chinese economic activity lifted world shares back toward five-year highs on Thursday, though weaker-than-expected European growth pulled the euro off a two-year peak against the dollar.
China 2013 growth seen at 7.6 percent, topping target, slowdown likely next year: Poll
BEIJING (Reuters) – China’s economy is set to grow 7.6 percent in 2013, beating the government’s 7.5 percent target, before losing some steam next year as the government forges ahead with structural reforms, a Reuters poll showed.
Tepid growth seen while Australia searches for new growth source: Poll
SYDNEY (Reuters) – Australia’s transition away from mining-led growth will be a drag on the economy over the next year or so, while a stubbornly high local dollar stifles other activity – even with interest rates at record lows.
Japan says exports almost flat as shipments to Asia slow down
TOKYO (Reuters) – Japan’s government downgraded its assessment of export performance for the second consecutive month in October on slowing shipments to Asia — suggesting external demand may now contribute less to Japan’s growth than initially anticip…
China central bank fuels fears of inflation clampdown
BEIJING/SHANGHAI (Reuters) – China’s central bank added fuel to fears on Thursday it was clamping down on inflation risks as it allowed cash to drain from the financial system for a second straight week, sparking a jump in short-term rates.
Korean Air says to buy Boeing planes worth $3.77 billion
SEOUL (Reuters) – Korean Air Lines Co Ltd said on Thursday it would buy 3.98 trillion won ($3.77 billion) worth of aircraft from Boeing Co .
Wal-Mart to open up to 110 new China stores by 2016
BEIJING (Reuters) – Wal-Mart Stores Inc , the world’s biggest retailer, is expanding its China business as it seeks to raise profitability in a slowing retail sector.
