China’s September export growth in surprise slide
BEIJING (Reuters) – China’s export growth fizzled in September to post a surprise fall as sales to Southeast Asia tumbled, data showed, a disappointing break to a recent run of indicators that had signaled its economy gaining strength.
Nissan to sell Infiniti brand cars in Japan market
TOKYO (Reuters) – Japan’s Nissan Motor Co will sell its Infiniti luxury brand autos in its home market, seeking to capture growing demand for upscale cars and to better compete with German rivals such as BMW, the Japanese business daily Nikkei reported…
G20 urges U.S. to act quickly to avoid default
WASHINGTON (Reuters) – Finance officials from the world’s biggest economies on Friday pressed the United States to head off a potentially devastating default and vowed to proceed carefully when the time comes to normalize monetary policy.
China probes three Guosen Securities executives: paper
BEIJING (Reuters) – Police in China are investigating three fixed income executives from Chinese brokerage Guosen Securities over issues related to personal matters, domestic media reported on Saturday.
Carlyle’s CommScope sets IPO terms, valued at up to $3.9 billion
(Reuters) – Telecommunications equipment company CommScope Holding Co Inc set pricing terms for its initial public offering, which could value the company at up to $3.9 billion, about three years after being taken private by Carlyle Group LP in a deal …
Exclusive: PSA in capital hike talks with Dongfeng, France – sources
PARIS (Reuters) – PSA Peugeot Citroen is preparing a 3 billion euro ($4.1 billion) capital increase in which Chinese partner Dongfeng and the French government would take matching stakes in the carmaker, people with knowledge of the matter said Friday….
Exclusive: PSA in capital hike talks with Dongfeng, France – sources
PARIS (Reuters) – PSA Peugeot Citroen is preparing a 3 billion euro ($4.1 billion) capital increase in which Chinese partner Dongfeng and the French government would take matching stakes in the carmaker, people with knowledge of the matter said Friday….
S&P to Brazil: Actions speak louder than words
WASHINGTON (Reuters) – The Brazilian government’s more business-friendly tone needs to materialize into actions for Standard & Poor’s to reconsider its negative outlook on Latin America’s largest economy, a senior credit analyst for the agency told Reuters on Friday.
Detroit gets $350 million financing lifeline from Barclays
(Reuters) – Barclays Plc will provide cash-strapped Detroit with up to $350 million in debtor-in-possession financing in the wake of its municipal bankruptcy filing in July, Detroit’s top official said on Friday.
G20 urges U.S. to act quickly to avoid default
WASHINGTON (Reuters) – Finance officials from the world’s biggest economies on Friday pressed the United States to head off a potentially devastating default and vowed to proceed carefully when the time comes to normalize monetary policy.
