Adidas calls in fitness experts to revive Reebok
FRANKFURT (Reuters) – Reebok is turning to sponsorship deals with prominent fitness groups to try to revive a venerable name that has faded since it became part of Germany’s Adidas sportswear group eight years ago.
Despite launch parties, Venezuelan oil tankers never set sail
HOUSTON (Reuters) – With flags and confetti, Venezuela in the last 14 months launched three new oil tankers that exemplify the socialist nation’s ambitions to diversify to Asian markets and give a helping hand to its political allies.
Japan business mood hits near six-year high, Abe set to raise tax
TOKYO (Reuters) – Japanese manufacturers’ sentiment improved sharply in the three months to September to a near six-year high, a closely-watched central bank survey showed, cementing the case for Premier Shinzo Abe to proceed with a planned sales tax h…
U.S. apartment vacancy rate falls, rents rise
NEW YORK (Reuters) – Finding an apartment to rent got even harder in the third quarter, as the U.S. apartment vacancy rate fell to its lowest level in more than a decade, according to an industry report released on Tuesday.
Giving by U.S. foundations tops $50.9 billion in 2012
NEW YORK (Reuters) – Giving in the United States by private and community foundations reached an estimated $50.9 billion in 2012, growing just ahead of inflation, a report released on Tuesday by the Foundation Center showed.
Dimon, bank executives to meet Obama on Wednesday over debt ceiling: WSJ
(Reuters) – JP Morgan chief executive Jamie Dimon is headed for a scheduled meeting, along with other bank executives, with President Barack Obama on Wednesday, the Wall Street Journal reported.
In historic step, Japan PM to hike tax; will cushion blow to economy
TOKYO (Reuters) – Japan’s Prime Minister Shinzo Abe will take a step on Tuesday that none of his predecessors has tried in more than 15 years – making a dent in the government’s runaway debt.
New Zealand bails out stricken state coal miner, bank lenders hit
WELLINGTON (Reuters) – The New Zealand government said it will pump up to NZ$155 million ($128 million) into Solid Energy and private lenders will swap some debt for equity under a plan to save the troubled coal miner, which is slated for partial priva…
Wall Street declines as government shutdown nears
NEW YORK (Reuters) – U.S. stocks closed lower on Monday with just hours to go before a midnight deadline to avert a federal government shutdown, but major indexes ended September with solid monthly gains.
In historic step, Japan PM to hike tax; will cushion blow to economy
TOKYO (Reuters) – Japan’s Prime Minister Shinzo Abe will take a step on Tuesday that none of his predecessors has tried in more than 15 years – making a dent in the government’s runaway debt.
