Starbucks asks U.S. customers to leave guns at home
(Reuters) – Coffee chain Starbucks Corp has asked U.S. customers to leave their guns at home after being dragged into an increasingly fractious debate over U.S. gun rights in the wake of multiple mass shootings.
Toyota to make RAV4s in Russia after $181 million expansion
TOKYO (Reuters) – Toyota Motor Corp will invest around 18 billion yen ($181 million) to expand capacity at its St. Petersburg plant in Russia where it will start assembling its popular RAV4 SUV in 2016, the Japanese carmaker said on Wednesday. � While car sales have been declining for six consecutive months in Europe’s second biggest market due to an economic slowdown, Toyota has seen sales of the RAV4 rise by 43 percent to 27,000 vehicles in the eight months to August.
Sharp to raise up $1.7 billion in equity, ups forecasts
TOKYO (Reuters) – Japan’s Sharp Corp said on Wednesday it will raise nearly $1.7 billion in share sales, marking a step forward in the TV and display maker’s turnaround.
Volvo Aug truck shipments fall 4 percent year-on-year, hit by product rollout
STOCKHOLM (Reuters) – World number two truck maker Volvo said on Wednesday deliveries of its trucks dropped four percent year-on-year in August as shipments fell in both Europe and North America, held back by an extensive renewal of its product line.
Metso to cut 660 jobs in paper machine unit
HELSINKI (Reuters) – Finnish engineering firm Metso will cut 660 jobs in Finland at its paper machine business, as part of its cost-cutting programme in the unit.
Fiat to produce five new Fiat brand models in next two years
MILAN (Reuters) – Italian carmaker Fiat plans to produce five new Fiat-brand models in the next two years as it seeks to return to profitability in the Europe, Middle East and Africa (EMEA) region, the company said on Wednesday.
Volkswagen to sell electric cars in U.S. from 2015: report
FRANKFURT (Reuters) – German carmaker Volkswagen plans to start selling electric cars in the United States in 2015, the New York Times reported, citing a Volkswagen official.
Analysis: Ageing could weaken central banks, spur rate volatility
LONDON (Reuters) – Not unlike the ageing public – central banks will have to work harder as their economies grey and greater interest rate volatility over time may well be the outcome.
SEC to unveil CEO pay ratio rule, adopt municipal adviser rule
WASHINGTON (Reuters) – U.S. corporations will need to disclose how their chief executive’s paycheck compares to that of their average worker under a proposal set to be unveiled on Wednesday by the U.S. Securities and Exchange Commission.
Options market has eyes on Fed, but more worried about weeks ahead
(Reuters) – Many equity options traders appear less worried by the U.S. Federal Reserve’s expected announcement on Wednesday of a reduction in its huge economic stimulus program than by Washington’s looming debt and budget battles.
