U.S. economic growth gauge highest since 2010, annual rate rises
NEW YORK (Reuters) – A measure of future U.S. economic growth hit its highest level in more than three years last week and the annualized growth rate rebounded from a previous 39-week low, a research group said on Friday.
U.S. business inventories rise, may lift third-quarter growth
WASHINGTON (Reuters) – U.S. business inventories posted their largest increase in six months in July, suggesting restocking could provide a boost to third-quarter economic growth.
Exclusive: Perella fund looks to sell rail leasing company – sources
NEW YORK (Reuters) – A fund managed by Perella Weinberg Partners LP is looking to sell its rail car leasing business in North America, three people familiar with the deal told Reuters this week.
U.S. consumer sentiment sinks in September on interest rate fears
NEW YORK (Reuters) – U.S. consumer sentiment fell to a five-month low in September, with Americans worried that higher interest rates will put a damper on the housing market and overall growth, a survey released on Friday showed.
Dell to focus on expanding sales capacity, emerging markets
NEW YORK (Reuters) – Dell Inc Chief Executive Michael Dell said in an interview with CNBC on Friday the focus of the company, which he is taking private, will include expanding sales capacity and growing in emerging markets and tablets.
Germany, Finland, query Commission’s planned role in bank decisions
VILNIUS (Reuters) – Germany and Finland said on Friday the European Commission should not have the final say on when and how a euro zone bank could be closed, a position that could further delay the bloc’s banking union project.
U.S. producer prices rise, but inflation pressures benign
WASHINGTON (Reuters) – U.S. producer prices rose in August as energy costs rebounded, but underlying inflation remained tame.
Sanofi says might make sense to buy back L’Oreal’s $12 billion stake
PARIS/LONDON (Reuters) – Repurchasing L’Oreal’s 9 percent stake in Sanofi might make sense for the French drugmaker if the $12 billion holding is put up for sale, Sanofi’s chief executive said on Friday.
Fiat CEO says still far apart from Veba on Chrysler buyout
TURIN, Italy (Reuters) – Fiat SpA Chief Executive Sergio Marchionne said he did not think the Italian carmaker was getting any closer to an agreement to buy the remaining stake in its U.S. unit Chrysler.
CNH Industrial shares to debut in New York on September 30: Marchionne
TURIN, Italy (Reuters) – Truck and tractor maker CNH Industrial’s shares will start trading on the New York Stock Exchange on September 30, the company’s chairman Sergio Marchionne said on Friday.
