Wall St. Week Ahead: Markets could turn choppy as Fed, Syria risks mount
NEW YORK (Reuters) – U.S. stocks could be in for a jolt of volatility in the week ahead as Congress debates whether to authorize a military strike against Syria and as the Federal Reserve’s pivotal decision on winding down its stimulus grows near.
Daimler aims to launch self-driving car by 2020
MUNICH (Reuters) – Germany’s Daimler AG plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot among premium carmakers, its development chief said.
Smartphones try fashion makeovers to stand out from pack
SAN FRANCISCO (Reuters) – Bright colors, funky textures and personalization are coming to a smartphone near you as mobile phone makers turn to fashion to buoy sales in a crowded market.
Dubai’s DAE ends tie-up talks with BBA Aviation
DUBAI (Reuters) – Dubai Aerospace Enterprise (DAE), owner of U.S.-based engine repair and maintenance business StandardAero, said on Sunday it was no longer in talks with British aircraft services firm BBA Aviation to merge parts of its business.
NYC Comptroller’s race: borough boss vs. Wall St. sheriff
NEW YORK (Reuters) – In most election years, the campaign for New York City’s top financial job is a sideshow affair compared with the larger battle for the mayor’s office.
Abu Dhabi employees in fix over losing Dubai life
ABU DHABI/DUBAI (Reuters) – When American Stephen Perry lost his job at a bank in Dubai following the emirate’s debt crisis in 2009, he was lucky to be hired by one of neighboring Abu Dhabi’s government firms.
Dubai’s DAE ends tie-up talks with BBA Aviation: statement
DUBAI (Reuters) – Dubai Aerospace Enterprise (DAE), owner of U.S.-based engine repair and maintenance business StandardAero, said on Sunday it is no longer in discussions with British aircraft services firm BBA Aviation to merge parts of its business.
Italy’s Morellato not for sale, eyes other domestic brands: CEO
VICENZA, Italy (Reuters) – Italian jewelry and watch maker Morellato Group is not for sale and hopes to add other domestic brands to its portfolio, chief executive Massimo Carraro said.
China August exports beat forecasts, point to stabilization
BEIJING (Reuters) – China’s exports rose more than expected in August, boosted by improving demand for the country’s goods in major markets and adding to evidence that the world’s second-largest economy may have avoided a sharp slowdown.
SK Hynix says operations partly resumed at fire-hit China plant
SEOUL (Reuters) – SK Hynix Inc said on Sunday it had partially resumed operations at its fire-affected plant in China, which produces half of its computer memory chips, on Saturday and plans to restore full operations as soon as it can.