Volkswagen in talks with UAW on Tennessee plant workers
DETROIT (Reuters) – Volkswagen AG and the United Auto Workers said they are in talks about the U.S. union’s bid to represent workers at the German carmaker’s Tennessee plant, which would be a milestone in the UAW’s long-running effort to organize forei…
G20 says will work together until regulatory job done
ST. PETERSBURG (Reuters) – World leaders renewed their determination on Friday to work more closely and regulate across the financial system to avoid conflicting rules that would crimp economic growth.
Glencore to vaunt successes of $46 billion Xstrata deal one year on
LONDON (Reuters) – Almost a year after winning the battle for Xstrata, Glencore is set to show investors evidence of early successes, with costs to come down more than targeted, asset sales in hand and key staff retained.
G20 says economy recovering but no end to crisis yet
ST. PETERSBURG, Russia (Reuters) – The Group of 20 powers said on Friday the world economy was improving but it was too early to declare an end to crisis with emerging markets facing increasing volatility.
M&A deals, corporate spending to boost equities
LONDON (Reuters) – Growing M&A activity and increasing investment suggest that firms are finally putting their massive cash piles to work, a trend which is likely to give equity markets another leg-up towards the end of the year.
Analysis: Steelcase wants to transform offices as budgets rebound
NEW YORK (Reuters) – U.S. corporate offices are getting spruced up now that the recession is over, and a total makeover is what Steelcase Inc is pitching as office furniture suppliers seek a slice of the growing pie.
G20 pledges to help developing countries tackle tax dodging
ST. PETERSBURG (Reuters) – The leaders of the world’s biggest economies pledged on Friday to help developing nations fight tax evasion by assisting them in tracking funds their citizens hide in tax havens.
Apple hit with U.S. injunction in e-books antitrust case
NEW YORK (Reuters) – A U.S. judge who found Apple Inc liable for conspiring to fix e-book prices entered an injunction on Friday to bar the iPad maker from further antitrust violations.
Analysis: Fed shift complicates Syria crisis trading strategy
LONDON (Reuters) – Some investors trying to protect themselves from any market gyrations provoked by a deepening Syrian crisis are looking to oil as an alternative to top-rated government bonds, a traditional but currently unappealing haven in uncertai…
Analysis: Weak currencies but no quick export fix for emerging markets
LONDON (Reuters) – Newly cheap currencies may soon start to boost emerging markets’ exports but for many that will only soften the bigger blow of imported inflation and the higher interest rates needed to stabilize their exchange rates.
