Exclusive: 2016 Ford Edge will be sold in Europe, China – sources
DETROIT (Reuters) – Ford Motor Co expects to sell its Edge midsize crossover utility vehicle in global markets when the car is redesigned in early 2015, two sources familiar with the automaker’s plans said on Wednesday.
Corporate suicides highlight stresses at the top
LONDON (Reuters) – The suicides of two top executives in Switzerland has prompted calls for greater support for boardroom highfliers.
South African gold producers gear up for strikes from Sunday
JOHANNESBURG (Reuters) – South African gold producers are preparing for bruising strikes that could start as early as Sunday, with some companies planning for stoppages of up to three months in a high-stakes fight between capital and labor in Africa’s …
Russia orders oil cut to Belarus after potash clash
MOSCOW (Reuters) – Russia ordered its oil firms on Wednesday to cut supplies to neighboring Belarus by around a quarter, in a major escalation of a trade and diplomatic dispute following the arrest in Minsk of the boss of Russian potash firm.
Swiss government ready to sign tax deal with United States
ZURICH (Reuters) – Switzerland said it is ready to end a long-running dispute with U.S. prosecutors over Swiss banks that have sheltered tax evaders, without disclosing any terms of the deal.
Zale posts first full-year profit since 2008, shares soar
(Reuters) – Zale Corp posted higher-than-expected fourth-quarter comparable sales on Wednesday, led by big gains at its flagship chain, and reported its first profitable fiscal year since the financial crisis in 2008.
Batista quits as LLX chairman as EBX breakup continues
SAO PAULO (Reuters) – Brazilian tycoon Eike Batista quit as chairman of Brazilian port operator LLX Logística SA on Wednesday, after agreeing to sell control of the company to U.S. investment firm EIG Global Energy Partners LLC earlier this month.
Argentina’s latest bond swap offer has no end date
BUENOS AIRES (Reuters) – President Cristina Fernandez submitted a bill to Congress on Wednesday which puts no end date on a bond swap offer aimed at diminishing the share of “holdout” creditors who have refused to settle with Argentina over its massive…
Japan official wants Fukushima operator Tepco to be liquidated
TOKYO (Reuters) – The operator of Japan’s wrecked Fukushima nuclear station, Tokyo Electric Power Co, should be liquidated, as its failure to learn from its mistakes fuels insecurity, says the governor of a prefecture hosting another of the utility’s a…
Ukraine PM tells Russia to accept “reality” of EU trade deal
KIEV (Reuters) – Ukraine’s prime minister, seeking to ward off Russian pressure, urged Moscow on Wednesday to accept his country’s drive towards a new trade relationship with the European Union as a “reality”.
