Fiat-Chrysler group could be based in the Netherlands: CEO
AMSTERDAM (Reuters) – Carmaker Fiat-Chrysler could be registered in the Netherlands after a planned merger, the company’s chief executive Sergio Marchionne told Reuters on Tuesday.
Peabody profit falls on lower prices, but beats expectations
(Reuters) – Peabody Energy Corp reported a surprise second-quarter profit on Tuesday as it benefited from a lower-than-expected tax rate, and shares of the world’s largest private-sector coal miner jumped more than 7 percent.
Consumers more confident, less worried about jobs: global survey
LONDON (Reuters) – Global consumer confidence rose in the second quarter with more optimistic perceptions about jobs, personal finances and spending intentions in the United States, China and Japan, a survey shows.
Volkswagen’s Bentley to build world’s most expensive SUV
BERLIN (Reuters) – Germany’s Volkswagen gave its ultra-luxury Bentley division the nod to build its first sport-utility vehicle, venturing beyond its specialty of sleek, growling road cars in a move that could unsettle automobile purists.
UPS profit falls as global customers use cheaper shipping
(Reuters) – United Parcel Service Inc on Tuesday posted a smaller quarterly profit as customers, especially on international routes, chose slower, cheaper shipping services.
RadioShack loss widens, turnaround expert is named interim CFO
(Reuters) – Electronics retailer RadioShack Corp reported a wider-than-expected quarterly loss on Tuesday and named a turnaround expert as its interim financial chief.
Two more AstraZeneca employees questioned in China
LONDON (Reuters) – Chinese police have questioned two more AstraZeneca employees in Shanghai, after a sales representative was taken away for questioning earlier, the British drugmaker said on Tuesday.
Toyota opens its inner circle to outsiders for overseas push
NAGOYA, Japan (Reuters) – Mark Hogan, a former General Motors Co executive, says he often chided Toyota Motor Corp for its weakness in fast-growing Brazil and Argentina despite having reached the No. 1 spot in the global industry.
Wendy’s posts profit, to sell 425 restaurants
(Reuters) – Wendy’s Co , the second-largest U.S. hamburger chain, reported a quarterly profit on Tuesday and announced a plan to sell about 425 restaurants by mid-2014.
Netflix shares slip as subscriber numbers lag investor dreams
(Reuters) – Netflix Inc stock is set to open around 4 percent lower after the online entertainment company reported less-than-expected quarterly subscriber growth, undermining investor hopes for a dream run from its own programs.
