Nissan recalls over 800,000 vehicles
bbc.co.uk 2 hours ago
Nissan says it plans to recall about 841,000 vehicles worldwide, 133,869 of them in the UK, due to a faulty steering wheel.
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UPDATE 1-Nissan to recall 841,000 vehicles due to steering wheel glitch
reuters.com 3 hours ago
TOKYO, May 23 (Reuters) - Nissan Motor Co Ltd will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's...
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The 1 Chart That Reveals Just How Grossly Unfair The U.S. Tax System Has Become
huffingtonpost.com 12 hours ago
Apple CEO Tim Cook waved a magic wand in front of America on Tuesday, vanishing our outrage over how shamelessly companies avoid paying taxes, leaving the rest of us to foot the bill...
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Ford to shut Australian production
bbc.co.uk 6 hours ago
Ford Motor says it will shut all its Australian manufacturing plants by October 2016, after more than 85 years making cars in the country.
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Caixabank studying sale of 10 pct Mexico's Inbursa
reuters.com 2 hours ago
MADRID, May 23 (Reuters) - Spain's biggest domestic lender Caixabank said on Thursday it was considering a placement of around half of its 20 percent stake in Mexico's Grupo Financiero Inbursa,...
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Langham Hospitality raises $550 mln in HK IPO, prices at middle-sources
reuters.com 2 hours ago
HONG KONG, May 23 (Reuters) - Langham Hospitality Investments, an investment trust controlled by property developer Great Eagle Holdings Ltd, raised about $550 million in an IPO on Thursday, the first...
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PRESS DIGEST-New York Times business news - May 23
reuters.com 3 hours ago
May 23 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
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PRESS DIGEST - Wall Street Journal - May 23
reuters.com 3 hours ago
May 23 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
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Nikkei futures trade briefly halted; cash Nikkei dives 6 pct
reuters.com 3 hours ago
TOKYO, May 23 (Reuters) - The Osaka Securities Exchange on Thursday briefly suspended trade in Nikkei futures due to a steep drop as investors took profits following a recent sharp rally, after...
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UPDATE 2-China factory activity shrinks for first time in 7 mths - flash PMI
reuters.com 3 hours ago
BEIJING, May 23 (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its...
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Thai Bank of Ayudhya denies report of MUFG offer for stake
reuters.com 3 hours ago
BANGKOK, May 23 (Reuters) - Bank of Ayudhya Pcl, Thailand's fifth-largest lender, denied a newspaper report that Japan's Mitsubishi UFJ Financial Group (MUFG) had offered to buy General Electric's...
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Freeport Indonesia tunnel collapse probes must be finished for workers to return -union
reuters.com 3 hours ago
JAKARTA, May 23 (Reuters) - All investigations into a tunnel collapse that killed 28 people at Freeport McMoRan Copper & Gold Inc's Indonesian copper mine must be completed before workers return to...
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FEATURE-Pfizer takes its shot at a vaccine for evasive superbug
reuters.com 4 hours ago
CHICAGO, May 23 (Reuters) - Kathrin Jansen is a microbiologist with at least two breakthrough vaccines to her name: she brought the cervical cancer vaccine Gardasil to market for Merck and helped...
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Nikkei dives 7.3 pct, China worries spark worst rout in 2 years
reuters.com 2 hours ago
TOKYO, May 23 (Reuters) - The Nikkei share average plunged 7.3 percent on Thursday, its biggest one-day percentage drop in two years after weak Chinese factory data rattled investors, prompting them...
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Nifty plunges below 6,000; Sensex slumps over 300 points on global jitters - The Economic Times
economictimes.indiatimes.com 2 hours ago
The sell-off was led by a sharp correction in Japanese stock market. Trading in Japan’s Nikkei 225 Futures was halted in Osaka briefly.
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COLUMN-Peak in Australian commodity investment boom is a good thing: Clyde Russell
reuters.com 4 hours ago
--Clyde Russell is a Reuters market analyst. The views expressed are his own.--
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Sell cheap fuel and profit - Delta Air Lines' refining 101
reuters.com 4 hours ago
* Delta's Trainer refinery could take 50,000 bpd of Bakken crude by end year
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GM Chevy Spark electric car's price 38 pct less than sibling hybrid Volt's
reuters.com 4 hours ago
DETROIT, May 23 (Reuters) - The Chevrolet Spark all-electric subcompact car will cost U.S. buyers as much as 38 percent less than what it takes to buy its larger sibling, the hybrid Volt, General...
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CNH Tracker-Pilot quota system for moving yuan offshore gathers traction
reuters.com 3 hours ago
By Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in...
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CNH Tracker-Pilot quota system for moving yuan offshore gathers traction
reuters.com 3 hours ago
By Saikat Chatterjee HONG KONG, May 23 (Reuters) - A pilot quota system that allows companies operating in China to freely transfer some of their yuan profits offshore has gathered some traction in...
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Brazil to hold oil auction in October, 1 month early -GloboNews
reuters.com 2 hours ago
RIO DE JANEIRO, May 23 (Reuters) - Brazil will hold an auction for rights to explore some of its most promising offshore oil and natural gas areas in October, one month earlier than expected, the...
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Average U.S. 401(k) balance tops $80,000, up 75 pct since 2009
reuters.com 5 hours ago
BOSTON, May 23 (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in...
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 balance tops $80,000, up 75 pct since 2009&caption=Found%20on%20www.newswhip.com&redirect_uri=http://www.newswhip.com/Ireland/The Wire)
Market Chatter-Corporate finance press digest
reuters.com 3 hours ago
May 23 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
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Market Chatter-Corporate finance press digest
reuters.com 4 hours ago
May 23 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
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STOCKS NEWS THAILAND-Bank of Ayudhya up after Japan MUFG stake bid report
reuters.com 4 hours ago
Shares in Bank of Ayudhya Pcl rose after a local newspaper cited a financial market source as saying that Japan's Mitsubishi UFJ Financial Group (MUFG) had offered to acquire General Electric's...
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RPT-GLOBAL MARKETS-JGB yields surge, markets spooked by Bernanke remarks
reuters.com 4 hours ago
* JGB dive, 10-year JGB yield hits highest since April 2012
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Tokyo stocks soar as Sydney, Seoul retreat Asia Markets
marketwatch.com 7 hours ago
Australian and South Korean stocks drop on worries the Federal Reserve could downscale its bond purchases, while Japanese shares march to fresh multiyear highs as several exporters get a lift from the...
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Nikkei slumps 3.4 pct after soft China PMI rattles investors
reuters.com 4 hours ago
TOKYO, May 23 (Reuters) - The Nikkei average took a dramatic turn for the worse on Thursday afternoon, sliding 3.4 percent from an earlier surge to a 5-1/2-year high as investors were rattled by...
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SoftBank would appoint security director to Sprint board
reuters.com 5 hours ago
May 23 (Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel's board if its takeover bid succeeds, and would give the U.S...
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UPDATE 1-China's Lenovo buys and diversifies to outshine PC rivals
reuters.com 4 hours ago
HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as...
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Miners Vale, Rio Tinto accused of neglecting displaced Mozambicans
reuters.com 1 hour ago
MAPUTO, May 23 (Reuters) - Human Rights Watch accused Mozambique's government and foreign mining companies on Thursday of "serious shortcomings" in resettling communities to make way for coal mines,...
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Lenovo's Q4 net profit nearly doubles on Chinese PC, phone demand
reuters.com 4 hours ago
HONG KONG, March 23 (Reuters) - China's Lenovo Group Ltd posted a 90 percent rise in its quarterly net profit, its fastest pace in seven quarters, as a result of strong PC and smartphone demand in...
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Indonesia energy regulator trims 2014 oil target -media
reuters.com 4 hours ago
JAKARTA, May 23 (Reuters) - Indonesia's energy regulator says the country's oil production target next year is too optimistic, and wants it scaled back between roughly 4 percent and 8 percent,...
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Nikkei slumps 3.7 pct on weak China data, 10-yr JGB prices turn higher
reuters.com 4 hours ago
TOKYO, May 23 (Reuters) - Japan's Nikkei stock average tumbled 3.7 percent on Thursday, in a dramatic turnaround from a 5-1/2-year high hit in morning trade and was on track for its biggest daily drop...
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Air NZ flew shark fins
stuff.co.nz 2 hours ago
Airline admits it flew shark fin air cargo to Asia but says they have suspended the practice.
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Dollar falls below 102 yen as Japanese shares dive
reuters.com 2 hours ago
TOKYO, May 23 (Reuters) - The dollar fell below 102 yen, extending its daily fall to more than one percent on Thursday as Japanese share prices plunged after Federal Reserve Chairman Ben Bernanke...
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Nifty falls below 6,050; Ranbaxy, DLF, BHEL down - The Economic Times
economictimes.indiatimes.com 3 hours ago
US Federal Reserve Chairman Ben Bernanke’s comments hinting at an end to exceptionally loose monetary policy also made investors jittery.
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GLOBAL MARKETS-JGB yields surge, markets spooked by Bernanke remarks
reuters.com 5 hours ago
* JGB dive, 10-year JGB yield hits highest since April 2012
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Tokyo stocks soar as Sydney, Seoul retreat Asia Markets
marketwatch.com 7 hours ago
Australian and South Korean stocks drop on worries the Federal Reserve could downscale its bond purchases, while Japanese shares march to fresh multiyear highs as several exporters get a lift from the...
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BOJ: market operation in line with Kuroda stance
reuters.com 4 hours ago
TOKYO, May 23 (Reuters) - The Bank of Japan said on Thursday that the bond market operation it conducted the same day was in line with Governor Haruhiko Kuroda's stance to conduct flexible market...
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