(Reuters) – Traders and investors seem to agree on one thing about Tuesday’s U.S. presidential election: The markets want a clear winner by Wednesday morning. The most recent Reuters/Ipsos tracking poll shows a tight national … continue…
U.S. markets want clear decision from presidential vote
Comments Off on U.S. markets want clear decision from presidential vote
Suzuki to end car sales in U.S., focus on motorcycles
(Reuters) – Japan’s Suzuki Motor Corp (7269.T) will pull the plug on its unprofitable automobile sales business in the United States after nearly three decades, hurt by a strong yen and a limited choice of … continue…
Comments Off on Suzuki to end car sales in U.S., focus on motorcycles
Luxury carmaker BMW starts to feel industry pain
(Reuters) – BMW (BMWG.DE), the world’s largest premium carmaker, warned it was starting to feel the pain of a sickly European market, overshadowing strong quarterly results and a forecast record annual profit. Chief Executive Norbert … continue…
Comments Off on Luxury carmaker BMW starts to feel industry pain
EU sets dire Spanish growth forecasts: El Pais
(Reuters) – The European Commission has set dire economic forecasts for Spainuntil 2014, El Pais reported on Tuesday, shooting down the targets set out by Madrid and potentially pushing it closer to seeking euro zone … continue…
Comments Off on EU sets dire Spanish growth forecasts: El Pais
Gallery
M&S profits fall on clothing issues, economy
This gallery contains 1 photos.
(Reuters) – Bellwether British retailer Marks & Spencer (MKS.L) posted a second consecutive year of falling first-half profit, reflecting mistakes in its clothing offer and the pressure facing UK consumers. The 128-year-old group, Britain’s biggest … continue…
Comments Off on M&S profits fall on clothing issues, economy
Wall Street ticks down ahead of election
(Reuters) – Stocks slipped in low volume on Monday as traders awaited Tuesday’s U.S. election to place bets on sectors seen performing better under one or the other political party. Democratic President Barack Obama and … continue…
Comments Off on Wall Street ticks down ahead of election
G20 flags U.S. fiscal cliff, Europe’s debt woes
(Reuters) – Finance chiefs of the world’s 20 leading economies are ringing alarm bells over the U.S. fiscal cliff and Europe’s debt woes at a meeting in Mexico this weekend as they look to push … continue…
Comments Off on G20 flags U.S. fiscal cliff, Europe’s debt woes
StanChart shares tumble on Iranian dealings
(Reuters) – Standard Chartered Plc’s shares fell as much as 20 percent on Tuesday after New York’s top bank regulator threatened to remove its state banking license, saying the British lender hid $250 billion in … continue…
Spyker sues GM for over $3 billion on Saab bankruptcy
(Reuters) – Dutch sportscar maker Spyker NV (SPYKR.AS) is suing General Motors Co (GM.N) for more than $3 billion on behalf of its subsidiary Saab, accusing the U.S. automaker of deliberately bankrupting the Swedish group … continue…
Comments Off on Spyker sues GM for over $3 billion on Saab bankruptcy
Fed to signal more easing but stop short of big steps
(Reuters) – The Federal Reserve is likely to show on Wednesday that it is ready to act against a weakening economy but stop short of aggressive measures for now. Economists say the central bank could … continue…
Comments Off on Fed to signal more easing but stop short of big steps
