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Ford unveils future Ranger pickup for segment rivals dominate
DETROIT (Reuters) - Ford Motor Co on Sunday will officially take the wraps off its long-awaited Ranger midsize pickup truck, a year ahead of its arrival in showrooms, as rivals consolidate positions in a segment Detroit automakers once gave up for dead.
Posted on : 2018-01-14 10:33:31
Factbox: Automakers flash the chrome in Detroit
(Reuters) - Automakers from the United States, Europe and Asia are rolling out new and redesigned production and concept vehicles at the North American International Auto Show in Detroit. Among them:
Posted on : 2018-01-14 10:32:26
French telcos commit 3 billion euros to cover network black spots - report
PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network in black spots across the country to ensure there are no coverage gaps by 2020, according to a government minister.
Posted on : 2018-01-14 09:54:22
Sturgeon sees "golden" chance to argue for UK to remain in single market
EDINBURGH (Reuters) - Scottish leader Nicola Sturgeon said on Sunday there was a "golden opportunity" to argue for Britain to remain in the European single market after Brexit, as no-one had yet demonstrated the benefit of loosening trade ties with the EU.
Posted on : 2018-01-14 09:51:14
China to step up banking oversight in 'arduous' fight on financial risks
BEIJING (Reuters) - China will step up oversight in the banking sector this year to reduce financial risks, the country's banking regulator said, stressing that long-term efforts would be needed to control banking sector chaos.
Posted on : 2018-01-14 09:30:44
Analysis: For now, Australia's plans for cannabis market dominance are more smoke than fire
SYDNEY (Reuters) - When Australia said this month it would allow exports of medicinal cannabis in a bid to dominate a global market set to be worth $55 billion by 2025, investors scrambled to buy shares in marijuana companies - pushing several of them, and the sector as a whole, to record highs.
Posted on : 2018-01-14 09:03:56
GM executives defend NAFTA, Mexican truck plant
DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra expressed optimism on Saturday that the North American Free Trade Agreement would survive, and other senior GM executives stood by the company's plans to continue building trucks in Mexico.
Posted on : 2018-01-14 08:51:28
Trump, Lighthizer discuss China, NAFTA trade talks - White House
PALM BEACH, Florida (Reuters) - President Donald Trump was briefed on Saturday by U.S. trade envoy Robert Lighthizer on U.S. trade with China and talks on revising the North American Free Trade Agreement with Canada and Mexico, a White House spokeswoman said, as the administration considers several new tariff moves in coming weeks.
Posted on : 2018-01-14 08:48:26
Chile slams World Bank for bias in competitiveness rankings
SANTIAGO (Reuters) - Chilean officials on Saturday criticized the World Bank, saying it treated the South American country unfairly in its closely watched annual "Doing Business" competitiveness rankings.
Posted on : 2018-01-14 08:46:39
Adidas targets U.S. market share of 15-20 percent - paper
FRANKFURT (Reuters) - German sportswear maker Adidas wants to increase its U.S. market share to around 15-20 percent from levels that are now "significantly lower", its chief financial officer said.
Posted on : 2018-01-13 23:45:42
Airbus ordered to pay 104 million euros to settle Taiwan missile dispute
PARIS (Reuters) - Airbus said on Saturday it had been ordered to pay 104 million euros in fines over a missile sale to Taiwan in 1992, the latest French arms company to reach a settlement over disputes arising from one of France's biggest ever arms sales.
Posted on : 2018-01-13 23:44:33
Thyssenkrupp shareholder criticises CEO, demands restructuring
FRANKFURT (Reuters) - A major shareholder in Thyssenkrupp has criticised Chief Executive Heinrich Hiesinger for failing to achieve his own profit targets, raising tensions before the German industry group's annual meeting next Friday.
Posted on : 2018-01-13 22:21:35
Carillion could enter administration on Monday unless UK backs rescue: Sky
LONDON (Reuters) - British building and services company Carillion could enter administration on Monday unless Britain's government backs a rescue plan, Sky News reported on Saturday, citing sources.
Posted on : 2018-01-13 18:49:55
IDFC Bank to buy Warburg-backed Capital First in $1.5 bln stock deal
MUMBAI (Reuters) - IDFC Bank Ltd, one of India's two newest banks, will acquire non-bank financial firm Capital First Ltd in a share swap deal valued at about $1.5 billion as it looks to boost its retail lending activities.
Posted on : 2018-01-13 14:43:53
Crowds jostle for Hong Kong flats, no end in sight to housing boom
HONG KONG (Reuters) - Hong Kong's red-hot property market kicked off 2018 with hundreds queuing to buy flats in the first major property launch of the year on Saturday, backing expectations strong demand will further lift record prices by 5 to 20 percent over the year.
Posted on : 2018-01-13 14:34:00
IDFC Bank agrees to acquire Warburg-backed lender Capital First
MUMBAI (Reuters) - IDFC Bank Ltd, one of India's two newest banks, said on Saturday its board has approved a takeover of non-bank financial firm Capital First Ltd in a share swap deal.
Posted on : 2018-01-13 13:45:12
Indonesia central bank warns over cryptocurrencies
JAKARTA (Reuters) - Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.
Posted on : 2018-01-13 13:15:07
HDFC to raise $1.75 billion from investors including GIC, KKR
MUMBAI (Reuters) - India's Housing Development Finance Corp Ltd plans to raise about 111 billion rupees ($1.75 billion) from a preferential share sale to investors including affiliates of Singapore state investor GIC and private equity KKR & Co. LP.
Posted on : 2018-01-13 13:13:20
Analysis: Drugmakers see a pricing blueprint in an $850,000 gene therapy
SAN FRANCISCO (Reuters) - Global drugmakers are looking to a tiny biotech's $850,000 therapy for a rare type of blindness as a model for getting paid for highly expensive – and effective – new medicines.
Posted on : 2018-01-13 09:26:20
Insight: China's COFCO makes painful cuts in drive to lead global food trade
LONDON/PARIS/BEIJING (Reuters) - China's COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders.
Posted on : 2018-01-13 09:23:57
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