Result Page 350 for Archives

Adidas shares jump on report of bid for Reebok unit

Shares in German sportswear firm Adidas AG (ADSGn.DE) jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government planned a $2.2 billion bid to buy Reebok.

Oct 20, 2014 11:31 AM EDT

Markets

U.S. Marines tap female executives for advice on growing women in ranks

Last spring, U.S. Marine Corps Commandant General James Amos did not even know who Sheryl Sandberg was.

Markets

VW recalls 1.1 million cars in North America, China over suspension issue

German automaker Volkswagen AG (VOWG_p.DE) said it is recalling more than 1.1 million cars in North America and China to correct a potential problem with rear suspension parts.

News

Fourth U.S. traffic death linked to Takata air bags

A fourth traffic death in a Honda Motor Co car has been linked to a defective air bag made by Japanese supplier Takata Corp, according to a county medical examiner in Florida.

GM's top lawyer, hammered during recall hearing in Congress, to retire

General Motors Co's (GM.N) top lawyer will retire early next year, months after his department was heavily criticized for how it handled the automaker's defective ignition switch that has been linked to at least 27 deaths.

Oct 20, 2014 11:11 AM EDT

BMW finance chief sees further growth in 2015: paper

BMW expects sales to rise further next year as new models boost demand, the German carmaker's finance chief told a newspaper on Saturday, without giving a detailed forecast.

Oct 20, 2014 11:05 AM EDT

Toyota recalls 247,000 vehicles in U.S. over Takata air bag issue

Toyota Motor Corp (7203.T) recalled 247,000 cars, SUVs and pickup trucks in the United States on Monday because they are equipped with potentially defective front passenger air bag inflators from Japan's Takata Corp (7312.T) that can rupture and spray metal shrapnel, according to U.S. safety regulators.

Oct 20, 2014 10:59 AM EDT

Dollar edges higher on strong U.S. consumer sentiment data

The U.S. dollar edged higher against a basket of major currencies on Friday after strong data on U.S. consumer sentiment calmed nerves after a week of severe market volatility.

Oct 17, 2014 11:58 AM EDT

Apple's new iPads sport modest upgrades but short on 'wow'

Apple Inc's (AAPL.O) faster, slimmer iPads come with modest improvements, such as a fingerprint sensor, but some analysts say it offers few other features to wow consumers ahead of a holiday shopping season expected to be swamped by mobile devices.

Oct 17, 2014 11:50 AM EDT

Russia and Ukraine reach tentative gas deal in tough Milan talks

Russia and Ukraine made progress on Friday towards resolving a row over gas supplies, but European leaders said Moscow had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.

Oct 17, 2014 11:45 AM EDT

U.S. housing recovery rolls on as groundbreaking rises

U.S. housing starts and permits rose in September, a signal the market's modest recovery is supporting what appears to be growing strength in the broader economy.

Oct 17, 2014 11:41 AM EDT

Exclusive: Indonesia's new president plans steep fuel price rises next month

Indonesia's President-elect Joko Widodo plans to raise subsidised gasoline and diesel prices by around 50 percent next month in a bid to bring down the budget deficit in Southeast Asia's largest economy, an adviser told Reuters on Friday.

Oct 17, 2014 11:34 AM EDT

GE profit tops views as cost cuts drive margins; shares up

General Electric Co (GE.N) reported a slightly higher-than-expected quarterly profit on Friday, with cost cuts that helped boost margins across its industrial businesses offsetting revenue that missed analysts' targets.

Oct 17, 2014 11:29 AM EDT

Wind blows away fossil power in the Nordics, the Baltics next

Wind power is blowing gas and coal-fired turbines out of business in the Nordic countries, and the effects will be felt across the Baltic region as the renewable glut erodes utility margins for thermal power stations.

Oct 17, 2014 11:22 AM EDT

Wall Street climbs at open on solid earnings

U.S. stocks were higher at the open on Friday, following a batch of solid earnings reports that eased concerns about the impact of weak global demand on U.S. growth and businesses.

Oct 17, 2014 11:15 AM EDT

Volkswagen to recall over 580,000 cars in China: government

Volkswagen AG told China's quality watchdog that it planned to recall more than 580,000 cars in the country, after the agency launched an investigation in August.

Oct 17, 2014 11:08 AM EDT