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Adidas beefs up management as it seeks to revive fortunes

German sportswear firm Adidas (ADSGn.DE) has appointed two new senior managers as part of an ongoing overhaul of its top leadership aimed at making the firm quicker to respond to consumer trends to keep up with bigger rival Nike (NKE.N).

Oct 08, 2014 11:31 AM EDT


The Big Data bounty: U.S. startups challenge agribusiness giants

Chris Gould's combine cab is loaded like the cockpit of a fighter jet he used to fly as he harvests soybeans in northern Illinois, steered by satellites, four video screens glowing with up to minute updates about his crop and the work's progress.

Oct 08, 2014 11:03 AM EDT


Growth worries grip world's stock, oil markets

European stock markets fell for a second day on Wednesday, pushing world share indices back toward their lowest in six months as concern mounts over global economic growth.

Oct 08, 2014 10:59 AM EDT


Denso not seeking big M&A, could buy smaller firms

Denso Corp (6902.T), the world's second-biggest car-parts supplier, does not plan to join global rivals in bulking up through a big merger but it is looking to buy smaller parts makers with niche technologies, the company's head said.

Oct 07, 2014 11:43 AM EDT


As oil prices tank, new era of abundance seen dawning

As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.

Oct 07, 2014 11:24 AM EDT


Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler Group LLC said on Tuesday it is recalling about 22,100 small cargo vans because of inadvertent side air bag deployments, the company and U.S. safety regulators said.

Oct 07, 2014 11:17 AM EDT


Fiat says merger into Dutch-registered FCA effective October 12

Italian carmaker Fiat (FIA.MI) said on Tuesday its merger into holding group Fiat Chrysler Automobiles (FCA) would be effective as of Oct. 12 after all conditions for the tie-up were met.

Oct 07, 2014 11:11 AM EDT


Bill Gross told rival Gundlach: ‘I am Kobe, you are LeBron’

It was one of the most extraordinary meetings in the history of the bond market. Two of the biggest-ever names in fixed-income investing, Bill Gross and Jeffrey Gundlach, fierce rivals who had never previously talked, held a secret meeting over glasses of lemonade, water, and plates of crudites about whether to join forces.

Oct 06, 2014 12:28 PM EDT


Hewlett-Packard to split into two public companies, lay off 5,000

Hewlett-Packard Co (HPQ.N) said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations, and eliminate another 5,000 jobs as part of its turnaround plan.

Oct 06, 2014 12:24 PM EDT


Latest GM recalls cover 57,000-plus vehicles

General Motors Co said on Saturday it was recalling more than 57,000 vehicles in the United States for potential problems ranging from a wiring problem in the steering column to inadvertent shutdown of the engine.

Oct 06, 2014 11:55 AM EDT


Toyota, Mitsubishi to halt production at some Japan plants due to typhoon

Toyota Motor Corp plans to halt production on Monday morning at 12 plants in central Japan due to a typhoon that is hitting the area, spokesman Ryo Sakai said on Sunday.

Oct 06, 2014 11:49 AM EDT


U.S. regulators probe steering in estimated 938,000 Ford vehicles

U.S. safety regulators have opened a probe of an estimated 938,000 Ford Motor Co (F.N) mid-sized sedans due to complaints about steering issues.

Oct 06, 2014 11:38 AM EDT


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