FILE PHOTO: The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo October 12, 2017 BUENOS AIRES (Reuters) – General Motors Co <GM.N> and its suppliers will invest a total of $500 million in Argentina operations through 2019 to prepare to produce a new […]
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AT&T subscriber losses highlight cord-cutting threat: analysts
FILE PHOTO: An AT&T logo is seen at a AT&T building in New York City, October 23, 2016. REUTERS/Stephanie Keith/File Photo October 12, 2017 By Anjali Athavaley NEW YORK (Reuters) – AT&T Inc’s third-quarter video losses sent pay-TV industry shares down on Thursday after Wall Street analysts raised concerns about […]
Russia says progress in anti-doping reforms unrecognized
FILE PHOTO: Russian Olympic Committee (ROC) chief Alexander Zhukov (R) and Vitaly Smirnov, head of the new commission created to combat doping, attend a news conference following a meeting of the executive board of Russian Olympic Committee in Moscow, Russia July 25, 2016. REUTERS/Sergei Karpukhin October 12, 2017 MOSCOW (Reuters) […]
China’s PINTEC launches Singapore robo advisor backed by insurer FWD
FILE PHOTO: A woman sits in the reception area of PINTEC Group in Beijing, China, August 11, 2016. REUTERS/Thomas Peter/File Photo October 12, 2017 By Elzio Barreto HONG KONG (Reuters) – Financial technology company PINTEC Group said on Thursday it launched a venture in Singapore, its first outside China, betting […]
Bullard: Fed ‘should defend’ inflation target, risks losing credibility otherwise
October 12, 2017 WASHINGTON (Reuters) – The Fed needs to mount a clear defense of its 2 percent inflation target or risk losing credibility, and possibly triggering a recession, if it continues raising rates until the pace of price increases strengthens, St. Louis Fed President James Bullard said on Thursday. […]
Loan growth helps JPMorgan beat expectations despite trading decline
FILE PHOTO: People pass the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo October 12, 2017 (Reuters) – JPMorgan Chase & Co’s <JPM.N> quarterly profit and revenue easily trumped Wall Street’s expectations on Thursday, but a slump […]
LG to open Europe’s biggest car battery factory next year
FILE PHOTO – The LG logo is seen on a building roof in Minsk, Belarus, September 12, 2016. REUTERS/Vasily Fedosenko/File Photo October 12, 2017 By Marcin Goettig WARSAW (Reuters) – South Korea’s LG Chem will open Europe’s largest lithium-ion battery factory in Poland next year as the region’s auto industry […]
Tight leash on costs helps Citigroup trump Wall Street view
FILE PHOTO: A view of the exterior of the Citibank Corporate headquarters in the Manhattan borough of New York City, May 20, 2015. REUTERS/Mike Segar/File Photo October 12, 2017 (Reuters) – Citigroup Inc’s <C.N> quarterly profit and revenue beat Wall Street expectations as the bank kept a tight lid on […]
Palestinian rivals Fatah, Hamas sign reconciliation deal in Cairo: broadcast
FILE PHOTO: Palestinian Prime Minister Rami Hamdallah (R) and Hamas Chief Ismail Haniyeh hold hands in Gaza City October 2, 2017. REUTERS/Ibraheem Abu Mustafa/File Photo October 12, 2017 By Hesham Hajali and Nidal al-Mughrabi CAIRO/GAZA (Reuters) – Rival Palestinian factions Hamas and Fatah reached a deal over political reconciliation on […]
Irish court gives $1 billion Apple data center green light
Two new iPhone 8’s are placed out during a sale at the 5th Avenue Apple store in New York City, U.S., September 22, 2017. REUTERS/Brendan McDermid October 12, 2017 By Padraic Halpin DUBLIN (Reuters) – Apple may proceed to build a 850 million euro ($1 billion) data center in Ireland, […]