Most Japan firms favor cautious approach to any Toshiba delisting Most Japanese firms believe the Tokyo bourse should be cautious in its approach to any delisting of embattled Toshiba Corp (6502.T), concerned about the potential impact on its clients, subcontractors and financial markets, a Reuters poll showed. The conglomerate, whose […]
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Business
Software update can fix Fiat Chrysler's U.S. diesel issue Fiat Chrysler Automobiles NV (FCHA.MI) believes a software update can address U.S. regulators' contention that its diesel vehicles are producing excess emissions, a lawyer for the company said at a court hearing on Wednesday. The lawyer admitted no wrongdoing by the […]
Worker advocacy group report says Tesla's injury rate higher than average A California-based workers advocacy group released a report on Wednesday saying that Tesla Inc (TSLA.O) data showed its workers have been injured at a rate a third higher than the auto industry average. Worksafe made the analysis after being […]
U.S. oilfield service firms lag shale recovery; old deals hold U.S. oil services companies have been doing a lot more work as recovering oil prices have lifted the shale industry from a two-year slump, but producers have been pocketing much of the new cash generated by rising output and squeezing […]
Oil prices rise in anticipation of extended OPEC-led output cut Oil prices rose ahead of an OPEC meeting on Thursday that is expected to extend output cuts into 2018, adding at least nine months to an initial six-month curb in the first half of this year. Brent crude futures LCOc1 […]
Fed ties rate hike to economic rebound, sees balance sheet cuts in 2017 Federal Reserve policymakers agreed they should hold off on raising interest rates until it was clear a recent U.S. economic slowdown was temporary, though most said a hike was coming soon, minutes from their last policy meeting […]
Lack of new launches leaves Ford playing catchup with GM James Hackett spent the last year plotting Ford Motor Co's long-term self-driving car strategy. In his first week as chief executive, he has more immediate concerns: stopping a skid in North American sales and fending off a market share grab […]
Asian shares hit two-year high after Fed signals gradual tightening Asian shares scaled two-year highs on Thursday while the dollar and U.S. bond yields slipped after the U.S. Federal Reserve signaled a cautious approach to future rate hikes and the reduction of its $4.5 trillion of bond holdings. MSCI's broadest […]
TSA is taking a closer look at LAX passengers electronic devices The Transportation Security Administration has been quietly testing a new screening procedure that more closely examines electronic devices in carry-on bags at LAX and nine other airports. Under the test screening process, passengers passing through TSA security checkpoints are asked […]
Dollar on defensive after Fed minutes, euro resumes rise The dollar was on the defensive on Thursday after the Federal Reserve dialed down on some of the more hawkish policy expectations in the market, while the euro edged back up toward a 6-1/2-month high. Fed policymakers agreed they should hold […]
