Volvo union meets Geely, no detail on financing
Union leaders at Ford Motor's Volvo car unit held their first talks with China's Zhejiang Geely Holding Group on Thursday but are still waiting to see Geely's financing plans for the Swedish carmaker.
Model Kate Moss criticized for skinny remark
Eating disorder campaigners criticized British model Kate Moss on Thursday for saying she backed the motto Nothing tastes as good as skinny feels, a slogan popular with pro-anorexia websites.
Iraq election impasse continues, veto contested
Iraqi lawmakers, failing to resolve differences over an election law, said they would meet on Saturday and send the law for approval as it stands, keeping on track plans for a January vote and a partial U.S. troop withdrawal later next year.
Daimler's Fuso sees 2009 vehicle sales halving
Mitsubishi Fuso, the Japanese unit of market leader Daimler Trucks, aims to weatherproof the company for smaller volumes in the future in order to steer clear of the losses it will book this year.
Suicide bomber kills 18 in Pakistan's Peshawar
A suicide bomber blew himself up outside a court building in Peshawar on Thursday, killing 18 people, officials said, in the latest of a series of attacks on the northwestern Pakistan city.
Exide to supply Toyota Highlander batteries in US
Exide Technologies has landed a deal to sell 105,000 more batteries a year to Toyota Motor Corp, deepening its relationship with the world's top carmaker and boosting the battery company's shares.
Fed officials play down impact of weak dollar
Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling.
Markets sink on bearish semi note, health insurers
U.S. stocks fell on Thursday, with all major indexes down more than 1 percent on weakness in the technology and health insurance sectors.
Geithner: Recovery not enough without reforms
U.S. Treasury Secretary Timothy Geithner said on Thursday that without sweeping financial regulatory reforms, economic recovery would not be enough to ensure U.S. strength and stability.
Nokia sees corporate interest for netbook
Top cell phone maker Nokia has seen growing interest among companies for its first netbook or mini-laptop, a company executive said on Thursday.
Daily Outlook - Nov 19
The dollar and inflation link; Weaker recovery expected; Sony sees profit for 2013
Williams-Sonoma profit beats; FY view raised
Williams-Sonoma Inc posted a higher-than-expected quarterly profit and raised its full-year outlook on Thursday as the home-goods retailer's cost-cutting and merchandising efforts bore fruit.
Asia helps feeble West in global recovery -OECD
Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialised countries, the OECD said on Thursday.
Swiss watch Oct exports see slight pick-up
Demand for Swiss watches picked up slightly in October from the previous month as the pace of decline in exports slowed, pointing to a sluggish recovery reliant on sustained demand from Asia.
U.S. warns Iran of consequences over standoff
World powers could have a package of measures against Iran within weeks, U.S. President Barack Obama said on Thursday, warning Tehran of consequences for its failure to respond to an offer of a nuclear deal.
JPMorgan lands Cazenove in 1 bln pound buyout
JPMorgan Chase & Co. is beefing up in Europe by buying the half of Cazenove it does not already own in a deal valuing the 190-year old UK stockbroker at 2 billion pounds ($3.36 billion).
Karzai sworn in as Afghan leader; vows to fight graft
Veteran Afghan leader Hamid Karzai was sworn in as president on Thursday, pledging to fight graft and take control of his country's security before his five-year term ends, after a fraud-marred election left his image in ruins.
AXA says no change to AXA Asia Pacific offer for now
French insurer AXA said on Thursday that there was no change for now to its offer made with partner AMP for AXA Asia Pacific Holdings, despite speculation the bid may be raised.
CIBC eyes Allied Irish Banks' M&T stake -report
Canadian Imperial Bank of Commerce is interested in buying Allied Irish Banks' minority stake in U.S. lender M&T Bank Corp, the Irish Independent reported on Thursday.
India PM heads to U.S. in test of ties with Obama
India's prime minister and U.S. President Barack Obama meet next week to strengthen ties, with the emerging Asian power increasingly playing a bigger role on global issues such as climate change and trade.
Santander to launch 'free' UK bank account in 2010
Spain's Santander, the banking group which owns Britain's Abbey, Alliance & Leicester and Bradford & Bingley, will next year launch a no-fees current account, with no charges for overdraft use or access to foreign ATMs.
KBC to sell private equity unit in restructuring
Belgian banking and insurance group KBC will divest its private equity unit as part of the restructuring plan required in return for receiving state aid, a spokeswoman for the group said on Thursday.
Obama ready to help a non-nuclear North Korea
U.S. President Barack Obama said he was willing to help North Korea repair its economy and end decades of international isolation if Pyongyang stopped a cycle of threats and finally moved toward nuclear disarmament.
BofA Merrill cuts '10 global semiconductor growth view
BofA Merrill Lynch lowered its 2010 growth forecast for global semiconductor industry and downgraded ten chipmakers, including Intel Corp , turning more cautious on the group on expectations of a modest overshoot in global supply chain inventories.
Australian heatwave in carbon trade battle
Australia's government demanded on Thursday that conservative rivals stop opposing carbon trade laws, citing a heatwave searing the country's biggest cities as evidence of Australia's vulnerability to climate change.
Ukraine leader asks Kremlin to amend gas agreement
Ukrainian President Viktor Yushchenko on Thursday urged Russian President Dmitry Medvedev to change an agreement on supplies of Russian natural gas whose terms he said were too onerous for the Ukrainian economy.
Will Ferrell is Hollywood's most overpaid star: Forbes
Funnyman Will Ferrell and British actor Ewan McGregor on Wednesday headed a Forbes.com list of Hollywood's most overpaid stars when looking at the financial returns of their movies.
Regulation, suspicion slow U.S. flu response: hearin
Vaccine makers praised the U.S. response to the swine flupandemic on Wednesday but said regulatory delays and public suspicion have held up innovative ways to speed and stretch the U.S. influenza vaccine supply.
Premier Oil cuts 2009 production guidance
LONDON - Oil explorer Premier Oil Plc cut its production guidance for 2009 following a temporary loss of output at the Kakap field in Indonesia and maintenance work at its UK producing fields.
Study showing alcohol may cut heart risk under fire
Spanish research appearing to show that very heavy drinking can reduce men's risk of heart disease has come under fire from scientists who say the study is flawed and should not encourage anyone to drink more.