Newswire

  • Newswire

    Nikkei turns negative on suspected Ebola case, but health-related shares soar  

    * Nikkei reverses morning gains * Ebola-related shares boosted on suspected Ebola case * Test results expected by Tuesday morning By Thomas Wilson TOKYO, Dec 29 (Reuters) - Japan's Nikkei gave up early gains on Monday after the health ministry announced a suspected case of the deadly Ebola virus, dampening investor risk appetite but boosting health-related shares. The benchmark index was down 0.8 percent at 17,672.97 points by 0431 GMT, after advancing 0.4 percent in morning trade....More
  • Newswire

    Nikkei gains on strong Wall St; large-cap shares advance  

    * Japan, Inc earnings to boost market in 2015 - trader * Market heavy Fast Retailing, KDDI, Softbank rise * Weak yen helps exporters shares By Thomas Wilson TOKYO, Dec 29 (Reuters) - Japanese stocks advanced on Monday as further gains on Wall Street boosted appetite for riskier assets and buoyed investors' confidence in the outlook for equities in 2015....More
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    Germany plans electric car motorway charging stations - document  

    BERLIN, Dec 27 (Reuters) - Germany plans to expand the network of charging stations for electric cars across the country to help boost lacklustre demand, a Transport Ministry paper seen by Reuters showed. Chancellor Angela Merkel's government wants to bring 1 million battery-powered vehicles onto the roads of Europe's largest economy by the end of the decade....More
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    UPDATE 1-VW's Audi to step up investments in 2015-19 on models, plants  

    * Audi to invest 24 bln eur in 2015-19 * Spending to climb 2 bln eur vs previous budget * 70 pct of investment assigned to new models, technology (Adds detail from statement, CEO comment and background) BERLIN, Dec 27 (Reuters) - Volkswagen's flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German rival BMW as the world's largest luxury-car manufacturer....More
  • Newswire

    VW's Audi to step up investments in 2015-19 on models, plants  

    BERLIN, Dec 27 (Reuters) - Volkswagen's Audi luxury division said on Saturday it will increase spending on new models, plants and technology by 2 billion euros ($2.44 billion) to a record 24 billion euros over the next five years. Audi, which contributes 40 percent to operating profit at Europe's largest automotive group, said more than half of planned investments will be assigned to its two German factories in Ingolstadt and Neckarsulm, confirming a Reuters story....More
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    India working to fix e-commerce payments post-Uber case - c.bank governor  

    By Suvashree Choudhury MUMBAI, Dec 27 (Reuters) - U.S. taxi-hailing company Uber Technologies violated Indian regulations by "bypassing" rules when it used an overseas gateway to conduct transactions in the country, Reserve Bank of India Governor Raghuram Rajan said in a television interview. The central bank is working to set a legal framework for the use of advanced e-commerce technologies but in the meantime no one can treat the absence of a solution as an excuse to violate Indian rules, Rajan told NDTV television....More
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    Tesla's new Roadster to cover two-thirds more miles per charge  

    Dec 26 (Reuters) - U.S. electric car maker Tesla Motors Inc will relaunch its Roadster model with a new battery pack that will increase the distance the car can travel on a single charge by nearly two-thirds to more than 400 miles. The company's shares rose 2.8 percent to $228.44 in late afternoon trading on the Nasdaq. Tesla will demonstrate the enhanced range for the new Roadster in a drive from San Francisco to Los Angeles in the early weeks of 2015, the company said in a blog post. (http://bit.ly/13zLpRe)...More
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    FEATURE-In Cuba's sea of classic cars, the truly valuable are elusive  

    By Daniel Trotta HAVANA, Dec 26 (Reuters) - Luis Abel Bango spent seven years searching for his dream car, a 1957 Chevy Bel Air. He finally found it on Cuba's far western tip, buying it off the original owner for $7,000. "I went everywhere looking for what I wanted. Out in the provinces, central Cuba. I had to go to the end of the island to find this one," Bango said....More
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    VW's Audi aims to launch two electric vehicles by 2018-CEO in paper  

    FRANKFURT, Dec 26 (Reuters) - Volkswagen's premium Audi division aims to bring two purely electric vehicles to market by 2018 as it tries to catch up with rivals such as Tesla Motors and BMW. Audi's Chief Executive Rupert Stadler told German daily Frankfurter Allgemeine Zeitung (FAZ) in an interview to be published on Saturday that the launch of an electric sports car and a sports activity vehicle (SAV) were under way. An excerpt of the article was made available to Reuters on Friday....More
  • Newswire

    BRIEF-Ural'skiy zavod RTI announces liquidation of subsidiary  

    Dec 26 (Reuters) - Ural'skiy Zavod RTI OAO : * Announces liquidation of its subsidiary Bolshoy Dom LLC Source text: http://bit.ly/143SBGI Further company coverage: (Gdynia Newsroom)...More
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