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UPDATE 1-Nissan Q1 profit boosted by higher U.S., China sales  

(Adds details on vehicle sales) YOKOHAMA, Japan, July 28 (Reuters) - Nissan Motor Co's operating profit rose a higher-than-expected 13.4 percent in the April-June quarter on improved sales in the United States and China, its two largest markets, following a change in senior management overseeing U.S. operations. Nissan said on Monday its first-quarter operating profit was 122.6 billion yen ($1.20 billion), exceeding the 109.1 billion yen mean estimate of 12 analysts polled by Thomson Reuters I/B/E/S....More
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Proxy advisor Glass Lewis advises vote for Fiat cross-border merger  

MILAN, July 28 (Reuters) - Proxy adviser Glass Lewis has recommended that Fiat investors vote in favour of a cross-border merger of the Italian carmaker and its U.S. unit Chrysler, saying its benefits outweighed concerns over potential increase in voting power of its main shareholder....More
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BRIEF-RENK AG reports H1 net sales of EUR 216 mln  

July 28 (Reuters) - Renk AG : * Says order backlog as of June 30, 2014 Of Eur 651 MLn Vs. Eur 648 Mln As Of Dec. 31, 2013 * Says h1 net sales of eur 216 mln vs. eur 225 mln in h1 2013 * Says h1 net income eur 18 mln vs eur 19 mln year ago * Says h1 operating profit eur 26 mln vs eur 27 mln year ago * Source text-http://bit.ly/1rQ0dEf * Further company coverage...More
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Nissan Q1 profit rises, exceeds consensus as US sales improve  

YOKOHAMA, Japan, July 28 (Reuters) - Nissan Motor Co posted a 13.4 percent rise in April-June operating profit from a year earlier as Japan's second-biggest car maker saw improved sales in the United States after it changed senior management overseeing operations there. Nissan said on Monday that its first-quarter operating profit was 122.6 billion yen ($1.20 billion), exceeding the 109.1 billion yen mean estimate of 12 analysts polled by Thomson Reuters I/B/E/S....More
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BRIEF-China's Fuyao Glass H1 net profit up 24.4 pct, helped by auto glass sales  

July 28 (Reuters) - Fuyao Glass Industry Group Co Ltd * Says H1 net profit up 24.4 percent y/y at 1.05 billion yuan ($169.70 million) Source text in Chinese: http://bit.ly/1nxVsxP Further company coverage: ($1 = 6.1874 Chinese Yuan) (Reporting by Hong Kong and Singapore newsrooms)...More
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GM's Korean unit reaches tentative wage deal to avert strike  

SEOUL, July 28 (Reuters) - General Motors' South Korean unit reached a tentative wage deal with its labour union on Monday to stave off a potential strike at one of its key Asian production bases, a source who has direct knowledge of the matter told Reuters. GM Korea agreed to pay a combined 10.5 million Korean won ($10,200) in bonuses and incentives to each worker and raise the basic wage by 63,000 won, among other things, the person said....More
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TABLE-Nissan Shatai -Q1 group results  

Jul 28 (Reuters)- Nissan Shatai Co Ltd CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 3 months ended 3 months ended Year to Jun 30, 2014 Jun 30, 2013 Mar 31, 2015 LATEST YEAR-AGO LATEST RESULTS RESULTS FORECAST Sales 112.98 87.15 455.00 (+29.6 pct) (-20.0 pct) (-4.1 pct) Operating 1.86 l...More
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TABLE-Nissan Motor -Q1 group results  

Jul 28 (Reuters)- Nissan Motor Co Ltd CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 3 months ended 3 months ended Year to Jun 30, 2014 Jun 30, 2013 Mar 31, 2015 LATEST YEAR-AGO LATEST RESULTS RESULTS FORECAST Sales 2.47 trln 2.23 trln 10.79 trln (+10.4 pct) (+17.8 pct) (+2.9 pct) Operating 122.6...More
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UPDATE 1-South Africa's NUMSA union says some "development" in strike talks  

(Adds background) JOHANNESBURG, July 28 (Reuters) - There has been some development in talks between South Africa's striking NUMSA union and employers over a wage offer that could end a walkout in the metal and engineering sector, union leader Irvin Jim told SAFM radio on Monday. "Negotiations are give and take, so we've debated that with employers on Friday. There has been development on that front, which we're not revealing until we've presented to our members," Jim told the radio station....More
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South Africa's NUMSA union says some "development" in strike talks  

JOHANNESBURG, July 28 (Reuters) - There has been some development in talks between South Africa's striking NUMSA union and employers over a wage offer that could end a walkout in the metal and engineering sector, union leader Irvin Jim told SAFM radio on Monday. "Negotiations are give and take, so we've debated that with employers on Friday. There has been development on that front, which we're not revealing until we've presented to our members," Jim told the radio station....More
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