Newswire stories are accessible to registered WardsAuto users and those with Premium access. Register Now

Most Recent


BRIEF-Shanghai Kinlita Chemical, Axalta Coating's Singapore unit plan Shanghai JV  

Nov 21 (Reuters) - Shanghai Kinlita Chemical Co Ltd * Says signs letter of intent with Axalta Coating's Singapore unit to set up a JV in shanghai Source text in Chinese: Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)...More

Italy - Factors to watch on November 21  

The following factors could affect Italian markets on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on . POLITICS Cabinet meeting (0730 GMT). ECONOMY ISTAT releases October wage inflation data (0900 GMT). DEBT...More

BRIEF-Beiqi Foton Motor's unit to sell trucks to Indonesia's PT Organda Teluk Lamong  

Nov 21 (Reuters) - Beiqi Foton Motor Co Ltd * Says unit signs contract to sell 75 trucks to Indonesia's PT. Organda Teluk Lamong Source text in Chinese: Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)...More

Volvo says expects credit losses in China, to hit Q4 operating profit  

STOCKHOLM, Nov 21 (Reuters) - Truck and construction equipment maker Volvo said on Friday its operating profit in the fourth quarter would be negatively impacted by around 650 million Swedish crowns ($88 million) due to expected credit losses in China. "Following an extended period of declining demand, low machine utilization and lower raw materials prices, profitability for customers and dealers primarily in the Chinese mining industry has declined and their financial position has weakened," Volvo said in a statement....More

Romania - Factors to watch on Nov 21  

BUCHAREST, Nov 21 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Friday. PRESIDENTIAL ELECTION Romania's Constitutional Court MEETS to validate the outcome of a Nov. 16 presidential election, which saw centre-right mayor Klaus Iohannis defeat leftist prime minister Victor Ponta. DEBT TENDER...More

Nikkei edges up as PM clears way for election, but posts first weekly drop in 5 weeks  

TOKYO, Nov 21(Reuters) - Japanese stocks edged up on Friday after Prime Minister Shinzo Abe dissolved parliament's lower house in preparation for an election in which he will seek a fresh mandate for his struggling economic revival strategy. The Nikkei average recouped early losses to end 0.3 percent higher at 17,357.51 points. For the week, it fell 0.8 percent, the first weekly drop in five weeks. The broader Topix gained 0.2 percent to 1,400.18, while the JPX-Nikkei Index 400 rose 0.1 percent to 12,778.23. (Reporting by Ayai Tomisawa; Editing by Kim Coghill)...More

German stocks - Factors to watch on November 21  

FRANKFURT, Nov 21 (Reuters) - The following are some of the factors that may move German stocks on Friday: ECB, BANKS European Banking Congress in Frankfurt scheduled for 0800 GMT. Speakers to include European Central Bank President Mario Draghi, Bundesbank President Jens Weidmann, Deutsche Bank co-Chief Executive Juergen Fitschen and Commerzbank CEO Martin Blessing. Agenda: RWE...More

Affinity, MBK submit initial bids for S.Korea's KT Rental-source  

SEOUL, Nov 21 (Reuters) - Asian private equity firms Affinity Equity Partners and MBK Partners are among the initial bidders to buy South Korea's biggest car rental company KT Rental, a person with knowledge of the matter said on Friday. KT Corp, South Korea's second largest telecom company and the parent of KT Rental, put it up for sale in June in a deal expected to fetch around 600-800 billion won ($541-721 million)....More

Singapore to regulate taxi-booking apps Uber, GrabTaxi  

SINGAPORE, Nov 21 (Reuters) - Singapore said on Friday it plans to regulate fast-growing third-party taxi booking services like Uber and GrabTaxi for the first time, capping fees and requiring them to dispatch only licensed cabs and drivers. Under new rules to take effect in second-quarter 2015, operators of the increasingly popular services based on mobile phone applications will be required to register with Singapore's Land Transport Authority (LTA). The LTA said the fees charged by the booking services could not exceed those of regular taxi companies....More

WRAPUP 7-Takata exec warns about ability to fix deadly air bag flaw  

* Senators push Takata to expand recall across U.S. * Takata admits it may have a parts shortage * Federal regulator asks for increased penalties for industry (Adds Japan action, NHTSA stance on passenger-side air bags) By Eric Beech and Ben Klayman...More
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×