Newswire

  • Newswire

    German stocks - Factors to watch on February 10  

    FRANKFURT, Feb 10 (Reuters) - The following are some of the factors that may move German stocks on Wednesday: DEUTSCHE BANK Deutsche Bank is considering buying back several billion euros of its debt in an attempt to shore up the tumbling value of its securities, the Financial Times reported. DAIMLER...More
  • Newswire

    UPDATE 2-Australia's AGL Energy enters competitive batteries market with stake buy  

    * H1 underlying NPAT A$375 mln vs A$336 mln expected by analysts * H1 net loss A$449 mln vs A$308 mln net profit previous year * Makes $20 mln investment in U.S.-based Sunverge Energy * Origin, Telstra and others are also in batteries business (Recasts; adds analyst quote and market context) By Byron Kaye...More
  • Newswire

    Millennials are shifting car ownership model; ask Toyota  

    * Toyota to end Scion brand, re-badge as Toyota cars * Partly victim of millennials changing car buying habits * Younger buyers less "auto-centric" than previous generation * Asian auto exec sees return to one-car households By Norihiko Shirouzu...More
  • Newswire

    GM recalling 473,000 SUVs, pickups in North America for brake pedal problems  

    Feb 9 (Reuters) - General Motors Co said Tuesday it is recalling 473,000 pickups and SUVs in North America because brake pedals could fail due to a faulty nut. The Detroit automaker is calling back 426,573 2015-16 Chevrolet Silverado HD, GMC Sierra HD, and Chevrolet Tahoe police vehicles in the United States and 46,837 in Canada. GM says the brake pedal pivot nut may become loose, causing the brake pedal to be loose or inoperative. There are no reports of injuries or crashes....More
  • Newswire

    UPDATE 1-Daimler recalls 840,000 vehicles in U.S. for airbag concerns  

    (New throughout, adds details, background about other recalls) By David Shepardson and Edward Taylor WASHINGTON/FRANKFURT, Feb 9 (Reuters) - German automaker Daimler said on Tuesday it would recall 840,000 U.S. vehicles with Takata airbag inflators that could be defective, a step that would result in a charge of 340 million euros ($383.96 million)....More
  • Newswire

    What to Watch in the Day Ahead - Wednesday, Feb 10  

    (The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) Federal Reserve Chair Janet Yellen delivers semi-annual monetary policy testimony before the House Financial Services Committee in Washington in what will be her first major appearance of the year and since the Fed began raising rates....More
  • Newswire

    Daimler recalls 840,000 vehicles with potential airbag defects  

    FRANKFURT, Feb 9 (Reuters) - Daimler on Tuesday said it was taking a 340 million euros ($383.96 million)provision in its full-year 2015 results to cover the cost of recalling 840,000 vehicles with potential airbag defects. Daimler said it had been notified by the U.S. National Highway Traffic Safety Administration (NHTSA) that certain airbag models from the manufacturer Takata, which are also installed in Mercedes-Benz cars and Daimler vans, are potentially defective....More
  • Newswire

    Creditors in Kumho Tire appoint Credit Suisse to sell stake - sources  

    Feb 9 (Reuters) - Creditors in South Korea's Kumho Tire Co have asked Credit Suisse to work on a sale of their stake, the latest unit to come on the block from the former Kumho Asiana Group empire, three sources familiar with the situation said. Kumho Tire manufactures tyres for luxury sports car brands including Ferrari, McLaren Automotive and VW's Bugatti, as well as for trucks and SUVs. The company currently has a market capitalization of 1.07 trillion Korean won ($893 million)....More
  • Newswire

    UPDATE 1-Peers circle Volkswagen's large engines unit -sources  

    (Adds industry background, Chinese suitor) By Arno Schuetze and Georgina Prodhan FRANKFURT, Feb 9 (Reuters) - Volkswagen has received expressions of interest for a unit making engines used in ships or small power stations, as rivals sense an opportunity to get their hands on the asset as a result of the car maker's emissions scandal, several sources familiar with the matter said....More
  • Newswire

    BRIEF-Jantsa Jant buys equipment at 3.2 mln lira  

    Feb 9 (Reuters) - Jantsa Jant Sanayi ve Ticaret AS : * Buys equipment at 3.2 million lira ($1.09 million) from JMW Jant Sanayi Source text for Eikon: Further company coverage: ($1 = 2.9383 liras) (Gdynia Newsroom)...More
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Feb 9, 2016
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FCA 3.0L Diesel V-6 -- 2016 Award Acceptance

FCA accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

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