Newswire

  • Newswire

    Motor racing-Caterham keep Kobayashi for Singapore  

    SINGAPORE, Sept 17 (Reuters) - Japanese Formula One driver Kamui Kobayashi has kept his Caterham seat for Sunday's Singapore Grand Prix despite lingering uncertainty about his future at the struggling team. The 28-year-old was dropped for German debutant Andre Lotterer at last month's Belgian Grand Prix but returned for the Italian round at Monza after a late call-up. With his home Japanese Grand Prix following Singapore's night race, he can now expect to do at least the next two rounds....More
  • Newswire

    UPDATE 1-European car sales rise, helped by Spanish subsidies  

    * European sales up with mass-market brands making gains * Big markets France, Italy, Germany flagging * Europe recovery dependent on incentives - executive (Adds comment from Hyundai, analyst, Italian car association) By Edward Taylor and Agnieszka Flak...More
  • Newswire

    BRIEF-Nokian Renkaat to adjust output in Finland  

    HELSINKI, Sept 17 (Reuters) - Nokian Tyres plc : * To adjust production output * Says car and car tyre sales have continued to decline in Russia and CIS countries * Says plans production downtime, possible changes in shift manning, productivity improvement, possible personnel cuts amount to maximum 9 persons (Reporting by Helsinki Newsroom)...More
  • Newswire

    BRIEF-Beijing WKW Automotive Parts gets regulatory approval for assets acquisition  

    Sept 17 (Reuters) - Beijing WKW Automotive Parts Co Ltd * Says gets regulatory approval for assets acquisition plan, shares to resume trading on Sept 18 Source text in Chinese: http://bit.ly/1yfZhOE Further company coverage: (Reporting by Hong Kong and Singapore newsrooms)...More
  • Newswire

    Fitch Menetapkan Peringkat Akhir Obligasi MPM di 'BB-'  

    (The following statement was released by the rating agency) SINGAPORE/JAKARTA/SYDNEY, September 17 (Fitch) Fitch Ratings telah menetapkan peringkat akhir 'BB-' untuk obligasi senior PT Mitra Pinasthika Mustika Tbk (MPM, BB-/Stabil) sebesar USD200 juta 6,75% jatuh tempo 2019. Surat hutang tersebut diterbitkan oleh MPM Global Pte....More
  • Newswire

    Fitch Assigns MPM's Notes 'BB-' Final Rating  

    (The following statement was released by the rating agency) SINGAPORE/JAKARTA/SYDNEY, September 17 (Fitch) Fitch Ratings has assigned Indonesia-based PT Mitra Pinasthika Mustika Tbk's (MPM, BB-/Stable) USD200m 6.75% senior notes due 2019 a final rating of 'BB-'. The notes are issued by MPM Global Pte. Ltd....More
  • Newswire

    Fiat says to issue Swiss franc-denominated bond  

    MILAN, Sept 17 (Reuters) - Italian auto group Fiat said on Wednesday it planned to issue a bond denominated in Swiss francs, subject to market conditions, in a "benchmark size for the Swiss market". The notes will be issued by Fiat Finance and Trade Ltd., a wholly-owned subsidiary of Fiat, under the Global Medium Term Note Programme guaranteed by the carmaker. (Reporting by Agnieszka Flak)...More
  • Newswire

    Poland - Factors to Watch Sept 17  

    Here are news stories, press reports and events to watch which may affect Poland's financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours): DATA Poland will release industrial output and PPI data for August on Wednesday at 12.00 GMT. Analysts polled by Reuters expect that the industrial output rose by 0.7 percent year-on-year, while producer prices fell by 1.6 percent. AZOTY...More
  • Newswire

    Europe new car registrations rise 1.8 pct in August - ACEA  

    FRANKFURT, Sept 17 (Reuters) - Car sales in Europe rose 1.8 percent in August with volume makers Volkswagen, Ford and Opel benefiting from improved demand in Spain, Portugal and Ireland, while premium makers lost ground due to a drop in sales in Germany. New passenger car registrations in the European Union (EU) and the countries of the European Free Trade Area (EFTA) rose to 701,118 vehicles in August, from 688,464 in the year-earlier period, data from the Association of European Carmakers (ACEA) showed....More
  • Newswire

    German stocks - Factors to watch on Sept 17  

    FRANKFURT, Sept 17 (Reuters) - The following are some of the factors that may move German stocks on Wednesday: DEUTSCHE BANK The state of Virginia said on Tuesday that it sued Deutsche Bank and 11 other banks, accusing them of defrauding the state's retirement fund by selling it shoddy mortgage bonds in the run-up to the recent financial crisis....More
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