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Market - Chipotle: Prices going up

Chipotle`s burrito boom continues, but prices are going up

Friday, April 18, 2014  15:38


Market - Big banks lend to corporations over consumers

Lending was up in the first quarter, but that jump has hidden the fact that individuals are still having a tough time getting loans.

Friday, April 18, 2014  15:14


Business - Audi expects to sell half million cars in China this year

By Norihiko Shirouzu BEIJING (Reuters) - Volkswagen`s luxury division Audi plans to sell about half a million cars this year in China, the world`s biggest auto market, and raise the number of its Chinese dealers to 500 by 2017. The German automaker hopes its car sales will exceed 500,000 this year, executives told reporters on Friday before the Beijing auto show, which opens on Sunday. Foreign auto makers, such as General Motors Co and Toyota Motor Corp , and domestic players such as SAIC Motor Corp have been competing aggressively in China, where rising affluence is boosting car ownership. `This country has an increasing number of mega cities,` Audi Chief Executive Rupert Stadler said, naming Beijing, Shanghai and Guangzhou as examples.

Friday, April 18, 2014  14:16


Market - Wall Street`s spring break reading list

So what is Wall Street reading in its down time? Likely something from the annual list prepared for traders and bankers by David Lutz.

Friday, April 18, 2014  13:40


Business - US stock market ends higher as earnings pour in

Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn`t an easy ride up.

Thursday, April 17, 2014  23:07


Business - Wall Street Week Ahead: Spring fever brings hope for U.S. earnings

By Chuck Mikolajczak NEW YORK (Reuters) - Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market`s recent weakness in the dust. Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald`s and AT&T , are due to report earnings. They`ll be accompanied by highfliers like Netflix and Facebook, giving the first real cross-section of the state of corporate America as temperatures rise across the country and investors hope to put the cold weather behind them. Strategists will also be looking for clues on how badly China`s slowdown hits U.S. corporate results.

Friday, April 18, 2014  02:43


Market - Wealthy investors flock to fine art funds

Wealthy investors are piling into art investment funds, sending the value of international art sales soaring.

Friday, April 18, 2014  03:19


Business - BlackRock granted direct access to China`s financial markets

BlackRock , the world`s biggest asset manager, said it had been awarded a license to invest directly in China`s mainland capital markets, giving investors some access to its stock and bond markets. A Renminbi Qualified Foreign Institutional Investor (RQFII) license was given to BlackRock Asset Management North Asia Limited, the company said on Tuesday, and it will now apply for a quota to determine how much money it can invest. `China is an important investment destination for our clients globally as it undergoes a pivotal transformation, and gradually internationalizes its capital markets,` Marc Desmidt, head of strategic product management for Asia Pacific, said in a statement. The RQFII program is part of China`s move to liberalize its capital markets, improving two-way movement of investment money and allowing the yuan to trade more freely against other currencies.

Wednesday, April 16, 2014  15:59


Business - World economy on steady course at best, China a worry, polls show

The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed. Growth in the United States, the world`s largest economy, looks set to outpace its peers, with Japan and the euro zone still lagging and emerging markets - particularly Latin America - in for a challenging year. The poll results suggest that exuberance in financial markets, especially stock markets, may have been overdone in the past few years on expectations for a robust pick-up in global growth. With a few notable exceptions like Britain, developed economies are also showing scant evidence of an imminent and significant improvement in hiring, particularly so in the euro zone and the United States.

Wednesday, April 16, 2014  15:59


Business - Renewed Ukraine tension deals another blow to battered stocks

By Marc Jones LONDON (Reuters) - There was no let-up for bruised share markets on Monday as growing fears of a military conflict in Ukraine followed last week`s heavy sell-off on Wall Street, Tokyo and major European exchanges. Ukraine`s president threatened military action after pro-Russian separatists occupying government buildings in the east ignored an ultimatum to leave and another group of rebels attacked a police headquarters in the region. For financial markets that meant yet more uncertainty. Asian markets had conceded more ground overnight, and Europe followed suit with the pan-regional FTSEurofirst 300 down 0.4 percent as U.S. trading approached.

Monday, April 14, 2014  13:22

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