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China launches $11 billion fund for Central, Eastern Europe

China has set up a 10 billion euro ($11.15 billion) investment fund to finance projects in Central and Eastern Europe, Industrial and Commercial Bank of China said in a statement issued on Sunday. The China-Central Eastern Europe fund will

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China launches $11 billion fund for Central, Eastern Europe

Mexico peso jumps after FBI clears Clinton over emails ahead of election

Mexico's peso jumped on Sunday after the FBI announced it stood by a previous decision to not charge Democratic candidate Hillary Clinton over emails related to her private server, a decision that comes just two days before the election. The peso , which has been hit by the rise of Republican candidate Donald Trump and his policies that are seen hurting Mexico's economy, extended gains to rise 2.25 percent…

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Mexico peso jumps after FBI clears Clinton over emails ahead of election

Algeria says confident OPEC members will stick to Algiers output deal

Algeria's Energy Minister Nouredine Bouterfa said on Sunday he was confident OPEC members would stick to a deal made in Algiers in September to cut output, saying the group's technical committee was working on applying the deal. “There will be no return on the Algiers agreement. The high-level technical committee is working

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Algeria says confident OPEC members will stick to Algiers output deal

After $195 million in talc verdicts, J&J strives to change court

After a $67.5 million jury verdict against Johnson & Johnson on Oct. 27 marked its third straight trial defeat in an onslaught of lawsuits claiming its talc-based products cause ovarian cancer, the company is hoping to reverse the …

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After $195 million in talc verdicts, J&J strives to change court

Dollar rallies against yen, euro as FBI clears Clinton

TOKYO/SYDNEY (Reuters) – The dollar jumped early on Monday after the FBI said a review of newly discovered emails did not change the agency's conclusion that no charges were warranted in the case of Democrat Hillary Clinton's use of a private email server. Markets have tended to see U.S. presidential

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Dollar rallies against yen, euro as FBI clears Clinton

Corolla, Toyota’s car for the masses, turns 50

This weekend marks the 50th anniversary of the Toyota Corolla, one of the world's best-selling cars. Since the first model went on sale in Japan on Nov. 5, 1966, some 44.3 million Corollas have been sold globally through the end of September, including the Corolla Fielder station wagon and other variants, the Japanese automaker says. Here are some milestones along the way and where it stands today.   CAR FOR THE MASSES In the late 1950s, as Japan&#…

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Corolla, Toyota’s car for the masses, turns 50

Taco Bell to hire 100,000 as part of U.S. expansion

Taco Bell, which operates about 7,000 restaurants in the United States, generated revenue of about $2 billion in 2015. Taco Bell's U.S. expansion follows its plans to grow its international store base to 1,000 restaurants by 2022. The planned hiring and expansion efforts come on the heels of Yum Brands' spinoff of its China operations, the company's top profit generator, into a separate unit called Yum China Inc earlier this

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Taco Bell to hire 100,000 as part of U.S. expansion

Samsung America says it has replaced most recalled Galaxy Note 7s

(Reuters) – Samsung Electronics America said on Friday it has replaced nearly 85 percent of all recalled Galaxy Note 7 devices as it works to resolve the issue of fire-prone phones. South Korean parent company Samsung Electronics Co Ltd announced the global recall of at least 2.5 million Note 7s in early September following numerous reports of the smartphones catching fire. Samsung will be releasing a software update in the coming days to limit the phone's ability

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Samsung America says it has replaced most recalled Galaxy Note 7s

Berkshire profit falls 24 percent, keeps Wells Fargo stake

Berkshire is Wells Fargo's largest shareholder. Quarterly net income for Omaha, Nebraska-based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to

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Berkshire profit falls 24 percent, keeps Wells Fargo stake

Alphabet’s unit discloses Snapchat investment

(Reuters) – Alphabet Inc's venture capital arm CapitalG, earlier known as Google Capital, disclosed an investment in Snapchat by adding the social networking firm's logo to a page on its investment portfolio website. CapitalG has not made a formal announcement and it was not clear when Google made the investment. The …

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Alphabet’s unit discloses Snapchat investment

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