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Toyota sees European sales marginally lower in 2015 Toyota sees European sales marginally lower in 2015 Toyota Motor Corp expects sales in Europe to fall slightly this year as higher deliveries in the western part of the region are unlikely to offset a sharp drop in Russia,
Deutsche Bank to cut about 23,000 jobs: Sources Deutsche Bank to cut about 23,000 jobs: Sources Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.
Airbus to open US jet production plant in a first Airbus to open US jet production plant in a first European jetmaker Airbus is taking its fight for a bigger market share to rival Boeing's backyard today, as it inaugurates its first production plant in the United States.
China seizes up to $157 bn of unspent local govt budgets: Sources China seizes up to $157 bn of unspent local govt budgets: Sources Angry Chinese authorities have seized up to 1 trillion yuan ($157 billion) from local governments who failed to spend their budget allocations, sources said, as Beijing seek ways to stimulate economic growth which is at its slowest for 25 years.
Alibaba shares could fall another 50%, says Barron's cover story Alibaba shares could fall another 50%, says Barron's cover story The reasons the weekly financial newspaper gave for the dour outlook: China`s struggling economy, increasing competition in e-commerce and more scrutiny of the company`s culture and governance.
Oil prices edge up after US drilling cut but oversupply still weighs Oil prices edge up after US drilling cut but oversupply still weighs US crude futures were trading at $44.86 per barrel at 0215 GMT, up 23 cents from their last settlement, pushed by a slight fall in drilling activity.
Asian shares edge up, brush off soft China data Asian shares edge up, brush off soft China data US stock futures rose 0.4 percent from late US levels in early Asian trade while Japan`s Nikkei rose 0.4 percent. MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.
China retail sales up 10.8% China retail sales up 10.8% Sales in rural areas rose 11.9 percent in August and 11.7 percent in the January-August period.
China economic growth sputters in August, more support measures seen China economic growth sputters in August, more support measures seen The downbeat data came on the heels of weak trade and inflation readings, raising the chances that third-quarter economic growth may dip below 7 percent for the first time since the global crisis. 
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