GENEVA, March 1- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...» Read More
PARIS, Oct 1- Toyota Motor Corp expects to keep its sales in Russia at last year's levels despite a market slump there, helped by its focus on more downturn-resistant higher-end vehicles, a senior official said on Wednesday. "There is a lot of uncertainty in Russia... people are more reluctant to spend money; this is why the entry market is much more affected than the...
Oct 1- An experimental cholesterol-fighting drug being developed by Esperion Therapeutics Inc lowered LDL levels significantly more than Merck& Co Inc's Zetia in a midstage clinical trial, Esperion said on Wednesday. The LDL reductions seen with the once-daily ETC-1002 pill were somewhat less than can be achieved by more powerful statins, such as Pfizer...
BUENOS AIRES, Oct 1- Argentina's President Cristina Fernandez on Wednesday accepted the resignation of the central bank governor, a spokesman for the presidency said.
NEW YORK, Oct 1- The International Cotton Advisory Committee on Wednesday forecast depressed prices will continue even as the group reduced its outlook for record world inventories by the end of the 2014/ 15 crop year. "Given the predicted 1.8 million tonnes of surplus production and changes in China's cotton policy, prices are unlikely to rise to levels seen in...
TIOGA, N.D., Oct 1- North Dakota's oil producers will struggle to comply with aggressive rules taking effect on Wednesday designed to curb the wasteful burning of natural gas, hindered by lengthy federal reviews of crucial pipelines. Too few pipelines and a lack of plant capacity to prepare gas for transport means North Dakota flares enough natural gas in one...
LONDON/ BOSTON, Oct 1- Goldman Sachs Group Inc has bought a 10 percent stake in hedge fund Caxton Associates, its third investment for its recently launched Petershill II fund, two sources familiar with the move said on Wednesday. Caxton and Goldman Sachs were not immediately available for comment. In addition to Caxton, Goldman Sachs has made investments with...
NEW YORK, Oct 1- U.S. stocks dropped more than 1 percent on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors, economic data pointed to uneven growth, and the Russell 2000 index entered correction territory.
Jim Chanos' highly lucrative short of the Byzantine fraud at Enron in 2000 and 2001 is perhaps the archetype of the first school, a speculation with a more than satisfactory ending for him as the stock tumbled from the high double digits into bankruptcy protection as accounting chicanery came to light.
*Manufacturing data for France, Germany weighs on stocks. NEW YORK, Oct 1- Stock markets worldwide closed out the first day of the fourth quarter on a weak note on Wednesday, weighed by disappointing manufacturing data in Europe and the first confirmed case of Ebola in the United States.
Oct 1- Apple Inc's new mobile operating system iOS8 is causing significant issues for some users who connect their phones to cars via Bluetooth, reports Apple news blog MacRumors, citing reports on Apple's Support forums and its own user forums.
The Eurofighter jet, also known as Typhoon, was developed for four nations- Britain, Germany, Italy and Spain- which have so far taken delivery of 371 aircraft out of 472 on order. It is built by BAE Systems in Britain, by Airbus Defense& Space on behalf of Germany and Spain, and by Italian aerospace firm Finmeccanica.
Oct 1- A former executive at GSI Commerce Inc was sentenced on Wednesday to 15 months in prison for insider trading related to the 2011 takeover of the e-commerce company by online retailer eBay Inc..
BUENOS AIRES, Oct 1- Argentina's blue-chip stock index extended losses on Wednesday on market chatter the country's central bank governor, Juan Carlos Fabrega, had offered his resignation, two local traders said.
HARRISBURG, Penn., Oct 1- A Pennsylvania judge on Tuesday rejected the cash-strapped city of Scranton's bid to solve its municipal pension woes with a new commuter tax. Senior Judge John Braxton of Philadelphia, who heard the case in Lackawanna County Court of Common Pleas, said the city could not impose a commuter tax unless it levied the same tax on residents.
WASHINGTON, Oct 1- Faced with mounting pressure from competitors, top U.S. wireless carriers are expanding their data offerings to retain customers and preserve their bottom lines.
Oct 1- A new type of experimental cholesterol fighter being developed by Esperion Therapeutics Inc lowered LDL levels significantly more than Merck& Co Inc's Zetia in a midstage clinical trial, the company said on Wednesday.
Bertrand Badre, the chief financial officer, who has pushed much of the cost-cutting, received the bonus in "recognition of his skills," according to an internal World Bank blog seen by Reuters. World Bank spokesman David Theis said the bonus was justified given Badre's experience and strong track record at the bank.
NEW YORK- A futures broker has agreed to pay a $1.56 million penalty to settle claims that he manipulated wheat futures prices with fictitious sales in 2009, according to a court filing.
NEW YORK, Oct 1- U.S. stocks dropped more than 1 percent on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors, and the Russell 2000 index ended in correction territory.
The FCC is planning a so-called incentive auction for mid-2015, a complex sale of highly valuable low-frequency radio airwaves currently used by broadcasters to clamoring wireless carriers.