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Chinese trainmakers set to go head to head for California deal

SHANGHAI (Reuters) – China’s CSR Corp Ltd is keen to supply high-speed trains to California, a company official said, in a move that will pit the trainmaker against domestic rival China CNR Corp Ltd. China has made no secret of … Continue reading

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Asia stocks hobbled by growth anxiety, China PMI fails to impress

TOKYO (Reuters) – Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets. Japan’s Nikkei share … Continue reading

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Finland’s Nokia beats market expectations in third-quarter

HELSINKI (Reuters) – Finland’s Nokia on Thursday beat market expectations as it reported strong third-quarter profit growth and lifted the profitability outlook for its core network unit on the back of network roll-outs in North America and China. The network … Continue reading

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Tesco scraps profit outlook as accounting black hole deepens

LONDON (Reuters) – Tesco reported a bigger than expected hole in its accounts on Thursday after finding mistakes in booking income had gone back further than initially thought, forcing Britain’s biggest grocer to scrap its full-year profit outlook. Tesco, which … Continue reading

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Man arrested after jumping White House fence, causing lockdown

WASHINGTON (Reuters) – A man jumped the White House fence on Wednesday evening and was attacked by Secret Service dogs before being arrested, a Secret Service spokesman said. “Dogs got him,” spokesman Edwin Donovan said, referring to the intruder. He … Continue reading

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Eight Pakistani Shi’ites killed in sectarian attack

QUETTA Pakistan (Reuters) – Eight Shi’ite members of Pakistan’s ethnic Hazara minority were killed and one wounded on Thursday, when gunmen opened fire on a bus in the volatile province of Baluchistan, police said. No one immediately claimed responsibility. Lashkar-e-Jhangvi, … Continue reading

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U.S.-led air strikes killed 553 fighters, 32 civilians in Syria: monitor

BEIRUT (Reuters) – Air strikes by U.S.-led forces have killed 553 Islamist fighters and 32 civilians during a month-long campaign in Syria, a monitoring group which tracks the violence said on Thursday. The Britain-based Syrian Observatory for Human Rights said … Continue reading

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Canada PM vows crackdown after capital shocked by fatal attacks

OTTAWA (Reuters) – Canadian Prime Minister Stephen Harper vowed to redouble the country’s fight against “terrorist organizations” abroad after a reported convert to Islam rampaged through parliament, shocking the usually tranquil capital city. Shortly after a gunman shot dead a … Continue reading

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U.S. inflation muted in September as energy costs drop

WASHINGTON (Reuters) – U.S. consumer prices rose marginally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while. The Labor Department said on Wednesday its Consumer Price … Continue reading

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Boeing profit jumps 18 percent; raises 2014 earnings view

(Reuters) – Boeing Co (BA.N) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business. But shares of the … Continue reading

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