Jaguar launches Slovak plant and sees a production of 100,000 by 2020

NITRA, Slovakia (Reuters) – British carmaker Jaguar Land Rover (JLR) (TAMO.NS) expects an annual production of 100,000 cars at its plant in Slovakia by 2020, said the CEO of the…

Oil prices fall when stock markets fall

LONDON (Reuters) – Oil prices fell on Thursday as Asian and European stock markets tumbled in 2011 as Wall Street's largest daily decline plummeted and investors took risks in an…

WPP shares crash in the post-Sorrell era

LONDON (Reuters) – WPP (WPP.L) lost a fifth of its market value on Thursday, after a sharp slowdown in its creative agencies in New York and London reduced its sales…

Hyundai Motor posts big gains on US callbacks; Shares fall

SEOUL (Reuters) – Hyundai Motor Co. (Reuters)005380.KSThird-quarter earnings fell a staggering two thirds on Thursday. He was hit by a $ 440 million one-time fee related to US callbacks and…

Bill Ackmans Pershing Square buys Hilton shares

(Reuters) – Investor William Ackman of Pershing Square Capital Management has acquired a 3.7 percent interest in hotel operator Hilton Worldwide Holdings, the fund said Thursday. FILE PHOTO: William Ackman,…

ScS Group will discontinue selling through House of Fraser Stores by the end of January

(Reuters) – ScS Group Plc (SCSS.L), said on Thursday that it would stop selling bespoke sofas, furniture and flooring in stores run by the collapsed UK department store group House…

Vivendis Canal + supports African TV dramas as Europe sells

ABIDJAN (Reuters) – In a muddy back street in Abidjan, Alex Ogou leads his young cast in a TV drama about gangsters in Ivory Coast, which French media giant Vivendi…

WPP reduces prospects after falling short of rivals in the US and the UK

LONDON (Reuters) – WPP (WPP.L) lowered full-year sales and earnings guidance as the ad agency's major creative agencies in North America and the UK fell short of rivals, forcing the…

Exclusive: 2-DEER: China's HNA Group is seeking buyers for $ 300 million "Dream Jet" sources

(Reuters) – The Chinese conglomerate HNA Group has launched its luxurious $ 300 million Boeing (BAN787 corporate "Dream Jet" with the registration "2-DEER", six aviation industry sources say that are…

Daimler hit by Germany slump, CEO forecasts high demand in the fourth quarter

FRANKFURT (Reuters) – Daimler (DAIGn.DECEO Dieter Zetsche said on Thursday that customer demand remains strong, even though regulatory intervention in diesel vehicles and a 13 percent decline in sales of…