| | Dollar hits six-week lows, euro zone periphery in vogue | LONDON (Reuters) - The dollar hit 6-week lows on Monday as recent weak U.S. data cast doubt on the pace of monetary tightening, while prospects for a new reforming government in Italy and better euro zone growth boosted the bloc's periphery. | | | | | VW's Scania truck alliance in focus as board meets: sources | BERLIN (Reuters) - Volkswagen will focus later this week on its long-standing ambition to become Europe's biggest truck manufacturer which could set the stage for the hiring of ex-Daimler executive Andreas Renschler, sources familiar with the matter said. | | | | | | BOJ to hold fire, keep upbeat economic view despite soft GDP | TOKYO (Reuters) - The Bank of Japan is expected to keep monetary policy steady on Tuesday and maintain its upbeat view on the economy, unfazed by recent signs of slower growth and suggesting that any additional stimulus will be some time away. | | | | | | Peugeot family approves draft Dongfeng deal: sources | PARIS (Reuters) - PSA Peugeot Citroen's founding family gave the go-ahead on Monday for a 3 billion euro ($4.1 billion) tie-up with China's Dongfeng that would draw a line under one of France's oldest industrial dynasties, sources said. | | | | | | Weak spending shows Japanese consumer doubts about Abenomics | TOKYO (Reuters) - Japanese consumers ended last year with a whimper instead of the bang many had expected, reinforcing a nagging worry that the prime minister's aggressive policies are struggling to find support among those key to its success. | | | | | | Spotify seeks to hire U.S. filings expert as bankers eye IPO | STOCKHOLM (Reuters) - Online music streaming service Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at as much as $8 billion. | | | | | | Soros cuts J.C. Penney, trims Herbalife, others follow | NEW YORK (Reuters) - Soros Fund Management, one of the hedge fund industry's most closely watched investors, trimmed its stakes in J.C. Penney and Herbalife late last year, marking a notable shift in course only months after buying into the companies. | | | | | | Vodafone lodges complaint over Telefonica in Spain | MADRID (Reuters) - Vodafone has lodged a complaint against Spanish rival Telefonica , alleging it is abusing its position in Spain to reduce competition for telecoms, Internet and television services. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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