REUTERS/Kai Pfaffenbach Inflation in the eurozone stayed pretty much flat in July, lingering just above zero. The latest figures show consumer prices up 0.2%, while core prices rose 0.9%. The core figure measures inflation but strips out particularly volatile items like food and energy prices. Analysts were expecting inflation of 0.2% year-on-year and core inflation […]

Thomson Reuters A woman holding her umbrella walks past an advertisement poster for Sharp Corp’s Aquos outside an electronics shop in Tokyo TOKYO (Reuters) – Japan’s Sharp Corp on Friday announced it was exiting the TV business in the Americas to shore up its finances, after booking a deeper-than-expected quarterly loss on weak smartphone display […]

Flickr/chuckthewriter WASHINGTON (Reuters) – General Electric is taking steps to shift some U.S. manufacturing work overseas now that the U.S. Export-Import Bank will be shuttered at least until September, the industrial giant’s global operations boss told Reuters on Thursday. GE Vice Chairman John Rice said the conglomerate is bidding on over $ 10 billion worth […]

REUTERS/Lucas Jackson Paul Singer. Billionaire hedge fund manager Paul Singer, the founder of Elliott Management, is going after people who have shared his investor letters with “unauthorized” people. Singer has “learned the identities of certain individuals who breached their confidentiality obligations”, according to a recent letter obtained by Wall Street Journal’s Juliet Chung, Hedge fund managers […]

MotorAuthority This morning, the Insurance Institute for Highway Safety released crash test scores for the new, aluminum-bodied 2015 Ford F-150 pickup. Among the results, there’s good news and bad news for fans of America’s best-loved vehicle. First, the good news: IIHS says that the F-150′s new aluminum body provides just as much crash protection as […]

The UK’s stock market jumped a little today. The FTSE 100 jumped at the open and pretty much stayed there, closing up 0.57%, or 38 points to 6,668.87. Google The share index was boosted by Royal Dutch Shell, which climbed 4% on news it was shedding 6,500 jobs to cut costs.  Shares in Rolls-Royce rose more than […]