TAIPEI (Reuters) - Ford Motor is in talks with its partners to introduce indigenous brands in China, while it focuses on building up its own brand in the world's biggest auto market, its China chief said on Monday.
Reuters
HP and Oracle set for court clash over Itanium
(Reuters) - Lawyers for Hewlett-Packard Co and Oracle Corp will face off in court on Monday for opening statements in a bitter lawsuit over Oracle's decision to end support for HP's Itanium-based servers.
Acer says no plans to launch non-tablet devices on ARM
TAIPEI (Reuters) - Taiwan's Acer Inc said on Monday it would remain closer to U.S. chipmaker Intel, even though Microsoft also embraces rival ARM for its new Windows 8 operating system.
Europe mulls major step toward "fiscal union"
BERLIN/PARIS (Reuters) - When Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets, the idea seemed fanciful, a distant dream that would take years or even decades to realize, if it ever came to be.
French rogue trader Kerviel launches appeal
PARIS (Reuters) - Ex-trader Jerome Kerviel arrived in court on Monday to appeal against a three-year prison sentence for his role in France's biggest-ever rogue trading scandal, which cost French bank Societe Generale 4.9 billion euros ($6.1 billion).
Russian court to hear $13 billion lawsuit against BP
MOSCOW (Reuters) - A Russian court has ordered a new hearing into a $13 billion lawsuit brought against BP by minority shareholders in its Russia's venture, TNK-BP , over a failed deal between BP and Rosneft , a BP lawyer said on Monday.
Debt, property risks curb China stimulus firepower
BEIJING (Reuters) - Investors counting on China to repeat its huge 2008-09 stimulus to backstop global economic growth are failing to recognize Beijing's limited scope to deliver another major spending surge.
Risk-exposed Portugal sticks to tough bailout goals
LISBON (Reuters) - Portugal's budget targets for 2012 are ambitious but it has the capacity to hit them, its international lenders said on Monday, saying the recession-mired country's bailout program was on track despite being undermined by rising unemployment.
Stock index futures point to lower start
(Reuters) - Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.3 percent, while Dow Jones and Nasdaq 100 futures were 0.5 percent lower at 05:12 a.m. EDT (0912 GMT).
Scania CEO sees Europe truck market shrinking 10 percent
STOCKHOLM (Reuters) - Scania Chief Executive Leif Ostling, who will leave the position to join the board of majority-owner Volkswagen , told Reuters on Saturday he expects the European truck market to shrink by about 10 percent this year.
