Business
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Toyota to add solar panels to Prius hybrid: Nikkei
(Reuters)
Reuters - Toyota Motor Corp (7203.T) plans to install solar panels on its next-generation Prius hybrid cars, becoming the first major automaker to use solar power for a vehicle, the Nikkei business daily reported on Monday.
Read Toyota to add solar panels to Prius hybrid: Nikkei (Reuters) (Links)
AP - China's premier called for continued vigilance against inflation that has reached 12-year highs, saying the government should ensure that price increases are "acceptable," a state-run news agency reported Sunday.
Read China premier: Continue inflation fight (AP) (Links)
Is capitulation on the cards?
(Reuters)
Reuters - Profit warnings, breaches of key index levels, record oil prices, stressed consumers and investors seeking safety provide the background for markets this week, and many people are wondering how long this will all last.
Read Is capitulation on the cards? (Reuters) (Links)
Reuters - The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in Sun Valley, Idaho, next week.
Read Economy casts pall on Sun Valley media fest (Reuters) (Links)
Hyundai cuts, Kia lifts domestic sales target
(Reuters)
Reuters - Hyundai Motor Co (005480.KS), South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy.
Read Hyundai cuts, Kia lifts domestic sales target (Reuters) (Links)
Auto sector woes could spur deals: Renault CEO
(Reuters)
Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.
Read Auto sector woes could spur deals: Renault CEO (Reuters) (Links)
Postbank sale may fail over target price: report
(Reuters)
Reuters - The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday.
Read Postbank sale may fail over target price: report (Reuters) (Links)
Reuters - The situation on the oil market is likely to ease in 2009/2010 as more production comes on-stream, then tighten again through 2013 as output falls and demand rises, the head of the International Energy Agency said.
Read IEA sees oil easing, then tightening to 2013: report (Reuters) (Links)
Reuters - The U.S. State of Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources.
Read Alabama likely site of new VW plant: paper (Reuters) (Links)
Smooth sailing for yacht builders despite economy
(AP)
AP - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.
Read Smooth sailing for yacht builders despite economy (AP) (Links)
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