Industrials

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Low oil prices spark caution for diverse U.S. manufacturers

Oct 20 - The shaky global economy already has pressured shares of diversified U.S. manufacturers, and many of these industrial companies face another worry: the drop in oil prices.

10:05pm BST

Shorter wait: China's M&A watchdog halves time taken to approve deals

HONG KONG, Oct 21 - China's M&A watchdog is getting much faster at approving both domestic and foreign deals, cutting legal costs for companies and marking a shift in the outlook of a regulator that has been a thorn in the side of bankers since its creation.

10:00pm BST

UPDATE 2-Toyota recalls 247,000 vehicles in U.S. over Takata air bags

DETROIT, Oct 20 - Toyota Motor Corp recalled 247,000 cars, SUVs and pickup trucks in the United States on Monday because of potentially defective front passenger air bag inflators from Japan's Takata Corp that can rupture and spray metal shrapnel, according to U.S. safety regulators.

9:55pm BST

UPS says U.S. rates to rise 4.9 pct as of Dec. 29

CHICAGO, Oct 20 - Package delivery company United Parcel Service Inc said on Monday that rates for its services within and between the United States, Canada and Puerto Rico will rise by an average of 4.9 percent as of the end of the year.

9:52pm BST

Canadian sues SEC to stop Herbalife insider trading case

NEW YORK, Oct 20 - A Toronto man accused by the U.S. Securities and Exchange Commission of insider trading related to Herbalife Ltd on Monday sued the federal regulator agency to stop it from pursuing its case.

9:30pm BST
Industrials
Reed Elsevier PLC 947.50p -0.58%
Rolls-Royce Holdings PLC 830.00p -0.24%
BAE Systems PLC 440.20p -0.83%

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