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Sneakers show limits of trade policy in reviving jobs for Trump

American companies from appliance makers to auto parts suppliers have lined up to offer a quiet caution to President-elect Donald Trump as he considers pulling the United States from trade deals: most lost manufacturing jobs aren’t coming back, but higher costs for consumers could.

Latest Auto News

Deals of the day-Mergers and acquisitions

Nov 21 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:

4:15pm EST
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Nissan to sell 41 percent stake in Calsonic Kansei to KKR: Nikkei

Nissan Motor Co will sell 41 percent of its stake in auto parts supplier Calsonic Kansei Corp to U.S. buyout firm KKR & Co , the Nikkei reported.

3:42pm EST

Nissan to sell 41 pct stake in Calsonic Kansei to KKR - Nikkei

Nov 22 Nissan Motor Co will sell 41 percent of its stake in auto parts supplier Calsonic Kansei Corp to U.S. buyout firm KKR & Co, the Nikkei reported.

3:39pm EST

Yaskawa sees short-term Brexit gain from lower labor costs

FRANKFURT Japanese robot maker Yaskawa Electric sees short-term benefits from Britain's decision to leave the European Union thanks to lower labor costs for the roughly 150 staff it employs in Scotland, it said on Monday.

12:11pm EST

Yaskawa sees short-term Brexit gain from lower labour costs

FRANKFURT, Nov 21 Japanese robot maker Yaskawa Electric sees short-term benefits from Britain's decision to leave the European Union thanks to lower labour costs for the roughly 150 staff it employs in Scotland, it said on Monday.

12:09pm EST
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Daimler expresses regret over Chinese parking row involving senior manager

BEIJING Daimler AG apologized on Monday for an incident in China that local media said involved a senior executive of the German luxury car maker making disparaging comments to people in a parking row.

11:47am EST

UPDATE 1-Daimler expresses regret over Chinese parking row involving senior manager

* Apologises for concerns raised by the incident (Adds further Daimler comment)

11:44am EST

Reuters Business News Schedule at 1330 GMT/08.30AM ET

British PM May says knows firms do not want "cliff edge" after Brexit

8:21am EST

Daimler expresses regret after China row involving senior executive

BEIJING, Nov 21 Daimler AG expressed regret on Monday for an incident in China that local media said involved a senior executive of the German luxury car maker making disparaging comments to people over a parking row.

7:29am EST

Germany's Schaeuble urges ECB to reverse policy

BERLIN, Nov 21 German Finance Minister Wolfgang Schaeuble called on the European Central Bank on Monday to start unwinding it expansive monetary policy, adding that such a reversal should be done cautiously.

6:46am EST
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Honda CEO says to stick with North American production plans for now

TOKYO Honda Motor Co. will stick with its North American production plans as it waits to see if U.S. President-elect Donald Trump will follow through on a campaign pledge to dump the North American Free Trade Agreement (NAFTA) when he takes office, the automaker's CEO said on Monday.

5:20am EST
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EU has no concerns yet about UK's Nissan deal, awaits details

BRUSSELS The European Union's competition chief said on Monday she did not see any concerns over a British assurance to Japanese carmaker Nissan related to Brexit, but that she was still waiting for details to have more clarity about the case.

4:54am EST

EU has no concerns yet about UK's Nissan deal, awaits details

BRUSSELS, Nov 21 The European Union's competition chief said on Monday she did not see any concerns over a British assurance to Japanese carmaker Nissan related to Brexit, but that she was still waiting for details to have more clarity about the case.

4:51am EST

UPDATE 1-Honda CEO says to stick with N.American production plans for now

* Honda CEO says unable to make sudden changes to production plans

3:28am EST

Honda CEO says to stick with Nth American production plans for now

TOKYO, Nov 21 Honda Motor Co. will stick with its North American production plans as it waits to see whether Donald Trump follows through on a campaign pledge to dump the North American Free Trade Agreement (NAFTA) when he takes office, the automaker's CEO, Takahiro Hachigo, said on Monday.

2:48am EST

PRESS DIGEST- British Business - Nov 21

Nov 21 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Nov 20 2016

DIARY-Malaysia 2016 corporate earnings

Following is a list of release dates for the quarterly earnings of some top Malaysia-listed companies. To submit a date, email: ananthalakshmi.as@tr.com TBD: To be determined Company RIC PERIOD DATE AirAsia Bhd Q3 Nov 24 AirAsia X Bhd Q3 Nov 22 AMMB Holdings Bhd Q2 Nov 17-21 Astro Malaysia Holdings Bhd Q3 Dec 6-13 Axiata Group Bhd Q3 Nov 24 British American Tobacco Q3 Oct 24 (Malaysia) Bhd CIMB Group Holdings Bhd Q3 Nov 19 DiGi.com Bhd Q3 Oct 19 Felda Global Ventures Q3 Nov 22 Holdings Bhd Genting Malaysia Bhd Q3 Nov 24-28 Genting Bhd Q3 Nov 24-28 Hong Leong Bank Bhd Q1 Nov 22 Hong Leong Financial Group Q1 Nov 22 Bhd IHH Healthcare Bhd Q3 Nov 24 IOI Corporation Bhd Q1 Nov 18 IOI Properties Group Bhd TBD Kuala Lumpur Kepong Bhd Q4 Nov 16 Malayan Banking Bhd Q3 Nov 24 MISC Bhd Q3 Nov 7 Petroliam Nasional Bhd Q3 Nov 16 Petronas Chemicals Group Bhd Q3 Nov 2 PPB Group Bhd Q3 Nov 23 Petronas Dagangan Bhd Q3 Nov 9 Petronas Gas Bhd Q3 Nov 3 Public Bank Bhd Q3 Oct 20 RHB Capital Bhd Q3 Nov 25-30 SapuraKencana Petroleum Bhd Q3 TBD Sime Darby Bhd Q1 Nov 25 Tenaga Nasional Bhd Q4 Oct 27 Telekom Malaysia Bhd Q3 Nov 25 UMW Holdings Bhd Q3 Nov 24-28 YTL Corporation Bhd Q1 Nov 24-28

Nov 20 2016
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Volkswagen CEO says sees case for building own battery factory: paper

FRANKFURT Europe's largest carmaker Volkswagen sees building its own factory to make electronic vehicle batteries as a logical move as it expands production of low-emission cars after its emissions scandal.

Nov 20 2016

Volkswagen CEO says sees case for building own battery factory - paper

FRANKFURT, Nov 20 Europe's largest carmaker Volkswagen sees building its own factory to make electronic vehicle batteries as a logical move as it expands production of low-emission cars after its emissions scandal.

Nov 20 2016