Jeff Walters: Don't ease up now in emerging markets

Thursday, 23 October 2014 06:00
STORY HIGHLIGHTSJeff Walters: Consumer class still growing rapidly in key emerging marketsGloomy economic reports miss that private consumption continues to riseMany innovative companies prosper from rapid growth of China's middle class Editor's note: Jeff Walters is a partner in The Boston Consulting Group's Beijing office and leads the firm's Center for Consumer and Customer Insight in emerging markets. The opinions expressed in this commentary are solely his. (CNN) -- Judging solely by the headlines, one…
Report: Airstrikes kill 553 in Syria, mostly ISIS
Thursday, 23 October 2014 05:59
STORY HIGHLIGHTSSyrian Observatory for Human Rights: 464 ISIS militants have been killed in airstrikesA month of coalition airstrikes in Syria has claimed 553 lives in total, the group says32 of those killed are civilians, including six children and five women, it saysISIS militants have taken control of the western outskirts of Kobani, the group says (CNN) -- A month of airstrikes in Syria by the U.S.
Belgium chocolate maker ISIS needs to change its name again
Thursday, 23 October 2014 05:59
BRUSSELS (Reuters) - Late last year, a Belgian chocolate maker changed its name from Italo Suisse, because the company no longer had any real association with either country. Now it's changing the name again - because the new name it picked was ISIS. ISIS, of course, is also the acronym derived from Islamic State in Iraq and Syria, the jihadist group that arose in the Syrian civil war and now has invaded parts of Iraq.…
Business activity improves in China, euro zone but little sign of turnaround
Thursday, 23 October 2014 05:59
By Jonathan Cable and Koh Gui Qing LONDON/BEIJING (Reuters) - Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived.
Nor'easter Slams East Coast, 40,000 Lose Power
Thursday, 23 October 2014 05:55
More than 40,000 customers were left without power after a Nor’easter slammed New Jersey, New York and New England with heavy rain and winds gusting up to 50 mph. The storm, which is expected to push north during Thursday and into the Canadian Maritimes on Friday, left 30,000 in darkness in Massachusetts, utilities said, and 10,000 in Long Island.
Canada Parliament shooting: How it unfolded
Thursday, 23 October 2014 04:59
STORY HIGHLIGHTSSources: Michael Zehaf-Bibeau was the suspected gunmanPrime Minister Stephen Harper calls the gunman a "terrorist"Cpl. Nathan Cirillo, a Canadian soldier, was shot and killed (CNN) -- Canadians feared this day, hoping it would never come but also knowing the odds probably weren't in their favor either. Not in this era of home-grown jihadists, Internet recruiting and terrorist organizations with international reach. On Wednesday, Canada lost its innocence as a gunman opened fire in the…
Canadian shooting: What we know -- and don't know
Thursday, 23 October 2014 04:59
(CNN) -- A day after a gunman killed an army reservist in the Canadian capital of Ottawa, many questions remain. Why did he shoot? Why did he target Nathan Cirillo? Is he connected to the the militant group ISIS? Here's a list of what we know -- and don't know -- in the Ottawa shooting. THE MOTIVE: 'Hero' Sergeant for shooting gunman
U.S. prosecutors probe Takata Corp over statements: WSJ
Thursday, 23 October 2014 04:58
NEW YORK (Reuters) - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp <7312.T> misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp <7203.T> and Honda Motor Co Ltd <7267.T>, The Wall Street Journal reported on Wednesday. Word of the investigation follows a notice on Tuesday from the U.S. auto regulator, the National Highway Traffic Safety Administration, which increased the number…
German survey props up European shares
Thursday, 23 October 2014 04:58
By Hideyuki Sano TOKYO (Reuters) - Asian shares sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets. Japan's Nikkei share average fell 0.4 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.3 percent. European shares look set to slide, with spreadbetters expecting France's CAC 40 to fall as much…
'Nashville' recap: The truth comes out
Thursday, 23 October 2014 04:58
Derek Hough and Hayden Panettiere share a moment on ABC's 'Nashville' (ABC/Mark Levine) (© 2014 American Broadcasting Companies, Inc. All rights reserved.) Juliette finally tells Avery about her pregnancy and it's a bit of a letdown. After weeks of close calls, big fights, theatrics and tears, she breaks the news in a two-line text message. It's a message he can’t even answer, as he’s fulfilling his community service requirements after last week's arrest.
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