Shares mixed…Amazon rumors…German factory orders gain
BANGKOK (AP) – Share prices were mixed in Europe and Asia on Tuesday as cautious world investors awaited the outcome of the U.S. midterm elections. Futures pointed to a lackluster start on Wall Street. Benchmark U.S. crude slipped below $63 per barrel. The dollar rose against they yen and fell against the euro.
NEW YORK (AP) – Online leader Amazon Inc. refused comment Tuesday on reports that it plans to split its new headquarters between two locations, possibly in New York City and Arlington, Virginia. The Wall Street Journal and New York Times reported that the company would locate the new facilities in Arlington’s Crystal City area and in another city. Queens on Long Island in New York appears a likely choice, but the Wall Street Journal said Dallas, Texas, was also in discussions.
BERLIN (AP) – German factory orders edged up unexpectedly in September, pushed higher by demand from inside the country and elsewhere in the 19-nation eurozone. The Economy Ministry said Tuesday that orders were up 0.3 percent compared with the previous month, following a 2.5 percent rise in August. Economists had expected a 0.5 percent decline.
TOKYO (AP) – Toyota Motor Corp. reported a 28 percent surge in its net profit in the last quarter, helped by growing sales in Europe, Asia and the Americas, and raised its earnings forecast for the full year. The top Japanese automaker said Tuesday that its July-September profit totaled 585.1 billion yen ($5.2 billion), up from 458.3 billion yen the year before. Quarterly sales rose 2 percent to 7.31 trillion yen ($64.7 billion).
BEIJING (AP) – With a jar of human feces on a podium next to him, billionaire philanthropist Bill Gates has kicked off a “Reinvented Toilet” Expo in China. The former CEO of software giant Microsoft said Tuesday that the technologies on display at the three-day expo in Beijing represent the most significant advances in sanitation in nearly 200 years. More than 20 companies and academic institutions are exhibiting new toilet technologies, from self-contained toilets to a small-scale, self-powered waste treatment plant.