Chrysler sets terms of $3 billion loan refinancing
NEW YORK (Reuters) – Chrysler Group LLC set terms on a loan refinancing that will clear the way for Italy’s Fiat to buy the rest of the U.S. carmaker that it does not already own.
Vodafone moves for Kabel Deutschland in quad-play push
LONDON/FRANKFURT (Reuters) – British mobile firm Vodafone is pursuing Kabel Deutschland after having an initial 7.2 billion euro ($9.6 billion) bid proposal knocked back by Germany’s biggest cable operator, sources close to the matter said on Wednesday…
U.S. CEOs a bit more optimistic on economy, hiring: survey
(Reuters) – U.S. chief executives expect to hire more workers in the next six months and that sales will improve modestly, a tepid if slightly optimistic reading of the economy, a Business Roundtable survey has found.
Teva, Sun Pharma to pay $2.15 billion to settle Pfizer patent suit
(Reuters) – Pfizer Inc said Teva Pharmaceuticals Industries Ltd and Sun Pharmaceutical Industries Ltd would pay $2.15 billion to settle a patent suit related to its acid-reflux drug.
Yellen overwhelming favorite to replace Bernanke at Fed: Reuters poll
WASHINGTON (Reuters) – Janet Yellen, the Federal Reserve’s powerful vice chair, is by far the most likely candidate to replace Ben Bernanke when his second term at the helm of the U.S. central bank ends early next year, according to a Reuters poll of e…
Bank of England to give policy guidance once Carney takes over: Reuters poll
LONDON (Reuters) – Mark Carney will give markets guidance on monetary policy soon after he takes over as Bank of England governor next month, according to a Reuters poll that also predicted an end to asset purchases.
HP CEO sees possible 2014 revenue growth; shares up
NEW YORK (Reuters) – Hewlett-Packard Co Chief Executive Officer Meg Whitman said on Wednesday that revenue growth was “still possible” for the computer maker in its next fiscal year but that the performance of the overall PC market was a wild card.
EADS backs off goal of $10 billion in U.S. revenues by 2020
WASHINGTON (Reuters) – European aerospace and defense company EADS likely will fail to meet its goal of generating $10 billion in non-Airbus revenues in the U.S. market by 2020 unless it makes a big acquisition, the head of EADS North America said on W…
France digs in on culture before EU meeting on U.S. trade talks
PARIS/BRUSSELS (Reuters) – France is “extremely determined” to keep movies and digital media out of free trade talks between the EU and the United States, a government minister said on Wednesday, a stance that could block the start of negotiations.
Daimler rolls out new S-Class Mercedes and new production chief
SINDELFINGEN, Germany (Reuters) – Daimler’s latest Mercedes-Benz S-Class limousine rolled off the assembly line for the first time on Wednesday, coinciding with the first appearance of another important newcomer – the company’s head of production.