Rolls-Royce working with ANA after 787 engine problem
LONDON (Reuters) – Britain’s Rolls-Royce said it was working with Japan’s All Nippon Airways after the airline was forced to scrap a Dreamliner flight following an engine problem.
Analysis: Raising prices easier said than done for U.S. companies
NEW YORK (Reuters) – Walt Disney Co last week hiked single-day admission prices at its U.S. theme parks by up to 9.6 percent, the fifth increase since 2009. But other U.S. companies might want to think twice before following suit.
Best days for Toyota’s U.S. market share look over for now
NAGOYA, Japan (Reuters) – Toyota Motor Corp said it is unlikely to recapture its peak market share it held four years ago in the United States, its biggest market, the latest sign the Japanese carmaker is shifting from aggressively expanding sales to i…
Glencore boosts board with former Morgan Stanley boss
LONDON (Reuters) – Glencore Xstrata has appointed former Morgan Stanley boss John Mack as an independent director, bringing in a Wall Street heavyweight as it rebuilds the board of the recently merged company.
Carlyle seeks to raise upto $4 billion for property fund: WSJ
(Reuters) – Private equity firm Carlyle Group is preparing to launch a U.S. real estate fund and hopes to raise as much as $4 billion, the Wall Street Journal reported, citing unnamed sources familiar with the matter.
Analysis: Asia’s ticking time bonds; Time to cut and run?
HONG KONG (Reuters) – Efforts to make the global financial system safer could be making Asia more – not less – vulnerable to any credit market shocks, leaving bond traders worried that a sharp selloff since late May could turn into a rout.
ISS backs SoftBank-Sprint deal after offer sweetened
(Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) has recommended Sprint Nextel Corp shareholders vote for SoftBank Corp’s revised offer, after the Japanese mobile operator sweetened its buyout terms.
Electric car maker Coda wins approval to sell assets to Fortress
(Reuters) – U.S. electric car maker Coda Automotive has won bankruptcy court approval to sell its assets for $25 million to a group of lenders led by Fortress Investment Group , a filing showed on Tuesday.
U.S. tech firms push for government transparency on security
SAN FRANCISCO (Reuters) – Three of the largest U.S. Internet companies called on the U.S. government to provide greater transparency on national security requests on Tuesday, as they sought to distance themselves from reports that portrayed the compani…
Volkswagen recalls almost 26,000 cars in Australia
CANBERRA (Reuters) – Automobile maker Volkswagen AG will recall almost 26,000 cars in Australia in response to potential gearbox problems, the company said on Wednesday, mirroring recalls already ordered in China, Singapore and Japan.
