Elan voluntarily dismisses U.S. lawsuit against Royalty
NEW YORK (Reuters) – Irish drug firm Elan Corp Plc voluntarily dismissed its U.S. lawsuit against Royalty Pharma , the U.S. investment firm which increased its offer to take over Elan last week, a court filing showed on Monday.
Airbus A400M delivery could slip into July: sources
PARIS (Reuters) – The first delivery of the Airbus A400M, Europe’s new military airlifter, could slip beyond its second-quarter target date and take place in July, industry sources said.
GM to swap U.S. manufacturing chief to new job amid truck launch
DETROIT (Reuters) – General Motors Co said on Monday it is switching its head of North American manufacturing to a new position now that the U.S. automaker has begun building new versions of its highly profitable full-size pickup trucks.
US Airways executives to hold most top posts at new American
(Reuters) – The new American Airlines will be run largely by the current management of US Airways Group when the carriers merge to form the world’s largest airline.
Exclusive: EU regulators to clear Delta, Virgin deal unconditionally – sources
BRUSSELS (Reuters) – Delta Air Lines is expected to secure unconditional European regulatory approval to buy a 49 percent stake in Virgin Atlantic, allowing it to compete better with rivals in the lucrative transatlantic market.
Dish Network says due diligence on Sprint is ongoing
(Reuters) – Dish Network Corp on Monday said it was still doing due diligence on Sprint Nextel Corp , for which it made an unsolicited $25 billion offer in April.
Italian tax authorities probe Glencore’s Sardinia plant
MILAN (Reuters) – Swiss commodities trader Glencore said on Monday Italian tax authorities were investigating some transactions involving its plant in Sardinia.
Fitch warns on risks from shadow banking in China
FRANKFURT (Reuters) – China’s unregulated shadow banking sector poses an increasing risk to the country’s financial stability that could spread to other countries, credit rating agency Fitch said on Monday.
Google finalizing $1.3 billion deal for mapping company Waze: source
SAN FRANCISCO (Reuters) – Google Inc is finalizing a deal to acquire online mapping company Waze for $1.3 billion, according to a source familiar with the matter.
GM mulls moving Opel Mokka from Korea to Spain: report
FRANKFURT (Reuters) – General Motors is considering moving a large share of the production of the Mokka model for its European arm Opel from South Korea to Spain, German paper Handelsblatt reported, citing sources within the U.S. car maker.
