Planemakers risk order disruption as Etihad reviews strategy
DUBAI/PARIS/ABU DHABI (Reuters) – Airbus and Boeing are preparing for possible changes to dozens of plane orders from Middle East carrier Etihad Airways as it presses ahead with a company-wide review, four sources familiar with the matter said.
Apple and Buffett saw value, and acted
SAN FRANCISCO (Reuters) – Apple Inc was not the only one to leap on a chance to buy its stock at a fat discount last quarter as Warren Buffett stepped in to scoop up an additional 75 million shares for Berkshire Hathaway at the same time.
How a trade row may split the fortunes of two U.S. farm companies
NEW YORK (Reuters) – The threat of steep tariffs on soybeans, wheat and corn from an escalating U.S.-China trade dispute may decide the survivor among the two largest real estate funds in the hard-hit U.S. farm sector.
Air France says likely to run 85 percent of flights during May 7 strike
PARIS (Reuters) – Air France, facing deepening turmoil over a dispute with staff over pay, said on Sunday it expected to operate close to 85 percent of flights during strike disruptions on May 7.
French state not there to backstop Air France losses: minister
PARIS (Reuters) – The French government is not there to backstop losses at Air France , Finance Minister Bruno Le Maire said on Sunday, adding the carrier had not made enough efforts to stay competitive and was at risk of disappearing.
Bank of America’s loan to Remington tests its firearms pledge
WILMINGTON, Del./NEW YORK (Reuters) – Bank of America Corp is preparing to provide critical financing to Remington Outdoor Co, which makes assault-type rifles, just weeks after the U.S. bank said it would stop financing “military-style” firearms for ci…
Three-quarters Facebook users as active or more since privacy scandal: Reuters/Ipsos poll
NEW YORK/SAN FRANCISCO (Reuters) – Most of Facebook’s U.S. users have remained loyal to the social network despite revelations that a political consultancy collected information about millions of accounts without owners’ permission, a Reuters/Ipsos pol…
Bank of England to keep rates steady after market U-turn
LONDON (Reuters) – The Bank of England looks set to keep interest rates on ice this week, capping a sharp swing in the outlook for the British central bank, which might now struggle to convince investors that it will raise borrowing costs at all this y…
Venezuela brings Zerpa, sanctioned by U.S., back to PDVSA
CARACAS (Reuters) – Venezuela’s government has named Simon Zerpa, who was sanctioned by the United States last year, as an external director of state oil company PDVSA [PDVSA.UL] while confirming General Manuel Quevedo as the firm’s president, the comp…
Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested he would buy even more shares at the right price.
