Airbus takes control of Bombardier CSeries in rebuff to U.S. threat
MONTREAL/TOULOUSE, France (Reuters) – Airbus has agreed to take a majority stake in Bombardier’s troubled CSeries jetliner program, securing the plane’s future and giving the Canadian firm a possible way out of a damaging trade dispute with Boeing.
Oil elevated as Iraq tensions escalate, Asian shares hold firm
TOKYO (Reuters) – Oil prices clung to this month’s high on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares held firm on optimism about upcoming earnings.
Kobe Steel faked quality data for more than 10 years: source
TOKYO (Reuters) – Kobe Steel Ltd falsified data on product quality and specifications longer than the 10 years that the company had previously stated, a source with knowledge of the matter said.
Airbus to take majority stake in Bombardier CSeries jet program
MONTREAL/PARIS (Reuters) – Airbus SE agreed on Monday to buy a majority stake in Bombardier Inc’s CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an unexpected …
Oil prices firm as Iraq tensions escalate, shares extend rally
TOKYO (Reuters) – Oil prices held firm on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares look set to extend their bull run on optimism about upcoming earnings.
Airbus to take majority stake in Bombardier C-Series jet program
MONTREAL/PARIS (Reuters) – Airbus SE said on Monday it would acquire a majority stake in Bombardier Inc’s CSeries program in a deal that the Canadian plane-and-train-maker said would boost sales and position the company strategically against a potent…
Procter & Gamble says Peltz loses board seat bid by around 6 million votes
(Reuters) – Procter & Gamble Co said on Monday that activist hedge fund manager Nelson Peltz had lost his bid to win a seat on the consumer goods company’s board by 6.15 million votes, according to its preliminary tally.
Airbus to take majority stake in Bombardier’s C-Series program
(Reuters) – Airbus SE said on Monday it would acquire a majority stake in Bombardier Inc’s C-Series passenger jet program.
Netflix adds more subscribers than expected, shares hit record
(Reuters) – Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television explodes globally.
Activist investor RBR launching campaign to break up Credit Suisse: FT
(Reuters) – Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG into three parts, the Financial Times reported on Monday.
