Rolls-Royce sees demand for a new mid-market jet
PARIS (Reuters) – Engine maker Rolls-Royce believes there is a market for a new mid-priced jet such as the one Boeing is currently exploring and would consider working with Boeing on it, an executive said on Friday.
BOJ upgrades view on consumption, rules out early exit from stimulus
TOKYO (Reuters) – The Bank of Japan kept monetary policy steady on Friday and upgraded its assessment of private consumption for the first time in six months, signaling its confidence in an export-driven economic recovery that is gaining momentum.
BHP names packaging guru MacKenzie as new chairman
SYDNEY/MELBOURNE (Reuters) – Mining giant BHP on Friday named successful packaging executive Ken MacKenzie as its next chairman, handing him the job of tackling calls to dump its oil business and overhaul the board.
Former Oracle board member dogged by links to China-backed chip deal
SAN FRANCISCO/NEW YORK (Reuters) – As the ultimate corporate insiders, board members are presented with plenty of opportunities to cash in on their sector knowledge and connections.
Global stocks reboot after another tech sell-off
LONDON (Reuters) – World shares steadied on Friday after selling in the tech sector triggered their biggest fall in over a month, while the yen slid to a two-week low as the Bank of Japan signaled its stimulus was staying in place.
Trading in Takata shares to be suspended: Japan Exchange Group
TOKYO (Reuters) – Trading in shares of Japanese air bag maker Takata Corp will be temporarily suspended on Friday, following media reports that the company is preparing to file for bankruptcy, said Japan Exchange Group, which operates Tokyo Stock Excha…
Is the Fed ready to consider lifting its inflation target?
WASHINGTON (Reuters) – Years of tepid economic recovery have Fed Chair Janet Yellen and other central bankers considering what was once unthinkable: abandoning decades-long efforts to hold inflation down and allowing price expectations to creep up.
Not yet Amazon Prime time: Australia retail sell-off overblown?
SYDNEY/SAN FRANCISCO (Reuters) – Since Amazon.com Inc said in late April it would bring its Marketplace for third-party sellers to Australia, shares of leading bricks-and-mortar retailers have tumbled on fears their growth prospects would be hit.
Wal-Mart may beat Amazon’s sales growth in back-to-school season: NPD
(Reuters) – Wal-Mart Stores Inc’s online sales is likely to grow double than Amazon.com Inc during the back-to-school season, helped by the Jet.com acquisition and competitive price offerings, industry research body NPD said.
Booz Allen Hamilton says DOJ investigating its accounting practices
(Reuters) – The U.S. Department of Justice is investigating some of the ways Booz Allen Hamilton Holding Corp , one of the largest consulting firms in the world, charges the government for services and accounts for costs, the company said in a filing …
