Austria to sue Airbus over suspected Eurofighter fraud: APA news agency
VIENNA (Reuters) – Austria’s defense ministry is set to file a lawsuit against Airbus accusing the planemaker of wilful deception and fraud linked to a 2 billion euro ($2.1 billion) order for Eurofighter jets in 2003, APA news agency said on Thursday….
Argentina’s rising grains production strands vessels in river traffic
ROSARIO, Argentina (Reuters) – When a boat carrying soy oil destined for India ran aground on the Parana River near Buenos Aires in late January, ships loaded with most of Argentina’s grains exports were blocked for hours.
Atomico closes $765 million tech venture fund, Europe’s biggest
FRANKFURT (Reuters) – Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed Europe’s largest standalone tech venture fund, a $765 million war chest that reflects the region’s growin…
Workers at Boeing’s South Carolina plant reject union
SEATTLE/NORTH CHARLESTON, S.C. (Reuters) – Boeing Co handily defeated a union drive by workers at the company’s aircraft factory in South Carolina on Wednesday, as almost three-quarters of workers at the plant who voted rejected union representation.
BOJ’s Kuroda warns low rates may sow seeds of new financial crisis
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could sow the seeds of a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by maj…
U.S. Labor Dept nominee Puzder withdraws, in blow to Trump
WASHINGTON (Reuters) – In a blow to President Donald Trump as he tries to assemble his administration, his nominee for labor secretary, Andrew Puzder, withdrew his name from consideration on Wednesday amid concerns that he could not garner enough Senat…
SoftBank to buy Fortress Investment for $3.3 billion
TOKYO (Reuters) – Japan’s SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world’s largest private equity fund.
CBS Corp’s profit beats despite drop in advertising revenue
(Reuters) – CBS Corp , owner of the most widely-viewed U.S. television network, reported a fourth-quarter profit that beat analysts’ estimates, helped by higher political advertising and a rise in retransmission revenue.
Wall Street rises further into uncharted territory
(Reuters) – Wall Street pushed further into record-high territory on Wednesday, with the S&P 500 notching a seven-session winning streak, helped by a round of robust economic data and ongoing optimism that President Donald Trump will cut corporate taxes.
Anthem sues Cigna to block termination of merger
(Reuters) – Anthem Inc on Wednesday won a temporary restraining order that blocks smaller rival Cigna Corp from officially terminating their proposed $54 billion merger, a transaction already rejected by U.S. antitrust regulators.
