Aeromexico boosting international flights, a contrast to U.S. carriers
MEXICO CITY (Reuters) – Mexico’s largest airline group, Aeromexico , will increase the frequency of flights on five of its main international routes, the company said on Tuesday.
Under Tesla’s wing, SolarCity’s future remains uncertain
(Reuters) – After four rocky years as a publicly traded company in the volatile renewable energy sector, SolarCity Corp may now be wading into an equally uncertain future.
Shifting risks: Trust firms cheer latest China WMP crackdown
SHANGHAI (Reuters) – Lightly regulated trust companies are hoping for a windfall from China’s latest effort to crack down on risky wealth management products (WMPs), which could see a flood of money diverted to them from rivals shut out of the market b…
Anthem asks for separate, speedy trial in bid to save deal for Cigna
WASHINGTON (Reuters) – Health insurer Anthem Inc , which is fighting the government to save its merger with rival Cigna Corp , asked a judge on Tuesday to decide on the deal by the end of the year and to split its case off from the government’s challen…
Foreign rail firms shunted as ‘Made in China’ mantra gathers pace
SHANGHAI (Reuters) – Foreign firms say they are struggling to gain access to China’s vast railway market as the country, seeking to transform its domestic industry into an export powerhouse, tightens the bidding criteria on rail tenders.
Pimco Total Return posts outflows of less than $200 million in July
NEW YORK (Reuters) – Investors pulled less than $200 million in July from the Pimco Total Return Fund, one of the largest bond funds in the world, following about $800 million of cash withdrawals the previous month, Pimco said on its website Tuesday.
Viacom and Redstone’s National Amusements held settlement talks: WSJ
(Reuters) – Top Viacom Inc executives recently held discussions with National Amusements Inc to settle litigation surrounding the media empire of Sumner Redstone, the Wall Street Journal reported on Tuesday.
EPA approves sales of 2017 BMW diesel vehicles
TRAVERSE CITY, Mich. (Reuters) – The U.S. Environmental Protection Agency said on Tuesday it has approved the sale of new 2017 model year BMW AG diesel vehicles in the United States after a thorough review.
AIG profit beats estimates on lower costs, shares rise
(Reuters) – American International Group Inc , the largest commercial insurer in the United States and Canada, reported an operating profit that beat analysts’ estimate, driven by lower costs and strong underwriting during the quarter.
Too soon to rule out rate hike at next Fed meeting: Lockhart
WASHINGTON (Reuters) – Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday it was too soon to rule out an interest rate increase at the U.S. central bank’s next meeting in September, with a lot of data set to come in on the health of…
