Danish coalition to back $3 billion Lockheed Martin fighter deal
COPENHAGEN (Reuters) – The Danish government on Thursday reached agreement with coalition parties to proceed with the purchase of 27 F-35A stealth fighters from U.S. defense giant Lockheed Martin Corp , the defence ministry said.
Spotify co-founder Ek says no intention to sell
STOCKHOLM (Reuters) – Daniel Ek, co-founder of Swedish music streaming service Spotify which has the biggest paid subscriber base in the world, said on Thursday he had no intention of selling the company.
Faltering risk appetite hits global stocks, sends Bund yields to record lows
LONDON (Reuters) – Global stocks retreated on Thursday, dragged down by lower European and Japanese equity markets, as appetite for riskier assets faltered, underpinning demand for safe-haven German Bunds whose yields hit record lows.
XpressWest, seeking to build U.S. high-speed rail, ends deal with China group
(Reuters) – XpressWest, the private U.S. firm proposing to build a high-speed rail link between Las Vegas and Los Angeles, terminated a joint venture with Chinese companies less than nine months after the deal was announced, citing delays faced by its …
Oil prices soften on profit taking after hitting 2016 highs
LONDON (Reuters) – Oil prices edged lower on Thursday as traders took profits after three sessions of gains, though prices remained close to their highest this year thanks to a fall in U.S. crude inventories and supply disruptions.
AstraZeneca sells rights to anesthetics for up to $770 million
LONDON (Reuters) – AstraZeneca has sold the marketing rights to a portfolio of anesthetics for up to $770 million in the latest so-called externalization deal to raise funds for investment in new drugs.
Honda recalls more vehicles in Japan over Takata air bags
TOKYO (Reuters) – Honda Motor Co said on Thursday it was recalling around 784,000 vehicles in Japan, part of an expanded recall for potentially deadly Takata Corp airbags.
Zalando trials same-day free deliveries from Adidas store
BERLIN (Reuters) – Europe’s biggest online fashion retailer, Zalando, facing a growing threat from rival Amazon moving into its territory, is teaming up with Adidas to offer same-day, free deliveries from one of its sports stores.
Unlikely casualty in California’s renewable energy boom: natural gas
(Reuters) – In February of 2001, then California Governor Gray Davis stood at the site of Calpine Corp’s new Sutter natural gas power plant and unveiled his plan to fast-track construction of similar stations to add 20,000 megawatts of modern, efficien…
Lending Club website goes down, cites data center outage
SAN FRANCISCO (Reuters) – The website for LendingClub Corp, the online lending company which recently said an internal probe found it had falsified documentation when selling loans to an investor, went down Wednesday afternoon.
