Greek reform quality a concern, Cyprus has done well: Eurogroup’s Dijsselbloem
BRUSSELS (Reuters) – International lenders are concerned with the quality of reforms in Greece, in exchange for which Athens is getting loans, the chairman of euro zone finance ministers Jeroen Dijsselbloem told the European Parliament’s economic commi…
HSBC executives rue missed chance in HQ choice
LONDON (Reuters) – British Finance Minister George Osborne’s relief at HSBC’s choice of London over Hong Kong as its headquarters is not shared by several top executives who rue a missed opportunity for its China-centered growth strategy.
Boeing engineers overwhelmingly back new labor contracts
(Reuters) – Boeing Co’s engineers’ union ratified six-year labor contracts by a wide margin on Wednesday, a vote that ensures stability during a period when the planemaker is bringing out new versions of its two most profitable jetliners, the 737 and t…
Mitsubishi Motors recalls around 370,000 vehicles in Japan
TOKYO (Reuters) – Mitsubishi Motors Corp on Thursday said it had recalled around 370,000 vehicles in Japan including its Delica multipurpose vehicles due to improperly installed right-turn indicator switches.
Toyota recalling 2.9 million vehicles globally over seatbelt issue
TOKYO (Reuters) – Toyota Motor Corp said on Thursday it is conducting a global recall of 2.87 million vehicles due to the possibility that their seatbelts could be damaged by a metal seat frame part in the event of a crash.
Starboard takes steps toward proxy fight with Yahoo: Bloomberg
(Reuters) – Starboard Value LP is taking initial steps toward a potential proxy fight with Yahoo Inc, indicating that the activist investor is not satisfied with Yahoo’s efforts to streamline its business, Bloomberg reported citing people familiar with…
Pratt & Whitney, VietJet sign $3 billion engine deal
HANOI (Reuters) – Engine manufacturer Pratt & Whitney has signed a $3.04 billion contract to sell engines to budget airline VietJet Air for Airbus aircraft, the airline said in a statement.
In switch, Bullard warns against rate hikes, suggesting Fed’s direction
ST. LOUIS (Reuters) – One of the U.S. Federal Reserve’s most prominent advocates of higher interest rates on Wednesday declared it “unwise” to move any further in light of weak inflation and global volatility, suggesting the Fed is stepping further awa…
Takata considering trimming air bag operations: Kyodo News
TOKYO (Reuters) – Takata Corp is considering trimming its global air bag operations, including consolidating production plants in Europe and shedding overseas jobs, Kyodo News reported.
Yahoo to cut more than 300 jobs: San Francisco Chronicle
(Reuters) – Yahoo Inc on Wednesday said it would cut more than 300 jobs by April 18, as part of 1,500 layoffs announced earlier, San Francisco Chronicle reported.
