BAE nears sale of U.S. manpower and services businesses: sources
(Reuters) – Britain’s BAE Systems Plc is in advanced talks to sell its U.S. manpower and services businesses to private equity firm Veritas Capital Management LLC for more than $1 billion, according to people familiar with the matter.
ECB, Fed ready for market jolts as they head on opposite policy paths
FRANKFURT (Reuters) – The world’s top two central banks accept they will face periodic market jolts as they move in opposite policy directions, senior officials say, with such risks inevitable given the hugely differing fortunes of the U.S. and Europea…
Carlsberg takes $1.4 billion charges, cuts jobs
COPENHAGEN (Reuters) – Carlsberg , the Danish brewer that has long been struggling in Russia, said it would take $1.4 billion in charges and cut 2,000 jobs to position the business for a return to growth.
Fed ‘liftoff’ in December: no shock, but may be market rocket fuel
LONDON (Reuters) – An interest rate rise from the U.S. Federal Reserve next month would surprise no-one involved in financial markets but could still drive up volatility, coming as it would in the least liquid month of the year.
UniCredit to shed 18,200 jobs and boost capital
MILAN (Reuters) – UniCredit is slashing its workforce by 14 percent and looking to restructure or sell businesses in Austria and Italy as it seeks to bolster its finances without asking shareholders for cash.
Thomson Reuters says exploring options for IP & Science business
(Reuters) – Thomson Reuters Corp said on Wednesday it was exploring strategic options for its Intellectual Property & Science business, which had revenue of about $1 billion in 2014.
Exclusive: ECB mulls buying debt of cities and regions – sources
FRANKFURT (Reuters) – The European Central Bank is examining whether to buy municipal bonds of cities such as Paris or regions like Bavaria, according to people with knowledge of a possible extension of its one-trillion-euro-plus money printing scheme….
Boeing drops GKN for part of 737MAX plan, delivery on track for 2017
(Reuters) – Boeing Co said it has dropped GKN PLC as a supplier for one component on its 737 MAX jetliner, while it reaffirmed its expectation for delivery of the jet to customers beginning in 2017.
German car regulator widens emissions probe to 23 brands
FRANKFURT (Reuters) – Germany’s motor vehicle regulator will run tests on more than 50 models of 23 German and foreign car brands on suspicion of further manipulation of nitrogen oxides emissions from diesel engines, it said on Wednesday.
BMW targets annual motorcycle sales of 200,000 by 2020
FRANKFURT (Reuters) – BMW , the world’s largest luxury carmaker, plans to boost annual motorcycle sales to 200,000 and lift revenue in that segment by 50 percent by 2020 by focusing on markets in Asia and South America, company executives said on Wedne…
