Airbus says deliveries on target despite cabin delays
TOULOUSE, France (Reuters) – Airbus is on track to meet its delivery targets this year despite delays at cabin suppliers, Fabrice Bregier, head of the European planemaker, said on Wednesday.
Moody’s maintains U.S. credit rating and stable outlook
NEW YORK (Reuters) – Ratings agency Moody’s Investors Service upheld the United States’ triple-A credit rating and stable outlook on Wednesday, but it noted potential longer-term threats to the rating.
AirAsia’s potential management-led buyout faces headwinds
KUALA LUMPUR/SINGAPORE (Reuters) – AirAsia founder Tony Fernandes may find it tough to take the budget airline private due to large funding needs as potential partners worry about a floundering Malaysian economy and a weak regional aviation market.
Futures up as oil prices rise for fourth day
(Reuters) – U.S. stock index futures rose on Wednesday as crude oil prices increased for the fourth day in a row, with Brent crude touching its highest level in a more than a month.
Nokia’s bosses to dominate leadership team after Alcatel deal
HELSINKI (Reuters) – Finnish network equipment maker Nokia said on Wednesday its executives would dominate the new leadership team once it completes its proposed acquisition of Alcatel-Lucent.
Volkswagen, Audi say 90,000 Australia vehicles had emissions cheating software
SYDNEY (Reuters) – The number of vehicles sold in Australia fitted with devices designed to mask the level of emissions has risen to more than 90,000 from 77,000, to include the Audi brand, widening a global scandal that engulfed German automaker Volks…
JPMorgan buys more mortgages from other lenders as market shrinks
NEW YORK (Reuters) – JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice that competitors including Bank of America view as risky.
Glencore calls on Paris climate summit to adopt coal policy
SYDNEY (Reuters) – Embattled miner and commodities trader Glencore Plc on Wednesday called on delegates meeting for a global climate summit later this year to adopt a policy that recognizes coal as an important energy source.
Rising oil powers broader market rally
LONDON (Reuters) – A recovery in oil prices spread to stock markets and emerging market currencies on Wednesday, with the prospect of more support from the world’s central banks offsetting more disappointing economic data.
Diageo sells stakes in two brewers to Heineken for $780.5 million
(Reuters) – Diageo Plc , the world’s largest spirits company, said it had sold its stakes in Jamaican brewer Desnoes & Geddes Ltd and GAPL Pte Ltd, the majority owner of Malaysia’s Guinness Anchor Berhad , to Heineken NV for $780.5 million.
