Lufthansa CEO says resolution of pilot talks unlikely before Sept
FRANKFURT (Reuters) – The chief executive of German airline Lufthansa welcomed proposals by pilots to bring a long-running row over pay, retirement benefits and low cost expansion to an end but said talks would likely go on beyond the start of Septembe…
Motorola receives $1 billion investment from Silver Lake: NYT
(Reuters) – Walkie-talkie and radio systems maker Motorola Solutions Inc has received $1 billion in investment from private equity firm Silver Lake, the New York Times reported.
StanChart says has cut 4,000 staff this year
LONDON (Reuters) – Standard Chartered has cut 4,000 staff since the start of the year as part of its plan to streamline operations and cut costs, and said there could be further cuts.
U.S. small-business borrowing surges in June: PayNet
(Reuters) – Borrowing by U.S. small businesses jumped to a record in June, an index released Wednesday showed, signaling tighter labor conditions that may help build the case for the Federal Reserve’s first interest-rate increase in nearly a decade. 
Dollar up on Fed rate bets, earnings lift shares
LONDON (Reuters) – The dollar rose to its highest in more than three months and U.S. Treasury yields rebounded from two-month lows on Wednesday, after a Federal Reserve official said the central bank was close to raising interest rates.
Skymark creditors pick ANA to lead turnaround plan, reject Delta proposal
TOKYO (Reuters) – ANA Holdings Inc has won creditor backing to lead a turnaround of bankrupt Japanese discount carrier Skymark Airlines Inc [SKALF.PK], defeating a plan that proposed Delta Air Lines Inc as its sponsor.
Raising interest rates with zero inflation is a hard sell
LONDON (Reuters) – Americans and Britons bracing for their first interest rate rises in almost a decade are puzzled: why are rates about to go up when there’s no inflation?
China July services activity quickens to 11-month high: survey
BEIJING (Reuters) – Activity in China’s services sector expanded at its fastest pace in 11 months in July, thanks to stronger new business, a private survey showed on Wednesday, a welcome development at a time factories in the world’s second largest ec…
Telecom Italia weighs reorganization of business unit -Bloomberg
(Reuters) – Italy’s Telecom Italia SpA is considering merging its OpenAccess business unit that leases its landline network to rivals with its wholesale business to avoid antitrust charges of as much as 4 billion euros ($4.35 billion), Bloomberg report…
Exclusive: Boeing loses large satellite deal due to trade credit woes – sources
WASHINGTON (Reuters) – Boeing Co is scrambling to find alternate financing for a satellite contract worth “several hundred million dollars” that was scuttled by privately held commercial satellite provider ABS due to uncertainty about the future of the…
