Subaru says suppliers have been told to treat workers fairly
(Reuters) – Fuji Heavy Industries , the parent company of automaker Subaru, has told its network of suppliers that it expects them to treat workers fairly and to uphold “human rights and international standards of behavior.”
Iran plans to buy 80-90 Boeing, Airbus planes a year, post sanctions
DUBAI (Reuters) – Iran plans to buy as many as 90 planes per year from Boeing and Airbus to revamp its antiquated fleet once Western sanctions are lifted, its state news agency IRNA quoted a senior aviation official as saying on Sunday.
Verizon’s workers say no strike for now, union talks continue
NEW YORK (Reuters) – Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired.
Greece may seek up to 24 billion euros in first new aid tranche: paper
ATHENS (Reuters) – Greece may seek 24 billion euros in a first tranche of bailout aid from international lenders in August to prop up its banks and repay debts falling due at the ECB, a pro-government Greek newspaper said in its early Sunday editions.
Pacific Rim free trade talks fall short of deal
LAHAINA, Hawaii (Reuters) – Pacific Rim trade ministers failed to clinch a deal on Friday to free up trade between a dozen nations after a dispute flared up over auto trade between Japan and North America, New Zealand dug in over dairy trade and no agr…
Puerto Rico will fail to make Aug.1 payment, signaling default
(Reuters) – Puerto Rico will miss a payment on debt due Aug. 1, the governor’s chief of staff said on Friday, an event that will be considered a default by investors as the commonwealth lurches towards what could be one of the largest U.S. municipal de…
Tumbling oil prices slam profit at Exxon Mobil, Chevron
(Reuters) – Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude.
Wall Street ends lower as weak oil weighs
(Reuters) – Wall Street ended on a sour note on Friday as a drop in energy stocks eclipsed wage data that supported expectations that the U.S. Federal Reserve might hold off on an interest rate.
Goldman tentatively agrees to pay $270 million to settle lawsuit: source
(Reuters) – Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter.
Yahoo buys fashion website Polyvore
(Reuters) – Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.
