Nikkei hits 18-and-a-half-year high, Europe edges higher
LONDON (Reuters) – European shares edged higher on Wednesday as investors anxiously awaited fresh talks aimed at averting a Greek default, while the dollar held on to most of the previous day’s gains on prospects of higher U.S. interest rates.
Toyota chief earned $2.84 million last year after bonus doubles
TOKYO (Reuters) – Toyota Motor Corp President Akio Toyoda earned 352 million yen ($2.84 million) in total compensation last year after his bonus doubled to about $2 million, the Japanese company said in a regulatory filing on Wednesday.
U.S. Scripps seeks to buy rest of Polish TVN in one call: paper
WARSAW (Reuters) – U.S. Scripps Networks Interactive (SNI) , which agreed to buy control in TVN , wants to call on other shareholders at the Polish broadcaster to sell it the remaining shares all at once, SNI was quoted as saying on Wednesday.
Bouygues CEO says telecoms unit was lossmaking in first-quarter
PARIS (Reuters) – Bouygues boss Martin Bouygues on Wednesday said the group’s telecoms unit Bouygues Telecom was lossmaking in the first quarter of 2015, responding to press reports.
Greek deal or not, the euro is now a different beast
LONDON (Reuters) – By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency – and maybe even for the better.
Monsanto CEO calls Syngenta approach ‘a long game’: WSJ
ZURICH (Reuters) – Monsanto Co Chief Executive Hugh Grant called the company’s attempt to buy Swiss group Syngenta AG “a long game” and said he still wants to get it done despite Syngenta’s rebuff, the Wall Street Journal reported.
Greek government confident despite backlash over debt deal
ATHENS (Reuters) – Greece’s leftwing government expressed confidence on Tuesday that parliament would approve a debt deal with lenders, despite an angry reaction from some of its own lawmakers who accused it of caving in to pressure for more austerity….
Barclays sued by California utility over alleged electric market manipulation
(Reuters) – A California water utility filed a class action lawsuit on Tuesday to recoup losses in the electric market that it blames on Barclays Bank Plc [BARCR.UL], which the U.S. government fined $453 million in 2013 for manipulating electricity pri…
Ford joins competitors in growing car-sharing field
(Reuters) – Ford Motor Co will test new car-sharing programs with U.S. and UK partners as part of a strategy to embrace alternatives to traditional car ownership, including more flexible on-demand models.
Boeing picks Muilenburg to succeed CEO McNerney, signals stability
SEATTLE (Reuters) – Boeing Co said Tuesday that President Dennis Muilenburg will take over as chief executive officer July 1, a transition that comes as the aerospace giant tries to keep pace with an historic boom in the commercial jet market and build…
