U.S. says Takata vehicle recall size includes double counting
(Reuters) – U.S. auto safety regulators said on Tuesday their estimate for the millions of vehicles affected by the Takata Corp air bag recall will likely be revised because cars with two front air bags were double-counted.
China may buy 50-70 Airbus A330 jets: sources
PARIS (Reuters) – Airbus is in talks to sell some 50-70 A330 wide-body jets to China as part of plans to set up a new industrial plant in the world’s fastest-growing aviation market, sources familiar with the discussions said on Tuesday.
Wall Street faces toughest regulatory challenge yet on new loan review
NEW YORK (Reuters) – Big investment banks are facing their toughest test yet in the current 2015 Shared National Credit (SNC) review, months after regulators warned the banks that the quality of U.S. leveraged loans that they arranged was not as good a…
U.S. durable goods orders data suggest manufacturing stabilizing
WASHINGTON (Reuters) – A gauge of U.S. business investment spending plans rose in May in a tentative sign of stabilization in the manufacturing sector, which has been weak since the late summer of 2014.
U.S. factory activity growth at slowest since October 2013: Markit
NEW YORK (Reuters) – Growth in the U.S. manufacturing sector moderated in June for a third month in a row, slipping to its slowest pace since late 2013, according to an industry report released on Tuesday.
Bouygues faces crossroads choice on telecoms business
PARIS (Reuters) – Martin Bouygues, scion of one of France’s top industrialist families, must decide on Tuesday whether to part with the telecoms business that is his main contribution to the conglomerate built by his father.
Chinese firms do brisk business in Venezuela despite idle factories
SAN FRANCISCO DE YARE, Venezuela (Reuters) – Five years after Chinese home appliance maker Haier agreed to build a $912 million factory in Venezuela, its washing machines and refrigerators are almost the only ones available in the country’s department …
Syngenta tests investor support for Monsanto opposition
ZURICH/ FRANKFURT (Reuters) – Syngenta will sound out shareholders in the coming days for their views on the Swiss crop chemicals maker’s opposition to rival Monsanto’s $45 billion takeover approach.
Accounting watchdog probes KPMG over BNY Mellon compliance
LONDON (Reuters) – Britain’s accounting watchdog has opened an investigation into how accounting firm KPMG [KPMG.UL] made sure that Bank of New York Mellon complied with rules on keeping customer money safe.
S&P assumes Greece to be in euro at year-end
LONDON (Reuters) – Standard & Poor’s central forecast is that Greece will still be in the euro and the European Union at the end of 2015, although even a late deal to stave off default will not resolve its problems, chief rating officer Moritz Kraemer said on Tuesday.
