Exclusive: Citigroup to shift European retail banking base to Dublin
LONDON (Reuters) – Citigroup is planning to shift the head office of its European retail banking operation to Dublin from London to benefit from lower costs and capital requirements.
Airbus to resume deliveries of A400M after crash
PARIS (Reuters) – Airbus said on Friday it will resume deliveries of the A400M military transporter after all remaining flight restrictions imposed following a fatal crash last month were lifted by Spanish authorities.
Office Depot shareholders vote in favor of Staples offer
(Reuters) – Office Depot Inc said its shareholders voted overwhelmingly in favor of the $6.3 billion buyout offer from larger rival Staples Inc , in a deal that would combine the two largest U.S. office suppliers.
Asian shares edge higher on Fed caution, China sell-off intensifies
HONG KONG (Reuters) – Asian shares rose for a third consecutive day on Friday even as China stocks tumbled into correction territory, while the Federal Reserve’s cautious stance towards lifting interest rates kept the dollar on the back foot.
Toyota in damage control mode after American exec arrested
TOKYO (Reuters) – Toyota Motor Corp moved into damage control mode on Friday after its new communications chief Julie Hamp, an American and its first senior woman executive, was arrested on suspicion of illegally bringing pain killers into Japan just t…
Exclusive: Gazprom building global alliance with expanded Shell
ST PETERSBURG, Russia (Reuters) – Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters.
Airbus warns Europe to keep politics out of drone project: paper
PARIS (Reuters) – Airbus Chief Executive Tom Enders urged European governments not to place overly onerous political requirements on a joint project to develop drones, adding that the aerospace group could drop out if such conditions were not met.
Hochtief says wins $1.23 billion U.S. rail contract
FRANKFURT (Reuters) – Hochtief said its subsidiary Flatiron had won a $1.23 billion contract to construct the first high-speed rail system in the United States as part of a joint venture team.
South Korea court to rule on U.S. fund’s bid to block Samsung deal by July 1
SEOUL (Reuters) – A South Korean court on Friday said it will rule by July 1 on U.S. hedge fund Elliott’s injunction request to block a Samsung C&T Corp shareholder vote on an $8 billion takeover bid from Cheil Industries Inc .
Euro zone sets emergency summit on Greece as money flees
ATHENS/LUXEMBOURG (Reuters) – Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a…
