With CEO shakeup, Twitter under pressure to please advertisers
SAN FRANCISCO (Reuters) – Twitter Inc’s next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after last week’s management shakeup – helping disaffected advertisers connect with users.
Airbus increases 20-year jet demand forecast
PARIS (Reuters) – Airbus increased its 20-year forecast for jet demand by nearly 4 percent on Monday and was upbeat about prospects for superjumbos such as its troubled A380 plane, driven by growth in emerging markets in the Asia-Pacific region and Chi…
Garuda commits to buying 30 Boeing 787, 30 737 MAX aircraft
PARIS (Reuters) – Boeing Co said Indonesian flag carrier Garuda Indonesia committed to buying up to 30 787-9 Dreamliner planes and an additional 30 737 MAX 8 jets in a potential order worth $10.9 billion at list prices.
Disney’s powerful marketing force: social media moms
LOS ANGELES (Reuters) – Wendy Wright is a home-schooling mother of two, a prolific blogger and a self-described “Disney Nut.” Her cats are named Mickey and Minnie, and her blog is filled with advice for visiting Disneyland, tips for holding Disney-them…
Exclusive: China to extend economic diplomacy to EU infrastructure fund
BRUSSELS (Reuters) – China will pledge a multi-billion dollar investment in Europe’s new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters – Beijing’s latest round of checkbook diplomacy to win grea…
In $8 billion Samsung bid, some Koreans break ranks to side with foreign activist
SEOUL (Reuters) – In a country with a record of hostility towards foreign capital, some local investors are breaking with tradition as they side with a U.S. hedge fund opposing an $8 billion merger seen vital to the transfer of leadership at South Kore…
GM to source medium-duty trucks from Isuzu from 2016: sources
TOKYO (Reuters) – General Motors Co will re-enter the U.S. medium-duty truck market next year with Chevrolet-branded vehicles supplied by Japanese truck maker Isuzu Motors Ltd , people familiar with the matter said on Monday.
Exclusive: AirAsia plans bond issue up to $300 million, jet sales as shares slide
SINGAPORE (Reuters) – AirAsia Bhd , Asia’s biggest budget airline, plans to raise funds at loss-making associates by issuing up to $300 million in bonds and may sell planes to help cut group debt, Chief Executive Tony Fernandes said in a letter to inve…
Tech costs beat regulation, cyber as worries for financial services execs
LONDON (Reuters) – Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday.
Varoufakis rules out ‘Grexit’, deal possible if Merkel takes part
BERLIN (Reuters) – Greece Finance Minister Yanis Varoufakis said he could rule out a ‘Grexit’ because it would not be a sensible solution to the Greek debt crisis and in a German newspaper interview on Monday also said a debt restructuring was the only…
