Bankia presented flawed accounts for IPO year: report
MADRID (Reuters) – Spain’s Bankia presented a series of error-strewn accounts for 2011, the year it listed shares, according to a report released on Thursday as part of a long-running court investigation into its flotation and state bailout.
Exclusive: Euro zone mulls extending Greek bailout by six months, Athens refuses
ATHENS (Reuters) – Euro zone ministers are considering extending Greece’s bailout by six months to mid-2015, according to a document obtained by Reuters, but Athens said it was only willing to consider an extension of a few weeks to the unpopular progr…
Starbucks eyes booze, food and technology to boost U.S. growth
SEATTLE (Reuters) – Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering.
UBS to set up new group asset and liability unit
ZURICH (Reuters) – UBS said on Thursday it will set up a separate group asset and liability unit to help it manage risk in the bank’s new structure, which ensures it can be broken up more easily in case of a renewed crisis.
Sears posts $548 million loss, doubles planned 2014 store closures
(Reuters) – Sears Holdings Corp reported a quarterly net loss of $548 million, slightly less than it had estimated last month, and the struggling retailer said it had nearly doubled its planned store closures to cut costs.
Dollar General trims sales view; ‘committed’ to buying rival
(Reuters) – Dollar General Corp reined in its full-year sales forecast on Thursday and said it remained committed to buying Family Dollar Stores Inc, which would solidify its place as the No. 1 U.S. discount retailer.
Airbus to deliver first A350 jetliner to Qatar Airways on Dec 13
DUBAI (Reuters) – Qatar Airways will receive Airbus’ newest plane, the A350 jetliner, on December 13, the Gulf carrier said in a statement on Thursday.
Ford recalls about 20,000 cargo vans due to loose plastic panel
DETROIT (Reuters) – Ford Motor Co said on Thursday it is recalling almost 20,000 Transit Connect cargo vans in the United States and its territories because of a potential loose plastic panel.
U.S. jobless claims fall, unwind prior week’s increase
WASHINGTON, (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, pointing to
BMW expects further sales growth in 2015
MUNICH (Reuters) – Germany’s BMW expects its luxury car sales to increase in 2015, building on this year’s solid expansion, even as economic growth in core European markets stalls and geopolitical risks persist.
