Airbus Group talks to interested parties on defense assets: CEO
TOULOUSE France (Reuters) – Airbus Group has begun sounding out potential partners for parts of its defense and security business whose future was left undecided in a recent portfolio review, Chief Executive Tom Enders said on Thursday.
Chrysler recalls 350,000 vehicles on ignition switch issues
DETROIT (Reuters) – Chrysler Group LLC, a unit of Fiat SpA , said it will recall about 350,000 vehicles from the 2008 model year because of a condition that may cause the ignition key to get stuck or inadvertently move.
Low inflation fuels caution at Fed over rate rises
(Reuters) – A number of top Federal Reserve officials want more convincing evidence that U.S. inflation is on a healthy upswing before embarking on what they expect will be a very gradual course of interest rate increases.
ValueAct returns to Valeant board, plans to raise stake
(Reuters) – Hedge fund ValueAct Capital said on Thursday it would return to the board of directors of Valeant Pharmaceuticals International Inc, which is pursuing a hostile takeover offer for Allergan Inc, and that it planned to increase its stake in t…
Airbus conducts maiden flight of hot-selling A320neo
TOULOUSE France (Reuters) – Airbus successfully staged the maiden test flight on Thursday of an upgraded passenger jet on which it expects to generate hundreds of billions of dollars of revenue, buoyed by an increase in the company’s jet demand forecas…
U.S. repair job for BNP Paribas’ new chairman
PARIS/LONDON (Reuters) – Jean Lemierre, a former head of Europe’s reconstruction bank and a veteran of international debt negotiations, will need all his diplomatic skills to repair BNP Paribas’ relations with the United States as chairman of France’s …
U.S. business spending plans, jobs data support growth outlook
WASHINGTON (Reuters) – New orders for capital goods by U.S. businesses rebounded in August, pointing to underlying strength in the economy.
Facebook to win EU approval for $19 billion WhatsApp bid: sources
BRUSSELS (Reuters) – Facebook , the world’s leading social network, will win unconditional EU approval for its $19 billion offer for mobile messaging startup WhatsApp in a deal pitting it against telecoms operators, two people familiar with the matter …
Weak euro zone lending data underscores need for ECB stimulus
FRANKFURT (Reuters) – Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting a keener spotlight on European Central Bank efforts to get credit flowing again.
F-35 jet combat ready next year despite engine fix: Lockheed
OSLO (Reuters) – Lockheed Martin expects the cost of the F-35 fighter jet to drop to its target level by 2019 and still sees the first version of the aircraft combat ready by mid-2015, despite an engine failure which still needs a fix, the firm said on…
