Engine maker CFM eyes record orders in 2014
FARNBOROUGH England (Reuters) – CFM International expects another record year for engine orders, its chief executive said on Sunday, adding the company, which earlier in the day announced an order from American Airlines , had bid for an engine deal wit…
Exclusive: YouTube weighs funding efforts to boost premium content – sources
LOS ANGELES (Reuters) – YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters, a move that could bolster a three-year-old multimillion-d…
Charting a path to ‘normalization’
BRUSSELS (Reuters) – Investors shift focus this coming week from trouble spots such as Portugal’s biggest listed bank to a marathon testimony by the U.S. Fed chair that could help chart a global path towards post-crisis “normalization”.
American Airlines picks CFM for $2.6 billion engine deal
FARNBOROUGH England (Reuters) – CFM International, a joint venture between General Electric Aviation and Safran of France, said on Sunday that it had been picked by American Airlines Group to provide engines for 100 Airbus A320neo jets the airline has …
Bruised and grumbling, foreign banks bend to U.S. rules
LONDON/HONG KONG (Reuters) – Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against it…
Dark pool scrutiny no slam dunk for traditional exchanges
LONDON (Reuters) – The regulatory noose is tightening around dark pools, private share-trading venues that promise anonymity for specialist investors, offering a chance for rival exchanges in the United States and Europe to take back market share.
Japan says Pacific trade talks agree broadly on labor, health issues
OTTAWA/TOKYO (Reuters) – Pacific trade talks have reached broad agreement on labor issues and sanitary and phytosanitary standards but some difficult aspects remain to be tackled, Japan’s chief negotiator said on Saturday.
Swiss chocolate maker Lindt near deal to buy Russell Stover: report
WASHINGTON (Reuters) – Swiss-based chocolate maker Lindt & Spruengli is in advanced discussions to acquire family-owned U.S. candy business Russell Stover, and the two companies could announce an agreement as early as next week, the Financial Times reported on Saturday.
Harbinger sues U.S. government over wireless company LightSquared: report
WASHINGTON (Reuters) – Phil Falcone’s governmentPartners has filed suit against the U.S. government, accusing it of reneging on an agreement regarding bankrupt Harbinger-backed wireless company LightSquared LP, the Wall Street Journal reported.
Swiss chocolate maker Lindt near deal to buy Russell Stover: report
WASHINGTON (Reuters) – Swiss-based chocolate maker Lindt & Spruengli is in advanced discussions to acquire family-owned U.S. candy business Russell Stover, and the two companies could announce an agreement as early as next week, the Financial Times reported on Saturday.