Bank of America resubmits request for dividend increase: WSJ
(Reuters) – Bank of America Corp has asked regulators to approve a higher quarterly dividend of 5 cents per share after it withdrew a previously planned increase in April, the Wall Street Journal reported on Wednesday, citing people familiar with the m…
Ford says committed to South Africa, plays down concern over strikes
JOHANNESBURG (Reuters) – Ford Motor Co has a long-term commitment to South Africa, its regional head said, playing down any concerns about strikes that an engineering federation said had prompted the U.S. carmaker to consider pulling out of the country…
Adidas 2 Nike 0 in World Cup final but competition goes on
BERLIN (Reuters) – With Adidas sponsoring both teams in Sunday’s World Cup final, the German sportswear brand has declared victory over U.S. rival Nike in the latest round of its battle to remain the biggest global soccer brand.
Boeing sees $5.2 trillion jet market, win versus Airbus on twin-aisles
NEW YORK (Reuters) – Boeing Co made its most bullish 20-year forecast for jetliner demand since 2011, saying on Thursday the world will need 36,770 new planes worth $5.2 trillion by 2033.
Boeing will ‘fight’ revamped Airbus A330, defends 787
LONDON (Reuters) – Boeing hit back on Thursday at proposals by rival Airbus to revamp its A330 passenger jet, saying it would “fight” in the marketplace and was confident that its newer 787 Dreamliner was a more valuable plane.
Exclusive: UAE bourses merger shelved as terms not agreed – sources
ABU DHABI (Reuters) – A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the foreseeable future as terms for the politically sensitive move could not be agreed, sources told Reuters on Thursd…
Global markets still shaky despite Fed assurance
LONDON (Reuters) – European shares were back in negative territory on Thursday, a brief lift from U.S. Federal Reserve meeting minutes proving short-lived as investors worried whether markets could go it alone without the U.S. central bank’s emergency …
Exclusive: Russia sets new banking rules for state firms amid downturn
MOSCOW (Reuters) – Russian state companies, the backbone of the economy, can only have accounts at banks with capital of no less than 10 billion rubles ($296 million) or at those with ties to the government, a senior finance ministry official said on T…
Fed independence questioned as Republicans ramp up pressure
WASHINGTON (Reuters) – A surge of Republican pressure is bringing the Federal Reserve’s long-held independence into question again, as conservative lawmakers seek to place the U.S. central bank under tougher scrutiny.
China June trade data misses forecasts, doubts over economy linger
BEIJING (Reuters) – China’s trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilize the economy and meet its 2014 growth target.
