Goldman Sachs hires energy marketer from Barclays
NEW YORK (Reuters) – Goldman Sachs has hired London-based oil marketer Roy Golender as vice president of energy sales from Barclays Plc , a company spokesman said on Wednesday.
American Apparel, shareholders reach deal: New York Times
(Reuters) – American Apparel has reached a deal in principle with shareholders to remake its board and bolster its finances, The New York Times reported Wednesday.
American, Southwest signal solid demand ahead of earnings
(Reuters) – American Airlines Group Inc and Southwest Airlines Co forecast growth in an important revenue measure for the second quarter, signaling that demand for air travel is solid during the summer.
Scoping the new subprime as watchdogs cry ‘bubble’
LONDON (Reuters) – As global watchdogs warn that euphoric financial markets are divorced from economic reality and acting out some reprise of the credit bubble and bust of the past decade, fears of another subprime timebomb are inevitable.
Harbinger sues Dish, Ergen for $1.5 billion over LightSquared
(Reuters) – Harbinger Capital Partners has sued Dish Network Corp and its chairman, Charles Ergen, for at least $1.5 billion, accusing them of trying to strip the hedge fund of its control of bankrupt wireless company LightSquared.
Mortgage applications rose in latest week: MBA
NEW YORK, July 9 (Reuters) – Applications for U.S. home mortgages rose last week as both purchase and refinancing applications increased, an industry group said on Wednesday.
American, Southwest signal solid demand ahead of earnings
(Reuters) – American Airlines Group Inc and Southwest Airlines Co forecast growth in an important revenue measure for the second quarter, signaling that demand for air travel is solid during the summer.
Emirates finalizes $56 billion order for 150 Boeing 777X planes
(Reuters) – Dubai airline Emirates [EMIRA.UL] finalized a $56 billion order to buy 150 Boeing 777X jets on Wednesday, firming up a commitment made last year, just weeks after scrapping an order with rival planemaker Airbus .
ECB watchdog says bank safety checks running according to plan
FRANKFURT (Reuters) – Efforts by the European Central Bank to collect reams of lending data from leading euro zone banks are almost done, and plans to complete safety checks are running according to plan, the ECB’s top financial supervisor said on Wednesday.
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
NEW YORK (Reuters) – Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate estimat…
