IMF’s Lagarde hints at world growth forecast cut
AIX-EN-PROVENCE France (Reuters) – Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, IMF chief Christine Lagarde said on Sunday, hinting at a slight cut in…
Italian minister delays goal of repaying commercial debts
ROME (Reuters) – Italy will settle the debt arrears it owes to private sector suppliers by the end of this year, Economy Minister Pier Carlo Padoan said in a newspaper interview on Sunday, pushing back previous commitments.
ECB’s Coeure: rates to stay low, Europe needs more investment
AIX-EN-PROVENCE France (Reuters) – The European Central Bank will keep interest rates very low for a long period of time to ensure monetary stability but euro zone governments must do their part to boost growth and cut debt, ECB policymaker Benoit Coeu…
France not worried about U.S. probe of other banks: minister
AIX-EN-PROVENCE (Reuters) – France’s finance minister said on Sunday he was not worried about French banks being investigated by U.S. authorities after a record fine was imposed on BNP Paribas for violating U.S. sanctions against several countries.
Global economy weekahead: Living in interesting times
LONDON (Reuters) – With U.S. stocks hitting record highs on the back of strong jobs growth, the European Central Bank holding out the prospect of printing money and British house prices soaring there is a lot to ponder in the week to come.
Chinese assets warm, not hot for Western investors
LONDON (Reuters) – A flurry of initiatives by China to open up its currency, stock and bond markets inside and outside the country has failed so far to allay international investor concerns about performance, accessibility and liquidity.
Boeing 737 fuselages damaged in train derailment
SEATTLE (Reuters) – A train derailment in Montana this week damaged a shipment of jetliner fuselages and other large parts on its way to Boeing Co factories in Washington state from Spirit Aerosystems, Boeing said on Saturday.
Henkel may splash out on further acquisitions: CFO in paper
FRANKFURT (Reuters) – German consumer goods group Henkel may make further acquisitions to bolster its portfolio of detergents and hair care products after announcing two deals last month, its finance chief was quoted saying.
ECB’s Lautenschlaeger does not see bond-buying: paper
FRANKFURT (Reuters) – European Central Bank executive board member Sabine Lautenschlaeger said she does not see the ECB embarking on a bond-buying spree in the near future, according to a German newspaper report.
Airbus says ‘jury still out’ on A330neo airshow launch
AIX-EN-PROVENCE France (Reuters) – Airbus Group has not decided whether it will launch its proposed A330neo jet at this month’s Farnborough Airshow but is confident about the outlook for plane orders at the gala event, its strategy chief Marwan Lahoud …
