Iraq jitters hit European shares, German bond yields slip
LONDON (Reuters) – Europe’s top share index slipped to a three-week low on Wednesday as concerns that violence in Iraq could escalate further prompted investors to take refuge in safer assets such as German bonds.
Cash stash may reflect fear of wealth going out of fashion
LONDON (Reuters) – As tension over inequality simmers, persistent cash hoarding by multinationals and the super-rich may be one measure of how seriously attempts at remedial action are being taken.
Lockheed wins $1.9 billion deal for U.S. missile-warning satellites
WASHINGTON (Reuters) – The U.S. Air Force said on Tuesday it had awarded Lockheed Martin Corp a fixed-price contract valued at $1.9 billion to complete work on two missile-warning satellites as part of the Space-Based Infrared System (SBIRS).
EU regulators to decide on Apple, Beats deal by July 30
BRUSSELS (Reuters) – European Union antitrust regulators will decide by July 30 whether to clear Apple Inc’s $3 billion bid for music streaming and audio equipment company Beats, the European Commission said on Wednesday.
Japan bets big on making fuel-cell cars a near-future reality
TOKYO (Reuters) – Japan’s government and top carmakers, including Toyota Motor Corp, are joining forces to bet big that they can speed up the arrival of the fuel cell era: a still costly and complex technology that uses hydrogen as fuel and could virtu…
Asian shares wither as Iraq crisis dims mood
TOKYO (Reuters) – Asian shares fell on Wednesday, echoing losses on Wall Street as concerns about escalating violence in Iraq eclipsed stronger U.S. economic data.
Yellen may be poised to rewrite Fed’s rule book on wages, inflation
WASHINGTON (Reuters) – Federal Reserve Chair Janet Yellen wants to see U.S. wages climb at a much brisker clip to boost consumer spending and help workers recoup ground they lost in the last recession, but she’ll have to fend off policymakers who fear …
AT&T tells lawmakers DirecTV deal won’t guarantee lower prices
WASHINGTON (Reuters) – U.S. lawmakers grilled AT&T Inc and DirecTV on Tuesday over a proposed merger that some Democrats and public interest groups fear will result in higher costs and less competition.
Asian shares wilt, oil prices rise on Iraq fears
TOKYO (Reuters) – Asian shares were on the back foot early on Wednesday, taking their cue from Wall Street as the deepening crisis in Iraq and a report that the U.S. could be loosening restrictions on crude exports triggered a rally in oil prices.
Lockheed wins $1.9 bln deal for U.S. missile-warning satellites
WASHINGTON (Reuters) – The U.S. Air Force said on Tuesday it had awarded Lockheed Martin Corp a contract valued at $1.9 billion to complete work on two more missile-warning satellites as part of the Space-Based Infrared Systems (SBIRS) system.
