Alstom and GE chiefs celebrate ‘three-fold win’
BELFORT France (Reuters) – In a joint trip to the eastern town of Belfort that is the cradle of their cooperation in France, the bosses of Alstom and General Electric defended their tie-up as good for business, jobs and France.
France has 2 billion euros on hand to fund stake in Alstom: Montebourg
PARIS (Reuters) – The French state has enough cash available from previous share sales to fund the purchase of a 20 percent stake in Alstom , Economy Minister Arnaud Montebourg said on Tuesday.
Delta CEO says airline opposes U.S. Ex-Im Bank if no reforms
WASHINGTON (Reuters) – Delta Air Lines Inc chief executive Richard Anderson said on Tuesday he opposes reauthorization of the U.S. Export-Import Bank unless there are changes to the way the bank finances the sale of widebody aircraft.
Walgreen pulls 2016 forecast pending Alliance Boots decision
(Reuters) – Walgreen Co , the largest U.S. drugstore operator, withdrew its profit and revenue forecasts for 2016, saying it had yet to work out several aspects of its planned acquisition of European drug retailer Alliance Boots Holdings Ltd [ABN.UL].
Multinationals will not get too much power from EU-U.S. trade talks, EU says
LONDON (Reuters) – Multinational companies will not be given too much power by a trade agreement between the European Union and the United States, the EU’s trade chief said on Tuesday, seeking to reassure consumer and environmental groups opposed to th…
Consumer confidence, housing data bolster U.S. growth outlook
WASHINGTON (Reuters) – U.S. consumer confidence jumped to its highest level in nearly 6-1/2 years in June and sales of new homes surged in May, the latest signs that the economy has regained momentum.
Exclusive: Deutsche Telekom and its Slovak unit face EU fines – sources
BRUSSELS (Reuters) – Deutsche Telekom and its Slovak Telekom unit are likely to be fined by EU antitrust regulators for squeezing out competitors by charging unfair wholesale prices in Slovakia, two people with knowledge of the matter said on Tuesday.
Ex-Madoff accountant pleads guilty to aiding fraud
NEW YORK (Reuters) – Bernard Madoff’s former accountant pleaded guilty on Tuesday to helping the convicted swindler perpetrate his massive Ponzi scheme, becoming the 15th person to be convicted in connection with the fraud.
Exclusive – Deutsche Telekom and its Slovak unit face EU fines: sources
BRUSSELS (Reuters) – EU antitrust regulators are set to fine Deutsche Telekom and its subsidiary Slovak Telekom after the August summer break for charging unfair wholesale prices in Slovakia, two people with knowledge of the matter said on Tuesday.
Exclusive: EU to consider financial industry tax to fund watchdogs
LONDON (Reuters) – The European Union’s markets, banking and insurance watchdogs could be funded by a levy on the organisations they supervise, in an attempt by the bloc’s executive body to save taxpayers’ money.
