China’s Li flies into UK to talk trade, seal deals worth $30 bln
LONDON/BEIJING (Reuters) – Chinese Premier Li Keqiang will fly into Britain on Monday for the first time since taking office on a visit focused on moving the relationship beyond the political differences of the past and signing more than $30 billion of…
U.S. orders mandatory inspections for F-35s after engine issue
WASHINGTON (Reuters) – The U.S. military has ordered mandatory inspections of all Lockheed Martin Corp F-35 fighter jets before further flights after a Marine Corps F-35B model suffered an in-flight emergency last week, a Pentagon spokesman said on Sun…
France pushes for concessions as Alstom bidding enters crucial week
PARIS (Reuters) – France is continuing to press for guarantees from contenders to buy power equipment assets from Alstom, as Siemens and Mitsubishi Heavy Industries consider a joint move to challenge a formal offer from General Electric.
Fed in focus as investors seek reassurance
MADRID (Reuters) – Investors will look to the Federal Reserve for reassurance in the coming week, with little economic data to assuage their concerns over the strength of the global recovery, amid signs Iraq may be sliding into civil war.
ArcelorMittal taps into China’s booming market for growth
Loudi CHINA (Reuters) – ArcelorMittal , the world’s top steelmaker, said on Sunday it would use its Chinese joint venture to tap into the country’s fast-growing car market, helping offset slackening steel demand on the back of a slowing economy.
Mobile ‘net neutrality’ faces new day of reckoning at FCC
WASHINGTON (Reuters) – A surge in mobile Internet usage has U.S. regulators considering whether to apply the same rules to fixed and wireless Internet traffic, and large technology firms are siding with consumer advocates to call for such a change.
Bangladesh accuses 17 over garment factory collapse
DHAKA (Reuters) – Bangladesh’s Anti-Corruption Commission (ACC) on Sunday filed a case with local police accusing 17 people of breaching regulations over the construction of a building that collapsed last year, killing over 1,130 mostly garment workers.
French finance minister sees progress towards ‘more equitable’ U.S. fine for BNP Paribas
PARIS (Reuters) – France’s finance minister said on Sunday that talks between BNP Paribas and U.S. authorities over a potential fine for the bank for breaching U.S. sanctions had progressed towards a “more equitable” level.
Short sellers enjoy revival as European stocks lose steam
LONDON/PARIS (Reuters) – Hedge fund bets against selected European stocks are making a comeback, as investors pick apart a multi-year stock rally and question the market’s scope to gain from the ECB’s campaign to prevent deflation.
Dubai faces moment of truth over looming property bubble
DUBAI (Reuters) – “Keep calm. There’s no bubble”, proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property finding portal late last year. That may have been true at the time, but the risks are rising.
