Adidas sees boost to sales from World Cup
MUNICH (Reuters) – German sportswear company Adidas has given a more precise sales growth target for 2014, amounting to a rise of up to 8 percent, as it gets a lift from the soccer World Cup that starts in Brazil next month.
Siemens CEO vows to hold on to parts of rail business
FRANKFURT (Reuters) – German engineering group Siemens wants to hold on to at least some parts of its rail business in any deal with French rival Alstom, its chief executive said on Thursday.
No urgent need to privatize Rosneft: Russian deputy PM
ST PETERSBURG, Russia (Reuters) – There is no urgent need to privatize oil company Rosneft > this year, Russia’s Deputy Prime Minister Igor Shuvalov said on Thursday.
Sony CEO: Not thinking of selling or shutting TV business
TOKYO (Reuters) – Sony Corp could take on an equity partner in its TV unit, which has racked up losses every year for a decade, but the Japanese consumer giant was not thinking about selling or exiting the business, its chief executive said on Thursday…
China anti-graft watchdog visits Roche amid pharma crackdown
SHANGHAI/ZURICH (Reuters) – Swiss drugmaker Roche Holding AG said it had been visited by a unit of China’s anti-trust regulator, apart of a widening crackdown on corruption and high prices in the country’s pharmaceutical sector.
RBS to raise $2.2 billion through bond issue
LONDON (Reuters) – Royal Bank of Scotland said on Thursday it would raise $2.2 billion through an offering of 10-year bonds which is scheduled to close on May 28.
AirAsia CEO Fernandes says aims for 85 percent load factor in two years
MANILA (Reuters) – AirAsia Bhd , Southeast Asia’s biggest budget airline, aims to increase its load factor to 85 percent in the next two years, its chief executive said on Thursday.
Steady growth signs lift European stocks and bonds
LONDON, date (Reuters) – European stocks and government bonds rose on Thursday buoyed by another month of private sector growth, firmer Chinese data and signs the U.S. Fed will maintain some monetary support for the world’s largest economy.
Glencore to shut Australian Newlands underground coal mine in 2015
MELBOURNE (Reuters) – Glencore Plc will close its Newlands underground coal mine in Australia in late 2015, opting not to extend the life of the mine amid a slump in coal prices, the Swiss-based mining and commodities group said on Thursday.
Lloyds sues RBS for $709 million over rights issue: report
(Reuters) – Lloyds Banking Group is joining a class-action lawsuit against government-owned Royal Bank of Scotland, seeking 420 million pounds ($709 million) over the bank’s handling of its 12-billion-pound rights issue, the Herald Scotland newspaper r…
