Daimler AG evacuates Hungary Mercedes plant after bomb threat
BUDAPEST (Reuters) – Daimler AG has evacuated its Mercedes-Benz plant in Hungary and suspended production after a bomb threat received on Wednesday, a company spokesman said.
Delta sees key revenue measure rising in May, June
(Reuters) – Delta Air Lines Inc said on Wednesday an important revenue measure would show gains in May and June, aided by business demand and more reliable operations.
Siemens chief unveils overhaul, won’t be forced into Alstom bid
BERLIN (Reuters) – German engineering giant Siemens unveiled a long-awaited restructuring on Wednesday in a drive to catch up with more profitable competitors and said it would not be forced into a bidding war with GE for the energy assets of French ri…
Swiss watchdog sets tough capital requirements for top banks
ZURICH/LONDON (Reuters) – Switzerland’s financial regulator has laid out rules that could force the country’s two biggest banks to hold more than double the total capital required by international standards, in its latest effort to ensure the two are p…
Humana sees 2014 Medicare Advantage growth, exchange sales surge
(Reuters) – Managed care company Humana Inc said on Wednesday that it expects growth in Medicare Advantage plans in 2014 despite government cuts to funding and said its will add hundreds of thousands of new customers in Obamacare plans.
European shares, dollar weak ahead of Yellen testimony
LONDON (Reuters) – European shares fell and the dollar hovered above six-month lows against a basket of currencies on Wednesday on an overnight drop in U.S. tech stocks and on concerns over the deepening crisis in Ukraine.
HSBC says April activity muted after first-quarter profit drop
LONDON (Reuters) – HSBC’s first-quarter pretax profit fell 20 percent from a year ago to just under $7 billion, as revenue dropped in Brazil and at its investment bank, while last year’s earnings were swelled by asset sales.
Japan’s Abe sees free-trade deal with EU agreed next year
BRUSSELS (Reuters) – The European Union and Japan have agreed to try to wrap-up free-trade negotiations next year, Prime Minister Shinzo Abe said on Wednesday, following an EU-Japan summit in Brussels.
Airbus reshuffles large American Airlines jet order
PARIS (Reuters) – Airbus took 78 orders in April but remained behind Boeing in the battle for new business after a relatively quiet month dominated by the reshuffling of existing orders, data released by the European planemaker showed on Wednesday.
SocGen books $731 million writedown on Russia unit
PARIS (Reuters) – Societe Generale , France’s second-largest listed bank, said it had booked a 525 million euro ($731 million) writedown on the value of its Russian unit Rosbank after months of political crisis in Ukraine.
