Turkey likely to order Lockheed F-35 fighters in 2015
ANKARA (Reuters) – Turkey is likely to start ordering F-35 fighter jets built by Lockheed Martin Corp from 2015 onwards and it will start with two orders initially, Turkey’s undersecretary for state-run defense industries Murad Bayar said on Thursday.
Calls grow louder for ECB to print money: Reuters poll
(Reuters) – The European Central Bank may be forced to print money this year to fight off deflation risks and boost what remains very fragile economic growth, according to a growing minority of economists polled by Reuters.
U.S. safety regulators open probe of GM’s handling of recall
DETROIT (Reuters) – U.S. safety regulators have opened an investigation into whether General Motors Co reacted fast enough in its recall of more than 1.6 million cars over an ignition-switch defect linked to 13 deaths in crashes.
Freddie Mac profit moves U.S. housing bailout further into black
WASHINGTON (Reuters) – Freddie Mac said on Thursday it will soon send the U.S. Treasury a $10.4 billion dividend after posting a ninth straight quarterly profit, putting taxpayers further into the black on their bailout of the mortgage giant.
Yellen opening remarks to Senate committee identical to February 11 House testimony
WASHINGTON (Reuters) – Federal Reserve Chair Janet Yellen’s opening remarks on the U.S. economy as prepared for delivery to the Senate Banking Committee are identical to the prepared testimony she delivered to a House of Representatives panel earlier t…
Poland seen raising rates toward year-end, no guidance change seen in March: Reuters poll
WARSAW (Reuters) – Poland’s central bank is likely to start raising interest rates in the last quarter of 2014, a Reuters poll showed on Thursday, reflecting a strengthening recovery in central and eastern Europe’s largest economy.
Wage rises may break Bank of England’s united front on forward guidance
LONDON (Reuters) – Wage growth is likely to be the fault line that splits Bank of England policymakers who, for now, are presenting an unusually united front.
Fashion house Versace sells stake to Blackstone to fund growth
MILAN (Reuters) – Italian fashion house Versace is selling a 20 percent stake to U.S. private equity firm Blackstone for 210 million euros ($287 million), aiming to fund new shops and build on a recent recovery in sales before an eventual stock market …
Ukraine tensions hit shares, euro drops to two-week low
LONDON (Reuters) – Tension in Ukraine and Russia curbed risk appetite on Thursday, weighing on world stocks and pushing the euro, already under pressure from talk of interest rate cuts, to a two-week low.
Lego expects to keep on outperforming toy market
COPENHAGEN (Reuters) – Denmark’s Lego increased sales and operating profit by 10 percent in a sluggish global toy market in 2013 and said it expected to continue to outperform the market by launching new products and expand in emerging markets aided by…
