Alitalia reaches deal to avoid lay off for 1,900 workers: union
MILAN (Reuters) – Alitalia’s trade unions said on Friday they have reached a deal with the management to avoid lay off for 1,900 workers.
Japan seen posting record trade deficit in January as import bill soars
TOKYO (Reuters) – Japan is expected to post a record trade deficit in January as a weak yen pushes up the cost of imports and as export demand slows in a cautionary note about the economic outlook, a Reuters poll showed.
Six China shadow banks threatened with default over coal firm exposure: paper
SHANGHAI (Reuters) – Six Chinese trust firms have lent more than 5 billion yuan ($824.6 million) to a delinquent coal company, state media reported on Friday, raising the prospect of further defaults in China’s so-called shadow banking system.
Stanley Ho’s SJM makes fresh start with new Macau casino
MACAU (Reuters) – Macau gambling kingpin Stanley Ho helped put the former Portuguese colony on the map 40 years ago with the fluorescent, onion-shaped Casino Lisboa. Now, the pioneer of old Macau is creating a new landmark – a $3.9 billion resort that …
India’s finance minister seen walking budget tightrope as economy slows
NEW DELHI (Reuters) – India’s finance minister will be walking a tightrope when he presents an interim budget for the coming fiscal year on Monday, doling out more funds to woo voters and tax cuts to support industry while projecting a lower fiscal def…
Japan Airlines and ANA clash again over Tokyo landing rights
TOKYO (Reuters) – Japan Airlines said it has applied to fly from Tokyo’s Haneda airport to Ho Chi Minh City in Vietnam prompting a complaint from ANA Holdings, which urged regulators to deny its local rival the right to open up new routes from the worl…
How Charter’s Time Warner Cable bid woke up a ‘sleeping beast’
NEW YORK (Reuters) – Talks between Comcast Corp and Charter Communications Inc over how they could together buy Time Warner Cable Inc quickly soured as the two bickered over price and the feasibility of engineering a split of the No. 2 U.S. cable opera…
Comcast takeover of Time Warner Cable to reshape U.S. pay TV
(Reuters) – Comcast Corp’s proposed $45.2 billion takeover of Time Warner Cable Inc could face close scrutiny from U.S. antitrust regulators because of the deal’s potential to reshape the country’s pay TV and broadband markets.
Boeing looks to Congress to fund fighters after Navy skips orders
WASHINGTON (Reuters) – Boeing Co is mounting a last-ditch campaign to convince U.S. lawmakers to buy more fighter jets and stave off a shutdown of a St. Louis production line after the U.S. Navy failed to fund the jets.
Exclusive: P&G eyes alumni, unit heads as candidates for CEO job
NEW YORK (Reuters) – Procter & Gamble Co is considering current and former executives of the world’s largest household products maker as it begins the search for candidates to succeed Chairman and Chief Executive A.G. Lafley, according to sources familiar with the situation.
