Sprint reports smaller fourth-quarter loss; subscribers increase
NEW YORK (Reuters) – Sprint Corp reported a smaller fourth-quarter loss than estimated and an unexpected increase in wireless subscribers, sending its shares up 7 percent in early trade.
Airbus says Asia-Pacific will be key driver of growth
SINGAPORE (Reuters) – Airbus claimed bragging rights as the Asia-Pacific’s dominant aircraft supplier on Tuesday, saying the region’s fast growing economies and rising passenger demand will continue to drive demand over the next 20 years.
Goldman puts ‘for sale’ sign on Iran’s old uranium supplier
LONDON (Reuters) – Goldman Sachs and Deutsche Bank are quietly trying to get out of a business few people know they are even in: trading supplies of raw uranium known as yellowcake.
Aston Martin recall highlights risk of China parts supply
SHENZHEN, China/PARIS (Reuters) – Aston Martin’s sweeping recall of its high-end sports cars last week raises larger questions about the risk to global automakers of sourcing key parts thousands of miles away in China without implementing adequate qual…
Former UBS banker to plead guilty in U.S. tax case, filing says
(Reuters) – A former senior UBS private banker has agreed to plead guilty in connection with a criminal indictment for selling offshore tax-evasion services to wealthy Americans, according to court documents.
Alibaba to launch U.S. e-commerce website
BEIJING (Reuters) – Alibaba Group Holding Ltd is set to launch a U.S. e-commerce website through its subsidiaries Vendio and Auctiva, which are in turn part of the Alibaba.com business group, the company told Reuters on Tuesday.
Gold hits three-month high, shares up ahead of Yellen
LONDON (Reuters) – Gold hit a three-month high and global shares rose on Tuesday as investors wagered that the new head of the U.S. Federal Reserve would renew the bank’s pledge to keep policy ultra-easy at her first testimony to Congress.
EU antitrust chief says looking into corporate tax loopholes
BRUSSELS (Reuters) – European Union regulators are examining corporate tax loopholes across Europe that allow companies to cut their tax bills, to see if they are anti-competitive, the EU’s antitrust chief said on Tuesday.
Garuda Indonesia create new hub in Bintan Island
SINGAPORE (Reuters) – Indonesian flag carrier Garuda Indonesia is developing a new hub in Bintan island, off Singapore, to augment its domestic network in one of the world’s fastest-growing airline markets.
Doric nears formal A380 order, changes name to Amedeo
SINGAPORE (Reuters) – Airbus is putting the finishing touches on an order worth up to $8 billion for A380 superjumbos from Doric Lease Corp, sources close to the deal said on Tuesday, as the leasing company also prepares to change its brand.
