North American machinists union slate challenges top leaders
SEATTLE (Reuters) – North American members of the International Association of Machinists and Aerospace workers on Saturday nominated challengers seeking to replace top union leaders, a move that could lead to a tougher negotiating stance toward major …
Emerging market policymakers move to allay currency concerns
DAVOS/LONDON (Reuters) – Top emerging market policymakers moved to allay concerns about their economies on Friday after investors sold off their currencies, raising fears of a broad market rout.
European banks have 84 billion euro capital shortfall, OECD estimates: report
FRANKFURT/PARIS (Reuters) – European banks have a combined capital shortfall of about 84 billion euros ($115 billion), German weekly WirtschaftsWoche reported, citing a new study by the Organisation for Economic Cooperation and Development (OECD).
Exclusive: Bank of America’s trading practices have been probed, filing shows
NEW YORK/WASHINGTON (Reuters) – The U.S. Department of Justice and the Commodity Futures Trading Commission have both held investigations into whether Bank of America engaged in improper trading by doing its own futures trades ahead of executing large …
Buyers’ market for oil companies in Davos
DAVOS, Switzerland (Reuters) – Oil executives normally travel the world to win big contracts – but rarely do government officials travel the other way.
Tavares could take helm of Peugeot in March: sources
PARIS (Reuters) – Carlos Tavares could take over as chief executive of PSA Peugeot Citroen in March, two sources close to the situation said.
SAP finance chief says could look at big acquisitions again: report
FRANKFURT (Reuters) – German business software maker SAP could start looking at large acquisition targets again, particularly among cloud computing firms, its finance chief was quoted as saying by weekly Euro am Sonntag.
Tesla China chief unveils aggressive growth plan for China
BEIJING (Reuters) – U.S. electric carmaker Tesla Motors Inc expects its China sales to contribute one third of global sales growth this year, a senior executive said, adding that a trademark issue stalling full-entry into China had been resolved.
Wall Street Week Ahead: Stocks may fall again as Fed stays course
NEW YORK (Reuters) – Wall Street managed to avoid major selloffs in 2013, but bears look ready – and anxious – to take command.
Boeing says Dreamliner reliability better but ‘not satisfactory’
OSLO (Reuters) – The reliability of Boeing’s pioneering 787 Dreamliner jet is improving but is still not satisfactory, the planemaker’s top official in charge of keeping the jet flying said on Friday.
