Aircraft finance on cloud nine as new money pours in
DUBLIN (Reuters) – Crisis, what crisis? The good times are rolling in the aircraft finance industry as yield-hungry investors gamble on growing demand for air travel, banishing recent jitters over funding.
Emerging markets lift Procter & Gamble, Kimberly-Clark
(Reuters) – Procter & Gamble Co and Kimberly-Clark Corp , two of the world’s biggest household products makers, forecast strong sales gains in emerging markets, quelling investor fears that slowing growth in some countries would hurt their prospects.
EBay reliance on PayPal for growth lowers chances of spinoff
NEW YORK (Reuters) – EBay Inc is fighting the proposal by activist investor Carl Icahn to spin off PayPal because it views the payments service as crucial to long-term growth prospects of the e-commerce company.
Big Four firms, China in talks over corporate audit impasse: KPMG
DAVOS, Switzerland (Reuters) – In the midst of a U.S.-China quarrel over corporate auditing, the global chairman of audit giant KPMG said on Friday that a “constructive dialogue” was under way to defuse the dispute, which led days ago to U.S. sanctions…
Carrefour seals deal to buy 127 Klepierre malls
PARIS (Reuters) – France’s Carrefour said on Friday it signed a binding agreement with real estate group Klepierre to buy a portfolio of 127 shopping malls in Europe, with the deal expected to close in the first half of 2014.
Boeing bullish on Brazil despite lost fighter jet deal
SAO PAULO (Reuters) – Boeing Co says its failure to win a $4 billion-plus fighter jet deal in Brazil was a lost opportunity that will lead it to scale back planned investments in the country, although it still sees excellent opportunities in cargo, def…
Tesla Motors outlines aggressive China growth plan
BEIJING (Reuters) – U.S. electric carmaker Tesla Motors Inc expects China to contribute one-third of its global sales growth this year, a senior executive said on Friday, adding that a trademark issue stalling full-entry into China has now been resolve…
Stock funds worldwide attract $6.6 billion over week: BofA
NEW YORK (Reuters) – Fund investors worldwide poured $6.6 billion into stock funds in the week ended January 22 on optimism that stocks would push higher this year, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
No bank too big to indict, U.S. attorney general says
WASHINGTON (Reuters) – No American financial institution is too large to indict and no bank executive immune from criminal prosecution, Attorney General Eric Holder said in a television interview.
Honeywell profit beats estimates as sales rise 8 percent
(Reuters) – Honeywell International Inc reported higher-than-expected fourth-quarter profit and revenue on Friday, as sales grew across its major segments.