Insight: Revenge of the Irish as mega-merger restores air finance crown
SHANNON (Reuters) – Twenty years after the spectacular collapse of Irish tycoon Tony Ryan’s plane leasing empire, the Emerald Isle has restored its grip on the world’s aircraft fleet with a mega-merger that could pave the way for a wave of multi-billio…
China’s 2013 economic cooldown marks shift to less heady growth
BEIJING (Reuters) – China’s economy likely grew in 2013 at its weakest rate in 14 years due to a deceleration in the fourth quarter as a result of flagging investment and demand, heralding more sober times ahead.
Investment bank UBS to outsource fixed income trading platform
(Reuters) – Swiss bank UBS will begin outsourcing its fixed income trading platform to two technology groups in an attempt to save costs, a source told Reuters.
Deflation ‘ogre’ probably won’t come to life
LONDON (Reuters) – Talk that some of the world’s major developed countries are flirting with deflation, a damaging and sustained spiral of falling prices, probably won’t turn to reality, according to the consensus of market economists.
Saudi says doubles number of citizens in private sector jobs
RIYADH (Reuters) – Saudi Arabia has doubled the number of its citizens working for private companies in the 30 months since it introduced wide-ranging reforms to tackle long-term unemployment, Labour Minister Adel al-Fakeih said on Sunday.
Minister pledges Peugeot to stay French after fundraising
PARIS (Reuters) – France’s finance minister pledged to make sure PSA Peugeot Citroen stays French, hours before a supervisory board meeting on Sunday to consider a fundraising that is likely to change the ownership structure of the loss-making carmaker…
German watchdog plans to step up FX probe at Deutsche: report
FRANKFURT (Reuters) – Germany’s top banking watchdog plans to intensify its probe into possible manipulation of benchmark foreign exchange rates at Deutsche Bank by launching a so-called special investigation, magazine Der Spiegel reported on Sunday.
Analysis: U.S. bankers voice new optimism as businesses line up for loans
NEW YORK (Reuters) – Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the U.S. economy.
Insight: Europe’s utilities squeezed by creeping nationalization
PARIS (Reuters) – Vattenfall unplugged! With flyers, posters and an animated film of a bear disconnecting the Swedish utility that operates the Berlin electricity grid, campaigners tried to convince voters to put power distribution back in public hands…
Fukushima’s operator says spin-off an option only for the future
TOKYO (Reuters) – Spinning off the clean-up project at Japan’s wrecked Fukushima nuclear plant from the rest of operator Tokyo Electric Power’s business could be an option in the future if the decommissioning runs smoothly, the company’s president said…
