Dreamliner maintenance delays flight in Poland
WARSAW (Reuters) – A Boeing 787 Dreamliner flight operated by Polish airline LOT was delayed on Friday because regular maintenance lasted longer than expected, the airline said.
Apple China Mobile launch could spark costly subsidy war
BEIJING (Reuters) – Apple Inc is finally launching its iPhone on China Mobile Ltd’s vast network on Friday, opening the door to the world’s largest carrier’s 763 million subscribers and giving its China sales a short-term jolt.
Global shares hover at highs as periphery rally grinds on
LONDON (Reuters) – European shares were hovering at 5-1/2 year highs on Friday as a third weekly gain on the spin for Portuguese and Spanish bonds fed improving sentiment in the region’s Mediterranean rim.
UK watchdog launches review into RBS’s small business lending
LONDON (Reuters) – Britain’s financial regulator has appointed two outside firms to review part-nationalized Royal Bank of Scotland’s treatment of struggling small business customers.
Nintendo heads for third consecutive annual loss as Wii U flops
TOKYO (Reuters) – Nintendo Co Ltd said on Friday that sales of its Wii U consoles had flopped, pushing it to a third consecutive annual loss and raising a question mark over its future in a home console market increasingly dominated by Sony Corp and Mi…
Lufthansa picks executive board member Spohr as new CEO: report
FRANKFURT (Reuters) – Deutsche Lufthansa , Germany’s largest airline, will appoint management board member Carsten Spohr, currently in charge of its passenger airline business, as chief executive officer, a German newspaper reported on Friday.
China bank regulator urges banks to control shadow-bank risks
HONG KONG/SHANGHAI (Reuters) – China’s banking regulator is pressuring banks to curb reliance on short-term borrowing and control risks from off-balance-sheet lending, according to a document obtained by Reuters, following two severe cash crunches in t…
Neiman Marcus computers were hacked as far back as July: NYT
(Reuters) – Hackers breached the computer networks of luxury department store chain Neiman Marcus as far back as July, an attack that was not fully contained until Sunday, the New York Times reported, citing people briefed on the investigation.
Insight: Goldman’s low-cost Utah bet buoys its bottom-line
NEW YORK (Reuters) – Goldman Sachs Group Inc has been quietly moving thousands of jobs from pricey places like New York and London to cheaper cities like Salt Lake City in recent years, and executives said on Thursday those efforts are finally starting…
China tells banks to report terror suspicions
BEIJING (Reuters) – China’s central bank told financial institutions on Friday that they had an obligation to report transactions and accounts suspected of links to terror activities, as Beijing steps up a campaign to clamp down on suspected militants …
