Bids submitted for American Airlines Reagan National slots: sources
(Reuters) – Airlines have submitted bids seeking to purchase takeoff and landing rights at Reagan National Airport that American Airlines Group is required to sell under an agreement with the U.S. government, two sources familiar with the matter said.
France’s Total joins shale gas hunt in Britain
MELBOURNE (Reuters) – Total has agreed to invest up to $48 million for a stake in shale licenses in Britain, the first major oil company to back the industry in a country seen as one of Europe’s strongest prospects for unconventional oil and gas develo…
Exclusive: More well-known U.S. retailers victims of cyber attacks – sources
BOSTON/WASHINGTON (Reuters) – Target Corp and Neiman Marcus are not the only U.S. retailers whose networks were breached over the holiday shopping season last year, according to sources familiar with attacks on other merchants that have yet to be publi…
Regulators ease new bank rule on leverage to aid economy
LONDON (Reuters) – Global banking regulators agreed on Sunday to ease the way a new rule, meant to rein in risky balance sheets from 2018, is compiled to try to avoid crimping financing for the world’s economy.
New CEO Barra a GM ‘lifer’ bent on tearing down walls
DETROIT (Reuters) – Mary Barra, the next CEO of General Motors Co , sent a powerful message to colleagues last year when she challenged about 250 designers and engineers at GM’s Vehicle Engineering Center – to a paper sailboat race.
Sexy performance meets ‘green’ ethic at Detroit auto show
DETROIT (Reuters) – To look over the roster of racy new and future vehicles at the 2014 North American International Auto Show here, the initial impression is that U.S., European and Asian automakers want to turn back the clock to a time when performan…
Analysis: Detroit automakers face test of leadership in 2014
DETROIT (Reuters) – General Motors Co named a new chief executive, Ford Motor Co kept its old leader and Chrysler Group LLC’s CEO averted a divisive public offering. And that was just in the last 30 days.
Global auto sales forecast rosy, with reservations, for 2014
DETROIT (Reuters) – Automakers are upbeat about global auto sales this year despite fears of a slowdown in the United States, which generates big profits and where sales have surged 50 percent since the recession.
Li & Fung to start factory safety consulting unit: WSJ
(Reuters) – Li & Fung Ltd plans to launch a unit that consults on factory safety in the aftermath of a 2012 fire in a garment plant in Bangladesh that killed 112 workers, the Wall Street Journal reported on Sunday.
China says to strengthen supervision of IPOs
SHANGHAI (Reuters) – China will strengthen its supervision over initial public offerings (IPOs), the securities regulator said late on Sunday, two days after a small drug maker postponed its share sale saying it was “too big”.