Shell, BP consider selling Australian refineries, petrol stations: AFR
SYDNEY (Reuters) – Royal Dutch Shell and BP are considering the sale of refineries and petrol stations in Australia to free up cash, the Australian Financial Review reported on Tuesday.
Airbus outsold Boeing in 2013: sources
PARIS (Reuters) – European plane-maker Airbus won its annual order race with U.S. rival Boeing in 2013, industry sources said.
T-Mobile to buy Verizon spectrum for $3.3 billion, eyes more purchases
(Reuters) – T-Mobile US Inc is buying wireless airwave licenses from Verizon Wireless to improve its high-speed network in a $3.3 billion deal and said it hopes to follow up with more spectrum purchases.
Trial to focus on trades by SAC’s Cohen
NEW YORK (Reuters) – A trial starting this week over what U.S. prosecutors call the most lucrative insider trading scheme ever will likely delve into the trading activity of Steven A. Cohen, founder of the SAC Capital Advisors hedge fund.
Xbox One sales top 3 million, no new Sony data
SEATTLE (Reuters) – Microsoft Corp said on Monday that sales of its new Xbox One game console topped three million at the end of last year after launching in November.
New regulator Watt signals shift in U.S. housing policy
WASHINGTON (Reuters) – Mel Watt, who was sworn in on Monday to head the agency that regulates mortgage finance firms Fannie Mae and Freddie Mac , has signaled a new approach to U.S. housing policy that will put more of an emphasis on ensuring access to…
EU bank trading plan stops short of U.S. Volcker Rule
LONDON (Reuters) – Banks in the European Union face limits on taking market bets with their own money under a draft EU proposal that represents a central plank of attempts to prevent a repeat of the financial crisis of 2007 to 2009.
Boeing delivers record 648 jets in 2013; likely top planemaker
(Reuters) – Boeing Co delivered a record 648 jetliners in 2013, beating its own target and likely securing its place as the world’s biggest plane maker for the second year in a row.
New city car helps Opel increase European market share
FRANKFURT (Reuters) – General Motors brands Opel and Vauxhall increased their market share in Europe in 2013, as sales of the new Adam city car helped counter a declining auto market.
EU says industrial energy users coping well with U.S. price gap
BRUSSELS/LONDON (Reuters) – Industrial energy consumers in the European Union have dealt well with a large energy price differential to peers in the United States but should remain concerned about high prices, the EU executive said in a draft policy pa…
