In landmark for EU, Ireland leaves its bailout behind
DUBLIN (Reuters) – Three years after going cap in hand to international lenders to avert bankruptcy, Ireland has officially ended its bailout in a landmark for the euro zone’s efforts to resolve its debt crisis.
Insight: Europe faces moment of truth on banks, with flawed defenses
BRUSSELS (Reuters) – Europe’s banks face a moment of truth next year when health checks will spell out the repairs they need.
Honda recalls 19,197 Acura MDX SUVs in U.S.
DETROIT (Reuters) – Honda Motor Co is recalling 19,197 of its model year 2014 Acura MDX luxury sport utility vehicles in the United States due to potential problems with propeller shafts, the company and U.S. government regulators said on Friday.
Simon Property to spin off smaller malls into REIT
(Reuters) – Simon Property Group Inc, the largest owner of U.S. malls and outlet centers, will spin off its strip malls and smaller shopping centers into a publicly traded REIT to focus on its larger retail properties.
China to keep policy and growth steady in 2014, push reform
BEIJING (Reuters) – China’s leaders pledged to maintain stable economic policies to achieve reasonable economic growth in 2014 while forging ahead with reforms, as they wrapped up a closed-door meeting on Friday, state radio reported.
Fed taper concern boosts dollar, weigh on stocks
LONDON (Reuters) – Global equities headed for their biggest two-week drop since June and the dollar hit 5-year highs against the yen on Friday amid concern the U.S. Federal Reserve could start scaling back its stimulus as early as next week.
UK central bank chief Carney sees deal in 2014 over shouldering bank losses
PARIS (Reuters) – Governments will reach an agreement next year on the pecking order for shareholders and bond investors to take losses when a bank fails, Mark Carney chairman of the UK’s Financial Stability Board and head of the central bank, said on …
Las Vegas Sands abandons Madrid mega-casino project
MADRID (Reuters) – U.S. casino operator Las Vegas Sands said on Friday it was abandoning plans to invest over $30 billion in a gambling resort outside Madrid, a major blow to the capital as Spain tries to restart its economy after a five-year slump.
Machinists reject second Boeing labor contract offer
NEW YORK (Reuters) – Machinist union leaders on Thursday rejected a second offer from Boeing Co covering production of its new 777X jetliner, which the firm wants to build in Washington state.
Euro zone employment shows no change in third quarter
BRUSSELS (Reuters) – The number of people with jobs in the euro zone was unchanged for the second consecutive quarter in the three months to September, showing the bloc’s economic recovery has not yet filtered through to the labor market.
