VW group sales rise 4.3 percent in November, boosted by China
FRANKFURT (Reuters) – Volkswagen said on Friday its group vehicle sales rose 4.3 percent in November, boosted by strong growth in China, where sales increased 16.7 percent.
Russian central bank closes three more banks in crackdown
MOSCOW (Reuters) – Russia’s central bank said on Friday it had withdrawn the licenses of three more banks in a crackdown on shady financial activities a day after President Vladimir Putin renewed a drive to stem capital flight.
Anadarko, Kerr-McGee liable for Tronox cleanup costs: U.S. judge
NEW YORK (Reuters) – Anadarko Petroleum Corp and its Kerr-McGee unit acted with “intent to hinder” when they spun off Tronox, the paint materials company that later went bankrupt, and should pay billions of dollars in environmental cleanup costs, a jud…
Machinists reject Boeing labor contract offer
NEW YORK (Reuters) – Machinist union leaders on Thursday rejected a labor contract offer from Boeing Co that would have located production of the new 777X jetliner in Washington state, according to a Boeing statement.
Singapore says in ‘no particular hurry’ to buy Lockheed F-35 jets
WASHINGTON (Reuters) – Singapore’s Defense Minister Ng Eng Hen on Thursday said his country was seriously considering buying Lockheed Martin Corp’s F-35 fighter jet but was in “no particular hurry” to buy new jets since its F-16 fighters were still in …
Coke to split North American business into two
(Reuters) – Coca-Cola Co said it would divide its North American business into two units, as part of its plan to return to a franchise model instead of owning bottlers.
Microsoft considers Qualcomm executive as CEO candidate: report
SEATTLE (Reuters) – Microsoft Corp is considering Qualcomm Inc Chief Operating Officer Steve Mollenkopf as a candidate for its new chief executive officer, Bloomberg News reported on Thursday, as it reaches the final stages of a four-month search proce…
Boeing to move research jobs out of Washington state
NEW YORK (Reuters) – Boeing Co said on Thursday it planned to eliminate up to 1,200 jobs in Washington state and move them to other U.S. locations as it reorganizes research and development functions.
Analysis: Asia FX carry trade returns but hostage to volatility
SINGAPORE (Reuters) – The currency carry trade is making a slow comeback in Asia although, unlike its popular pre-crisis version, punters are more selective in their investment targets for fear that market volatility could leave them with losses.
Boeing wins orders worth up to $873 million for F/A-18 upgrades
WASHINGTON (Reuters) – Boeing Co has won contracts worth up to $873 million for a variety of system upgrades for its F/A-18 A/B, C/D, E/F fighter planes, and the EA-18G electronic attack planes for the U.S. Navy and allied governments, the U.S. Defense…
