German finance minister says no more risks of contagion in euro zone
BERLIN (Reuters) – German Finance Minister Wolfgang Schaeuble said on Saturday that there were no longer any risks of contagion in the euro zone, and Greek Prime Minister Antonis Samaras stressed his country did not need a further bailout.
Peugeot’s CEO prepares to step aside for Dongfeng deal: sources
PARIS/BEIJING (Reuters) – PSA Peugeot Citroen is interviewing candidates to replace Chief Executive Philippe Varin, after Chinese partner Dongfeng said a deeper alliance under negotiation should be accompanied by management change, sources with knowled…
ECB can take further action if necessary: board member Asmussen
BERLIN (Reuters) – European Central Bank Executive Board member Joerg Asmussen said on Saturday the ECB, which cut interest rates to a record low earlier this month, was ready to take further action if necessary and instruments at its disposal included…
Indian units of Pfizer and Wyeth to merge
MUMBAI (Reuters) – Pfizer Ltd , the Indian unit of U.S. drug maker Pfizer Inc , is to take over local affiliate Wyeth Ltd , they said on Saturday after their boards approved the deal.
Brazil awards $9 billion of airport deals, prepping Rio for Olympics
SAO PAULO (Reuters) – Brazil opened two of its busiest airports to private investors on Friday, awarding $9 billion worth of contracts in a hotly contested auction as the country overhauls crowded terminals ahead of the 2014 World Cup and 2016 Olympics…
Apache talking with Argentina about selling assets: sources
NEW YORK/BUENOS AIRES (Reuters) – Apache Corp is in talks with Argentina’s state-controlled energy company YPF about a possible sale of its assets in the South American country, sources told Reuters on Friday.
Sotheby’s top auctioneer leaving amid investor pressure
(Reuters) – Tobias Meyer, Sotheby’s chief auctioneer, is leaving the auction house, the company said on Friday, just a week after Sotheby’s recorded the highest sale in its history.
Wall Street can cheer going into Thanksgiving Day
NEW YORK (Reuters) – Wall Street set another record this week, and the rally that has taken the S&P 500 index nearly 30 percent higher for the year shows no sign of losing steam as Americans prepare to celebrate the Thanksgiving holiday.
ECB rates to remain low, could be cut further: Coeure
PARIS (Reuters) – Low inflation means the European Central Bank plans to keep interest rates at current low levels or may even cut them further, ECB Executive Board member Benoit Coeure said on Saturday.
JAL pulls Dreamliner from two int’l routes after engine problem
TOKYO (Reuters) – Japan Airlines (JAL) said on Saturday it will pull Boeing 787 Dreamliners from two international routes after the U.S. aircraft maker notified it of icing problems in engines produced by General Electric .
