Euro zone rebound weaker than hoped: ECB’s Nowotny
VIENNA (Reuters) – The economic situation in the euro zone has started to improve but is still weaker than the European Central Bank had hoped, ECB Governing Council member Ewald Nowotny said on Monday.
Markets reward China’s reform ambition, await follow-up
HONG KONG/BEIJING (Reuters) – Investors rewarded Beijing on Monday for its ambitious reform plan, sustaining a stocks rally led by consumer goods shares seen as direct beneficiaries of the promised easing of China’s one-child policy and efforts to boos…
New Libyan airline orders seven Airbus jets
DUBAI (Reuters) – A new Libyan full service airline, Libyan Wings, was launched at the Dubai Airshow on Monday, and it signed a memorandum of understanding to buy seven Airbus aircraft.
Airbus signs parts deal with Abu Dhabi fund
DUBAI (Reuters) – Airbus on Monday agreed a new deal to expand its partnership agreement with Mubadala , the Abu Dhabi investment fund with a mandate to develop the emirate’s local economy.
U.S. Fed’s Rosengren says bank lending is robust
ABU DHABI (Reuters) – Capital ratios at U.S. banks have strengthened and bank lending is quite strong, a top U.S. central banker said on Monday.
Private equity firm Advent offers $1.58 billion cash for UNIT4
AMSTERDAM (Reuters) – Private equity firm Advent International has made a cash offer of 1.17 billion euros ($1.58 billion) for UNIT4 NV , the Dutch business software company said on Monday.
U.S. Fed’s Rosengren advocates streamlining bank capital rules
ABU DHABI (Reuters) – U.S. regulators should consider streamlining rules now being adopted that force big banks to hold more capital, a top Federal Reserve official said on Monday.
SAC Capital’s Steinberg faces insider trading trial
NEW YORK (Reuters) – A trial starting this week will provide a window into what prosecutors have called a decade-long insider trading scheme at Steven A. Cohen’s once-powerful SAC Capital Advisors hedge fund.
Wal-Mart finds safety issues at Bangladesh factories
(Reuters) – Wal-Mart Stores Inc said it has found safety problems at some of the factories in Bangladesh with which it does business, and that most of those factories have since made improvements.
ANA replaces 787 battery charger after fault warning
TOKYO (Reuters) – Japan’s ANA Holdings Inc , which operates the world’s biggest fleet of Boeing Co 787 Dreamliners, said it had to replace a main battery charger on one of the composite jets after maintenance crews detected a possible fault.
