Lufthansa accepts first Boeing 777 freight plane after repair
FRANKFURT (Reuters) – Boeing has handed over to Lufthansa its first Boeing 777F freighter plane after the aircraft maker had to carry out last-minute minor repairs to the left wing, a spokesman for Lufthansa’s cargo unit said on Friday.
Richemont rules out divestments as growth picks up
ZURICH (Reuters) – Luxury goods group Richemont has decided not to sell underperforming businesses such as leather goods maker Lancel in part because it couldn’t get a good enough price, disappointing analysts’ hopes for a quick solution.
Audi says October sales up 6.7 percent on compact car demand
BERLIN (Reuters) – Germany’s Audi said sales in October increased 6.7 percent compared to the same month a year earlier to 131,950 luxury cars and sport-utility vehicles on demand for the compact A3 and Q3 models.
Boeing warns Seattle could lose 777X if deal rejected
(Reuters) – Boeing said on Friday it was ready to re-examine alternative sites for its newest jet if assembly workers and local politicians do not ratify plans to build it in the Seattle area, its traditional manufacturing base.
Dollar firms against euro after ECB cut and U.S. jobs data ahead
LONDON, date (Reuters) – The dollar was near a seven-week high on Friday as markets awaited their monthly serving of U.S. jobs data and reassessed the euro after the European Central Bank’s surprise rate cut and S&P’s rating downgrade for France.
S&P lowers France credit rating, cites slow reform pace
PARIS (Reuters) – Standard & Poor’s cut France’s sovereign credit rating on Friday by one notch to AA from AA+, giving a thumbs-down to President Francois Hollande’s efforts to put the euro zone’s second largest economy back on track.
DuPont, with Deere & Co, to roll out precision farming program
(Reuters) – DuPont Pioneer, the agricultural seed unit of DuPont , said Friday that it has aligned with farm machinery company Deere & Co in a race against rival Monsanto Co to provide farmers with enhanced “precision agriculture” analyses aimed at maximizing crop production.
ENI demands $10 billion from Statoil in arbitration: report
OSLO (Reuters) – Italian energy firm ENI is demanding 60 billion Norwegian crowns ($10.1 billion) from Statoil , claiming it overcharged for natural gas over several years, Norwegian business daily Dagens Naeringsliv said on Friday.
UBS buys Stabfund from SNB for $3.762 billion
ZURICH (Reuters) – Swiss bank UBS has bought back the stabilization fund set up five years ago to bail out the bank during the financial crisis, for $3.762 billion, the Swiss National Bank (SNB) said on Friday.
More than 50 arrested at Los Angeles protest over Wal-Mart wages
LOS ANGELES (Reuters) – More than 50 people demanding better wages for Wal-Mart workers in a protest organized by a union activists were arrested outside the retailer’s store in the Chinatown section of Los Angeles on Thursday night.
