Bombardier gets order for 30 more Learjet 85 aircraft from Flexjet
(Reuters) – Bombardier Inc said Flexjet LLC has placed a new firm order for 30 Learjet 85 aircraft, adding to a previous order of 30, as part of its deal to buy up to 245 Bombardier jets.
U.S. high court declines to hear privacy lawsuit against Thomson Reuters
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to consider whether a unit of Thomson Reuters Corp can obtain and sell information on drivers provided by state agencies without violating a federal privacy law.
Siemens wins dismissal of U.S. lawsuit alleging Asia bribery
NEW YORK (Reuters) – A U.S. judge has thrown out a lawsuit accusing Germany’s Siemens AG of funneling kickbacks to Chinese and North Korean hospital officials, narrowing the ability of plaintiffs to use U.S. courts to sue over conduct outside the count…
Airbus says A350 tests going well, delivery on track
TOULOUSE, France (Reuters) – Flight trials for Airbus’s latest passenger jet, the A350, are going well and it is sticking to its target of delivering the first of the lightweight jets in the second half of 2014, programme chief Didier Evrard said.
Higher rates fail to boost demand at Fed’s reverse repo test
NEW YORK (Reuters) – The U.S. Federal Reserve on Monday doubled the interest rate on overnight loans it pays Wall Street dealers and money market funds, but it did not generate much additional interest from them.
Business jet sales to top $18 billion as buyers seek bigger planes
NEW YORK (Reuters) – Sales of business jets are expected reach $18.4 billion this year, up about 8 percent from last year, a sign of further economic strengthening despite some pockets of weakness notably in Asia, according to a forecast by Honeywell A…
Surge in auto production impairs quality of parts: Ford executive
Dearborn, Michigan (Reuters) – The recent surge in U.S. auto production is hurting vehicle quality because automotive parts suppliers have less time to fix problems that emerge on the line, Ford Motor Co’s new global purchasing chief told reporters on …
BNP Paribas confirms ‘limited’ Shinhan share sale
HONG KONG/PARIS (Reuters) – BNP Paribas , France’s largest bank, said on Monday it planned to sell a “limited” part of its stake in South Korean lender Shinhan Financial Group Co Ltd while keeping their strategic partnership intact.
Ex-trader Hayes allegedly conspired with 22 others, UK court hears
LONDON (Reuters) – Tom Hayes, a former UBS and Citigroup trader, allegedly conspired with 22 others to manipulate Libor benchmark interest rates, a London court heard on Monday.
Caesars exits Boston casino project, says unit under federal probe
(Reuters) – Caesars Entertainment Inc is pulling out of a $1 billion casino joint venture in Boston and said a subsidiary was subject to a federal grand jury investigation into money laundering.
