As Fed chair, Yellen unlikely to let big banks off the hook
WASHINGTON (Reuters) – Big banks hoping for a break from the U.S. Federal Reserve’s tough line on regulation will be disappointed by Janet Yellen, President Barack Obama’s choice to lead the central bank.
Airbus clinches landmark jet order with Japan Airlines
(This October 7 story has been filed again to correct typographical spelling error of ‘Rolls-Royce’ in paragraph 24.)
Grave digger to gold digger: Singapore business shifts feed governance worries
SINGAPORE (Reuters) – A funeral parlor switches into gold mining; a steel trader turns into a property developer; and a food packaging firm ventures into resources.
U.S. cities bringing in more revenues, building reserves
WASHINGTON (Reuters) – The financial clouds that settled over U.S. cities during the 2007-09 recession are lifting, with a survey released on Thursday showing cities’ revenues likely increased in 2013 for the first time in seven years, helping to boost…
Exclusive: Alibaba decides against Hong Kong IPO, not yet committed to other exchange – CEO
HANGZHOU, China (Reuters) – Chinese e-commerce company Alibaba Group Holding Ltd has decided not to list its shares in Hong Kong, but has not yet committed to listing on any other exchange, including the New York Stock Exchange, CEO Jonathan Lu told Re…
Eurogroup head cancels IMF trip due to Dutch budget talks
AMSTERDAM (Reuters) – Dutch finance minister and Eurogroup head Jeroen Dijsselbloem pulled out of annual IMF meetings in Washington on Thursday to deal with threats at home to the governing coalition’s budget strategy.
Regency Energy Partners to buy PVR Partners for $5.6 billion
(Reuters) – Natural gas pipeline operator Regency Energy Partners LP will buy rival PVR Partners LP for $5.6 billion, including debt, giving it a foothold in the prolific Marcellus and Utica shale fields.
McDonald’s names new CEO for German division
FRANKFURT (Reuters) – McDonald’s Corp said it has appointed a new head of its German operations, as the world’s largest restaurant chain grapples with a downturn in consumer spending in Europe.
Norwegian airline to check second 787, ILFC pressures Boeing
OSLO (Reuters) – Budget airline Norwegian Air Shuttle plans to take its second Boeing Dreamliner out of operation for precautionary checks after repeated hydraulic and electrical faults led to the grounding of its other one.
China signs second-biggest swap line with ECB
BEIJING/FRANKFURT (Reuters) – China accelerated plans to internationalize its currency on Thursday by agreeing to swap euros and yuan with the European Central Bank in a deal that is set to be China’s second-largest to date.
