Deutsche Telekom offers T-Mobile USA bonds worth $3.1 billion
FRANKFURT (Reuters) – Deutsche Telekom said on Tuesday is was offering a portion of the T-Mobile USA bonds from its holdings worth $3.1 billion.
Exclusive: EU lawyers warn of limits in building banking union
LONDON/ BRUSSELS (Reuters) – Parts of Europe’s proposals for a banking union may fall foul of European Union law, lawyers have said in a fresh setback to plans aimed at strengthening the financial system after the debt crisis.
Mizuho’s top management knew of organized crime loans
TOKYO (Reuters) – Officials at Mizuho Financial Group , Japan’s second-biggest bank, admitted top management knew at least three years ago about loans to criminal groups, highlighting the entrenched position of organized crime in the Japanese business …
U.S. hopeful of Asia trade deal by year-end, eyes December meeting
NUSA DUA, Indonesia (Reuters) – The United States expressed hope on Tuesday it could seal an ambitious trade pact by year-end despite resistance from some countries and the absence of President Barack Obama from a regional summit that was to iron out d…
Airbus versus Boeing Japan battle switches to ANA
SINGAPORE/TOULOUSE (Reuters) – Stung by the loss of a multi-billion dollar jet order from Japan Airlines to arch-rival Airbus , Boeing will mount a all-out defense of its position with Japan’s other major airline, ANA, a source close to the U.S. planem…
Xerox says SEC investigating accounting practices at ACS
(Reuters) – Xerox Corp said the U.S. Securities and Exchange Commission is investigating certain accounting practices at Affiliated Computer Services, which it bought in 2010 for $5.5 billion.
U.S. small business confidence dips, but improving trend remains
WASHINGTON (Reuters) – U.S. small business optimism slipped in September as business owners worried about the economy’s near-term outlook, but remained fairly upbeat on sales and expansion prospects.
U.S. debt worries weigh on shares, dollar off lows
LONDON (Reuters) – Signs of progress on the fiscal standoff in Washington helped lift the dollar off an eight-month low on Tuesday, but lingering fear of any U.S. debt default weighed on world shares and oil.
Ford comes from behind in China to stun Japanese rivals
BEIJING (Reuters) – Ford Motor Co is poised to overtake its Japanese rivals on the top seller’s list in China as Toyota Motor Corp and Honda Motor Co struggle to regain market share following a flare up in anti-Japanese sentiment a year ago.
Top U.S. bankers warn against prioritizing interest payments: WSJ
(Reuters) – Top U.S. bankers have warned the Obama administration and Republican lawmakers that any move to pay interest on debt before obligations such as Social Security and payments to veterans would pose severe risks to financial markets and the ec…
