EADS, fearing exports will be poached, offers to help core buyers
SEVILLE, Spain (Reuters) – Europe’s Airbus pledged on Monday to help address financial difficulties faced by core European buyers of its A400M airlifter, as it tries to prevent some of the countries poaching its own exports by reselling aircraft they c…
Fiat CEO hopes IPO process will give clear valuation of Chrysler
L’AQUILA, Italy (Reuters) – The process of selling Chrysler shares on the New York Stock exchange should shed light on the U.S. carmaker’s value, Fiat and Chrysler Chief Executive Sergio Marchionne said on Thursday as he tries to seal a deal for the gr…
Daimler mulls new North America plant: magazine
FRANKFURT (Reuters) – Germany’s Daimler AG may build a new factory in North America if demand for compact cars picks up, the head of production and procurement at Mercedes-Benz Cars was quoted saying by a German car magazine.
Exclusive: Intellectual Ventures curbs patent buying amid fund-raising effort
SAN FRANCISCO (Reuters) – Intellectual Ventures, a multi-billion-dollar firm that virtually invented a new market for patents and inventions, has curtailed its patent buying in the past few months, according to sources familiar with its patent market a…
U.S. planned layoffs fall 20 pct in September: Challenger
NEW YORK (Reuters) – The number of planned layoffs at U.S. firms fell 20 percent in September, even as cuts in the healthcare sector more than doubled from the prior month, a report on Thursday showed.
Vodafone CFO Halford to leave next year
LONDON (Reuters) – Britain’s Vodafone said on Thursday its chief financial officer Andy Halford will leave the group next year after the completion of its $130 billion deal to sell its U.S. wireless business to Verizon Communications Inc .
Mercedes-Benz sales jump 16 percent to all-time high in September: paper
FRANKFURT (Reuters) – Daimler’s luxury brand Mercedes-Benz sold the most cars in one month in its history in September, German paper Bild reported on Thursday.
For Lego, rising wealth means more play – and business
SINGAPORE (Reuters) – The boss of Lego Group carries two business cards – one the usual kind and the other a Lego mini-figure in his likeness, complete with beard and glasses, with contact details on the back.
Recovery in euro zone services sector picks up in September: PMI
LONDON (Reuters) – The nascent recovery in euro zone businesses strengthened in September as order books filled at a faster rate and layoffs slowed to a trickle, surveys showed on Thursday, pointing to very mild growth in the third quarter.
Italy police seize 15 million euros at Merrill Lynch in fraud probe
ROME (Reuters) – Italy’s financial police said on Thursday they had seized 15 million euros from Merrill Lynch in Milan as part of a probe into alleged fraud against the city council of Verona.
