Sweden sells remaining stake in Nordea for $3.4 billion
STOCKHOLM (Reuters) – The Swedish state has sold its remaining 7 percent stake in Nordea, the region’s biggest bank, giving the center-right coalition government another 21.6 billion crowns ($3.4 billion) to deploy in the national budget ahead of next …
Amazon unveils new tablets with live video helpdesk
SEATTLE (Reuters) – Amazon.com Inc unveiled two new high-definition tablets on Tuesday with a unique on-screen helpdesk feature it hopes will give it an advantage over devices from rivals Apple Inc and Google Inc.
Boeing executives meet Norwegian Air after Dreamliner breakdowns
OSLO (Reuters) – Norwegian Air Shuttle will meet U.S. plane maker Boeing executives in Oslo on Wednesday to discuss the repeated technical problems with its two Dreamliners.
Wall Street wistful about New York life without Mayor Bloomberg
NEW YORK (Reuters) – When Michael Bloomberg steps down as New York City mayor at the end of the year, few constituencies will miss him as much as Wall Street.
Tokyo Electron takeover could be a mold-breaker for Japan
TOKYO (Reuters) – Applied Materials Inc’s $10 billion acquisition of Tokyo Electron Ltd is more than just a milestone foreign takeover in Japan – it’s a rare forward-looking deal in a country where selling to an overseas rival is usually a last resort….
GM’s Opel to invest 130 million euro in German car parts plant
FRANKFURT (Reuters) – General Motors’ loss-making European brand Opel is investing 130 million euros ($175.4 million) in its German engine and parts plant in Kaiserslautern to buy new tooling and machinery, Opel said in a statement on Wednesday.
Schaeuble urges quick coalition deal, cites banking union
BERLIN (Reuters) – Finance Minister Wolfgang Schaeuble said on Wednesday that he would prefer to avoid long drawn-out negotiations on forming a new German government, in part because of outstanding European issues like banking union that need to be res…
Dollar slips, shares weak as U.S. budget worries weigh
LONDON (Reuters) – The dollar fell and world shares held near a one-week low on Wednesday as concerns over a potential government shutdown in Washington and mixed signals on U.S. monetary policy kept investors on edge.
SocGen toxic assets down 600 million euro since June
PARIS (Reuters) – French bank Societe Generale has cut its toxic-asset portfolio by an estimated 600 million euros ($810 million) since June, according to a presentation posted on the lender’s website on Wednesday.
TUI restarts Egypt trips after Germany relaxes travel advice
FRANKFURT (Reuters) – TUI Germany, part of Europe’s largest tour operator TUI Travel , is restarting holidays to Egypt with immediate effect after the German foreign ministry relaxed its travel advice for the country.
