Vodafone may trump Liberty with $10 billion cash bid for Kabel: sources
FRANKFURT/LONDON (Reuters) – Vodafone is discussing a 7.6 billion euros ($10 billion) cash bid with Germany’s No. 1 cable operator Kabel Deutschland and is confident its offer and absence of antitrust issues put it in a better position than rival Liber…
Analysis: Half-way to lost decade, Europe’s growth task as tough as ever
LONDON (Reuters) – Half-way towards a lost decade for Europe’s economy, pessimism persists about the political will to halt a worrying slide in the region’s potential growth.
Britain says reckless bankers could face jail
LONDON (Reuters) – Bankers who are reckless with customers’ or taxpayers’ money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain’s prime minister on Wednesday.
U.S. arms companies see rising foreign demand
PARIS (Reuters) – U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing tighter budgets, encourage allies to invest more in intelligence gat…
EADS says window closed for new BAE merger attempt
PARIS (Reuters) – European aerospace group EADS said on Wednesday the window for a merger with BAE Systems was “closed”.
Leasing firm CIT orders 30 Boeing 737 MAX planes
PARIS (Reuters) – Boeing has won an order for 30 of its 737 MAX 8 aircraft worth $3 billion at list prices from leasing firm CIT Group , the two companies said at the Paris Airshow on Wednesday.
Lockheed, Mitsubushi Heavy sign deal for F-35 assembly
PARIS (Reuters) – Lockheed Martin Corp has signed a contract with Mitsubishi Heavy Industries Ltd to begin work on a final assembly and check-out plant for the F-35 Joint Strike Fighter in Japan, it said on Wednesday.
World Bank watching Fed, ready to respond
LONDON (Reuters) – The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise, its president said on Wednesday.
Bank of England, still divided, flags market impact of Fed uncertainty
LONDON (Reuters) – Bank of England policymakers acknowledged earlier this month that further market volatility could be on the way because of uncertainty about the direction of U.S. monetary policy, but came no closer to shifting their own stance.
Commerzbank to cut around 3,000 jobs by 2016: trade union
FRANKFURT (Reuters) – Germany’s trade union Verdi on Wednesday said it estimated that around 3,000 jobs will be cut at Commerzbank by 2016 under a negotiated severance deal.
