Huawei says has no plans to buy Nokia
NEW YORK (Reuters) – Chinese network equipment and cellphone maker Huawei Technologies Co said it “has no plans to acquire Nokia”, responding to a Financial Times report that it would consider buying the Finish phone maker.
G8 pledges action on tax evasion, few concrete measures
ENNISKILLEN, Northern Ireland (Reuters) – The world’s rich economies said they would take a tougher stance on fighting money laundering and tax evasion but promised little in the way of specific new action at the end of a two-day summit on Tuesday.
EasyJet plane order rekindles Airbus-Boeing subsidy row
PARIS (Reuters) – An order for more than 100 Airbus passenger jets by UK low-cost carrier easyJet has re-ignited a long-running trade spat between the European planemaker and U.S. rival Boeing .
Duke Energy turns to insider to succeed CEO Rogers
(Reuters) – Duke Energy Corp has turned to an insider, Chief Financial Officer Lynn Good, to take over as chief executive when Jim Rogers steps down as part of a regulatory settlement linked to its $18 billion takeover of Progress Energy.
U.S. court lets stand Ex-Im Bank loan for Air India
WASHINGTON (Reuters) – A U.S. appeals court on Tuesday let stand a decision by the U.S. Export-Import Bank to finance the sale of 30 Boeing wide-body jets to Air India in a legal challenge brought by Delta Air Lines .
Western Union sees $500 million online revenue by 2015: CEO
LAGOS (Reuters) – Western Union Co expects revenue from its digital business to grow to $500 million by 2015, from $150 million currently, its chief executive said on Tuesday.
U.S. court lets stand Ex-Im Bank loan for Air India
WASHINGTON (Reuters) – A U.S. appeals court on Tuesday let stand a decision by the U.S. Export-Import Bank to finance the sale of 30 Boeing wide-body jets to Air India in a legal challenge brought by Delta Air Lines .
Exclusive: Japan’s Astellas looks to sell dermatology assets – sources
NEW YORK (Reuters) – Japanese drugmaker Astellas Pharma Inc is looking to sell its dermatology portfolio, which could be worth between $500 million and $1 billion, according to three people familiar with the situation.
Boeing’s new Dreamliner steps up big jet battle
PARIS (Reuters) – Boeing launched a larger version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday, intensifying the battle with rival Airbus in the booming market for fuel-efficient, long-haul jets.
U.S. groups form alliance to push for Indian trade reforms
WASHINGTON (Reuters) – A coalition of U.S. business groups on Tuesday demanded President Barack Obama’s administration increase pressure on India to change trade policies that they said threaten U.S. exports, jobs and innovation.