Dollar, shares subdued as Fed keeps markets on edge
LONDON (Reuters) – Global markets mostly stuck to tight ranges on Tuesday, with uncertainty about the future of the U.S. monetary stimulus program keeping investors on edge as the Federal Reserve prepared to meet.
Japan’s Nikkei seen rising 51 percent in 2013: Reuters poll
TOKYO (Reuters) – Japan’s Nikkei will rise 51 percent in 2013 on expectations of higher company earnings, driven by a weaker yen after Prime Minister Shinzo Abe embarked on radical fiscal and monetary expansionary policies to spur growth, a Reuters pol…
European car sales hit 20-year low for May as key markets suffer
BERLIN (Reuters) – European car sales last month plunged to the lowest level in two decades for May, further eroding manufacturers’ hopes for a recovery this year.
Third Point ups Sony stake, calls for independent entertainment board
TOKYO (Reuters) – New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony’s CEO, Kazuo Hirai, as its chairman….
Boeing launches 787-10 with $30 billion of orders
PARIS (Reuters) – Boeing launched the 787-10 version of its flagship Dreamliner aircraft at the Paris Airshow on Tuesday with 102 firm orders worth nearly $30 billion at list prices.
Airbus clinches $11 billion easyJet order
LONDON (Reuters) – Airbus clinched a deal on Tuesday worth about $11 billion to supply British budget airline easyJet with 135 planes, dealing a blow to its U.S. rival Boeing .
Pratt sees 1,000 geared turbo fan orders at show
PARIS (Reuters) – Pratt & Whitney said on Tuesday that it expects to log 1,000 orders for its geared turbo fan aircraft engine at the Paris Airshow, adding to a backlog of 3,500 engines.
Analysis: Companies may turn to courts on U.S. natural gas export push
WASHINGTON (Reuters) – U.S. companies hoping to export natural gas are frustrated by lengthy delays and rule changes as they await U.S. Department of Energy approval of their applications and may turn to the courts to speed up the process.
Airlines’ performance improves, lags other industries: U.S. poll
(Reuters) – U.S. consumers are more satisfied with airlines in recent years but the industry still gets relatively low marks, mainly due to the onboard experience, according to a new customer poll released on Tuesday.
Insight: Why Citi wants to rack up U.S. taxes
(Reuters) – Over the past few years, Citigroup Inc has been grappling with an unusual problem – how to incur more U.S. taxes.
