Chesapeake hires former SEC lawyer as compliance officer
HOUSTON (Reuters) – Chesapeake Energy Corp on Monday named as chief compliance officer a lawyer the oil and gas company had previously hired to respond to an investigation by the Securities and Exchange Commission.
UK’s Co-op Bank agrees to £1.5 billion ‘bail-in’ rescue plan
LONDON (Reuters) – Britain’s Co-operative Group will force bondholders to help plug a 1.5 billion pound ($2.4 billion) capital hole, avoiding a repeat of unpopular taxpayer-funded bailouts made during the financial crisis.
Embraer launches next E-Jets to strong demand, SkyWest orders up to $9.4 billion
PARIS (Reuters) – Brazilian planemaker Embraer SA launched a bigger and more efficient lineup of commercial E-Jets at the Paris Airshow, with a robust show of demand as it pushed deeper into a segment that rival Bombardier had staked out with its new n…
EU, U.S. leaders launch free-trade talks
ENNISKILLEN (Reuters) – The United States and European Union launched negotiations on one of the world’s most ambitious free-trade agreements on Monday, promising thousands of jobs and speedier growth on both sides of the Atlantic.
Orders for big jets make a splash in Paris
PARIS (Reuters) – Big finance waded into a rain-soaked Paris Airshow with more than $10 billion in orders for jumbo passenger jets as planemakers dueled over strategy for large aircraft on Monday.
Ford looks to ride emerging market mini-SUV boom in India
CHENNAI, India (Reuters) – Ford Motor Co began shipping its locally-made EcoSport compact SUV on Monday, hoping to share in growing demand in India for mini-sport utility vehicles, which are popular due to heavy traffic, scarce parking and bumpy roads….
J&J, in new $1 billion deal, bolsters prostate-cancer role
(Reuters) – Johnson & Johnson said it would pay up to $1 billion for Aragon Pharmaceuticals and its experimental drugs for prostate cancer, bolstering J&J’s role in the field after it acquired another experimental prostate-cancer treatment four years ago that has become a leading brand.
Big investor urges Smithfield breakup over buyout
(Reuters) – Starboard Value LP revealed a major stake in Smithfield Foods Inc on Monday and urged the world’s largest pork producer to explore a breakup rather than go ahead with a planned $4.7 billion takeover by Chinese meat company Shuanghui Interna…
Exclusive: ICE to win EU approval for $8.2 billion NYSE bid – sources
BRUSSELS (Reuters) – IntercontinentalExchange (ICE) is set to win unconditional EU approval for its $8.2 billion bid for NYSE Euronext, sources said on Monday, in a deal that would strengthen its presence in the lucrative derivatives trading business.
Doric unveils $8 billion Airbus A380 order
PARIS (Reuters) – Transport financier Doric Lease Corp said it would buy 20 Airbus A380 aircraft in a deal worth $8 billion at list prices and could snap up more, putting the planemaker on track to hit its full-year order target for the superjumbo.
