ILFC to place $5 billion order for 50 Airbus jets: sources
PARIS (Reuters) – International Lease Finance Corp is set to place an order for 50 Airbus A320neo narrowbody jets worth $5 billion at list prices, industry sources said on Sunday.
French business lobby adopts new guidance on “say on pay”
PARIS (Reuters) – The French business lobbies Afep-Medef have adopted a new “business code” recommending wider adoption of “say on pay” measures that give shareholders a bigger say on top management pay packages, the groups said in a statement on Sunda…
GM expands SUV recall to 480,000 for fire risk
(Reuters) – General Motors Co is recalling about 231,000 sport utility vehicles that might be in danger of an electrical short that could cause a fire.
Jet engine makers battle over performance
PARIS (Reuters) – Engine makers for next-generation Airbus and Boeing narrow-body jets stepped up their war of words on Sunday, claiming their new power plants will burn less fuel than current models plus last longer without maintenance and create less…
Analysis: Fed-induced selloff has investors hunting for bargains
By Luciana Lopez, Sam Forgione and Gertrude Chavez-Dreyfuss
Boeing’s Conner says battery didn’t slow other programs
PARIS (Reuters) – Boeing’s extraordinary effort to solve battery problems that hit the 787 Dreamliner early this year did not disrupt progress on other aircraft programs, which remain on schedule.
From the ashes of Webvan, Amazon builds a grocery business
SAN FRANCISCO (Reuters) – The online grocery start-up Webvan may have been the single most expensive flame-out of the dot-com era, blowing through more than $800 million in venture capital and IPO proceeds in just over three years before shutting its d…
Insight: Withdrawal syndrome sparks anxiety for Fed
(Reuters) – When do you take the addict off the methadone?
Saudi Arabia plans to block WhatsApp within weeks: report
DUBAI (Reuters) – Saudi Arabia plans to block Internet-based communication tool WhatsApp within weeks if the U.S.-based firm fails to comply with requirements set by the kingdom’s telecom regulator, local newspapers reported this week.
Paul Soros, shipping titan and older brother to George Soros, dies at 87
NEW YORK (Reuters) – Paul Soros, a shipping magnate, philanthropist and older brother of billionaire investor George Soros, died on Saturday at age 87, his son said.