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XmlTextReuters: Business News
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XmlTexthttp://www.reuters.com
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XmlTextReuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
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XmlTextAll rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks or trademarks of the Reuters group of companies around the world. © Reuters 2013
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XmlTextWed, 19 Jun 2013 14:09:31 GMT
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XmlTextWed, 19 Jun 2013 14:09:31 GMT
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XmlTextReuters: Business News
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uri reuters/businessnews
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XmlTextBritain says reckless bankers could face jail
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XmlTextLONDON (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.
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XmlTextWed, 19 Jun 2013 13:59:17 GMT
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XmlTextWall St. dips after recent rally as Fed statement looms
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XmlTextNEW YORK (Reuters) - Stocks dipped modestly at the open on Wednesday, but held on to most of their gains over the last two days, ahead of a highly anticipated Federal Reserve statement and news conference.

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XmlTextU.S. arms companies see rising foreign demand
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XmlTextPARIS (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 gathering and aerial refueling equipment.
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XmlTextWed, 19 Jun 2013 13:50:24 GMT
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XmlTextOrders top $100 billion as Ryanair gives Boeing a boost
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XmlTextPARIS (Reuters) - Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets.

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XmlTextWed, 19 Jun 2013 13:45:13 GMT
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XmlTextEADS says window closed for new BAE merger attempt
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XmlTextPARIS (Reuters) - European aerospace group EADS said on Wednesday the window for a merger with BAE Systems was "closed".

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XmlTextFedEx shares dip on growth concerns
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XmlText(Reuters) - FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.

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XmlTextWed, 19 Jun 2013 13:12:50 GMT
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XmlTexthttp://www.reuters.com/article/2013/06/19/us-fedex-results-idUSBRE95I0O220130619?feedType=RSS&feedName=businessNews
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XmlTextLeasing firm CIT orders 30 Boeing 737 MAX planes
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XmlTextPARIS (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.

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XmlTextWed, 19 Jun 2013 13:02:28 GMT
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XmlTextTesla recalls some Model S cars due to seat-mount defect
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XmlText(Reuters) - Electric car maker Tesla Motors Inc said it is recalling 1,228 of its 2013 Model S cars manufactured between May 10 and June 8 due to a defect in the mounting bracket of the rear seat.

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XmlTextWed, 19 Jun 2013 12:53:10 GMT
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XmlTextLockheed, Mitsubushi Heavy sign deal for F-35 assembly
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XmlTextPARIS (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.
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XmlTextVodafone may trump Liberty with $10 billion cash bid for Kabel: sources
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XmlTextFRANKFURT/LONDON (Reuters) - Vodafone is discussing a bid of about $10 billion with Germany's No. 1 cable operator Kabel Deutschland and is confident its raised all-cash offer and absence of antitrust issues put it in a better position than rival Liberty Global, two sources familiar with its thinking said on Wednesday.
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XmlTextWed, 19 Jun 2013 12:01:24 GMT
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XmlTextWorld Bank watching Fed, ready to respond
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XmlTextLONDON (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.
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XmlTextWed, 19 Jun 2013 11:53:23 GMT
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XmlTextBank of England, still divided, flags market impact of Fed uncertainty
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XmlTextLONDON (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.

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XmlTextCommerzbank to cut around 3,000 jobs by 2016: trade union
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XmlTextFRANKFURT (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.

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XmlTextObama says U.S. EU free trade deal can boost jobs and growth
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XmlTextBERLIN (Reuters) - President Barack Obama said on Wednesday a free trade agreement between the United States and the European Union could boost jobs and growth on both sides of the Atlantic and he also stressed the need for economic structural reforms.
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XmlTextAirbus wins A350 order from Air France-KLM
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XmlTextPARIS (Reuters) - Airbus sealed a long-awaited order for 25 A350-900 aircraft from Air France-KLM worth $7.2 billion at list prices after Rolls-Royce and the airline reached a deal over engine maintenance.

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XmlTextMortgage applications tumble as rates rise further: MBA
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XmlTextNEW YORK (Reuters) - Interest rates on home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, data from an industry group showed on Wednesday.
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XmlTextH&M says new collections selling well
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XmlTextSTOCKHOLM (Reuters) - H&M , the world's second-largest fashion retailer, reported a sharp rise in sales so far in June, with new collections selling well.
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XmlTextChina's Wanda aims to launch $1 billion NY hotel project this year: chairman
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XmlTextBEIJING (Reuters) - Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, Chairman Wang Jianlin said on Tuesday.

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XmlTextTata Motors upgrades existing cars as rivals launch new products
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XmlTextPUNE, India (Reuters) - India's Tata Motors on Wednesday launched eight upgrades of existing models, including a CNG-fuelled version of its low-cost Nano, but said little about plans for completely new vehicles to help reverse sliding car sales in India.

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XmlTextSantander says does not need to make new bad debt provisions
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XmlTextShares choppy, dollar steady as Fed meets
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XmlTextLONDON (Reuters) - European shares turned lower but major currencies and commodities stuck within recent ranges on Wednesday as investors awaited clarity on the U.S. Federal Reserve's next policy move.

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XmlTextGerman cartel court takes on Porsche lawsuit: source
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XmlTextBERLIN (Reuters) - A German court has assigned an investor lawsuit seeking about 2 billion euros ($2.7 billion) in damages from Porsche SE to a court specializing on cartel matters, a person familiar with the matter told Reuters.

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XmlTextPARIS (Reuters) - The new chief of the Eurofighter Typhoon will lay out plans by the end of this year to make the fighter jet cheaper and decision-making quicker, as the aircraft gears up to vie for more business in an increasingly crowded and competitive market.
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XmlTextTOKYO/NEW YORK (Reuters) - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.

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