Japan’s Sompo to focus on integration after acquisition spree
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Sompo Holdings Inc will place more focus on integrating domestic and…
Business
Airbus shakes up leadership of A320-family jet programme
By Tim Hepher PARIS (Reuters) -Airbus has changed the leadership of its A320-family jetliner programme, the profit backbone of the…
Safran posts strong sales but sees supply chain risks
By Tim Hepher PARIS (Reuters) -French aero engine maker Safran unveiled stronger than expected quarterly revenues on Wednesday, buoyed by…
U.S. five-year credit default swaps hit new 2011 high
LONDON (Reuters) – The cost of insuring exposure to United States sovereign debt rose to its highest since 2011 on…
Teck Resources profit misses estimates as Glencore circles
LONDON (Reuters) -Canadian miner Teck Resources, the target of an unsolicited takeover bid by Glencore, narrowly missed first-quarter estimates on…
VW’s Skoda aims for six electric vehicle models by 2026
PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of German group Volkswagen, wants to expand its electric vehicle range to…
Swiss regulator says two banks’ crisis plans are insufficient
ZURICH (Reuters) – Swiss financial regulator FINMA has labelled the recovery and resolution plans of two of Switzerland’s five systematically…
German consumer morale picks up on income expectations – GfK
BERLIN (Reuters) – German consumer sentiment is set to pick up in May as moderating energy prices and expected wage…
LG Display talks up H2 recovery hopes after 4th straight quarterly loss
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korean display panel maker LG Display on Wednesday pinned hopes for…
Trump rape accuser’s case not a ‘he said, she said,’ lawyer says as trial starts
By Luc Cohen, Jack Queen and Jonathan Stempel NEW YORK (Reuters) – E. Jean Carroll’s accusation that Donald Trump raped…