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VW not under pressure to sell trucks business: trucks chief tells paper
January 31, 2016 by admin · Leave a Comment
Volkswagen is not under pressure to sell its trucks business to raise cash as it faces billions of euros in costs after admitting to rigging emissions tests, management board member Andreas Renschler told a German newspaper. “The operating results of the Volkswagen group are good, despite everything. There won't be a fire sale,” Renschler, who also heads the trucks business at VW, was quoted as
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VW not under pressure to sell trucks business: trucks chief tells paper
annual-news
Iran marks comeback with talks to buy 160 European planes
January 25, 2016 by creative · Leave a Comment
By Tim Hepher TEHRAN (Reuters) – Iran unveiled an expanded shopping list for more than 160 European planes – including 8 superjumbos – and dangled another big order in front of Boeing at Tehran's first major post-sanctions business gathering on Sunday. In a sign of Tehran's determination to compete with established …
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Iran marks comeback with talks to buy 160 European planes
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U.S. jobless claims near 42-year low as labor market tightens
December 24, 2015 by elegant · Leave a Comment
The number of Americans filing for unemployment benefits fell more than expected last week, nearing a 42-year low as labor market conditions continued to tighten in a boost to the economy. Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 267,000 for the week ended Dec.19, not far from levels last seen in late 1973, the Labor Department said on Thursday. Claims have been below 300,000, a threshold associated with a
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U.S. jobless claims near 42-year low as labor market tightens
annual-news
Commerzbank sues BNY Mellon, Wells Fargo, HSBC over mortgage losses
December 24, 2015 by publisher · Leave a Comment
By Nate Raymond NEW YORK (Reuters) – Commerzbank AG has sued four banks in the United States, claiming that they failed to properly monitor billions of dollars in toxic mortgage-backed securities acquired by the German lender before the 2008 financial crisis. Bank of New York Mellon Corp and units of Deutsche Bank AG, Wells Fargo & Co and HSBC Holdings Plc were named in the…
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Commerzbank sues BNY Mellon, Wells Fargo, HSBC over mortgage losses