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Iran seals $17 billion Boeing deal, close to Airbus order

December 12, 2016 by · Leave a Comment 

By Tim Hepher and Sami Aboudi PARIS/DUBAI (Reuters) – Iran signed a $16.6 billion deal for 80 Boeing passenger jets on Sunday and was said to be close to another for dozens of Airbus planes to complete what would be the biggest package of firm contracts with Western companies since Iran's 1979 Islamic revolution. The deal between IranAir and U.S. planemaker Boeing includes 50 narrow-body 737 MAX aircraft and 30 long-haul 777s, split equally between the 777-300ER, which is badly in need of an order boost, …

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Iran seals $17 billion Boeing deal, close to Airbus order

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Japan’s Honda ties up with ride-hailing service Grab

December 12, 2016 by · Leave a Comment 

Southeast Asian ride-hailing service Grab disclosed on Monday that Japan's Honda Motor Co had invested in the firm, as part of a $750 million funding announced previously, to collaborate on motorbike-hailing services. …

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Japan’s Honda ties up with ride-hailing service Grab

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France’s Amundi to buy Pioneer from UniCredit for $3.75 billion

December 12, 2016 by · Leave a Comment 

French fund management company Amundi is to buy asset manager Pioneer from Italian bank UniCredit for 3.55 billion euros ($3.75 billion), and will finance the deal with a debt and equity issue. The deal is one of various disposals being pursued…

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France’s Amundi to buy Pioneer from UniCredit for $3.75 billion

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TransCanada restarts Keystone pipeline at reduced pressure

April 11, 2016 by · Leave a Comment 

The Canadian energy company said the U.S. Pipeline and Hazardous Materials Safety Administration approved the return to service plan for a controlled start Saturday evening. “As part of the return-to-service plan approved by PHMSA, TransCanada is operating the pipeline at reduced pressure,” the company said in

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TransCanada restarts Keystone pipeline at reduced pressure

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Bill Gross sees one or two Fed rate hikes in 2016: Barron’s

April 11, 2016 by · Leave a Comment 

(Reuters) – Bond manager Bill Gross predicts that the U.S. Federal Reserve will raise interest rates once or twice in 2016, according to an interview in Barron's.

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Bill Gross sees one or two Fed rate hikes in 2016: Barron’s

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Tech start-ups snap at the heels of Asian private bankers

April 11, 2016 by · Leave a Comment 

Scanning a bank statement into a computer may not sound particularly high-tech, but it's unsettling some of Asia's private bankers. By aggregating all the monthly statements mailed

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Tech start-ups snap at the heels of Asian private bankers

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Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

April 11, 2016 by · Leave a Comment 

By Lisa Jucca HONG KONG (Reuters) – The Bank of Italy is carrying out an on-site inspection at the Italian offices of Bank of China Ltd , a Chinese state-owned bank already facing accusations of aiding illicit money flows from Italy to China, a source familiar with the situation said. Italian prosecutors are seeking to bring 297 people, mostly Chinese, as well as the Milan branch of Bank of China to trial on charges of allegedly smuggling more than 4.5 billion euros ($5.12 …

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Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

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Italy court says no proof of wrongdoing in UniCredit mafia probe

November 1, 2015 by · Leave a Comment 

An Italian court said on Saturday there was no proof to back up allegations that three executives at Italian lender UniCredit had helped a businessman who prosecutors claimed had links to the Sicilian mafia, according to a court document. Fabrizio Palenzona, Unicredit…

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Italy court says no proof of wrongdoing in UniCredit mafia probe