Category Archives: Americas
Storm Sandy won’t blow Allianz off 2012 target
(Reuters) – The latest claims data on superstorm Sandy in the United States do not threaten the full year operating target of Allianz (ALVG.DE), Europe’s biggest insurer said on Friday. Allianz raised its 2012 operating … continue…
Boeing on course to sell more planes than Airbus in 2012
(Reuters) – Boeing Co (BA.N) reported it has bagged more than 1,000 net new orders so far this year, putting the U.S. planemaker on course to sell more aircraft than European rival Airbus for the … continue…
Aviva nearing sale of U.S. unit
(Reuters) – Aviva (AV.L), Britain’s second-biggest insurer, is closing in on the sale of its U.S. business, a key element of a turnaround effort aimed at boosting the group’s share price performance. The sale of … continue…
EADS quarterly earnings beat forecasts
(Reuters) – Europe’s EADS (EAD.PA) unveiled stronger-than-expected third-quarter earnings boosted by planemaker unit Airbus on Thursday and reaffirmed its financial targets, in a back-to-basics presentation following the failure of merger talks with BAE. Tom Enders, … continue…
Global shares gain, dollar slips after Obama win
(Reuters) – World shares and gold rallied while the dollar fell on Wednesday after President Barack Obama was re-elected for a second term, signaling no dramatic shift in U.S. economic policy. Gains in Europe’s main … continue…
Americans hand Obama a second term, challenges await
(Reuters) – President Barack Obama won a second term in the White House on Tuesday, overcoming deep doubts among voters about his handling of the U.S. economy to score a clear victory over Republican challenger … continue…
ING to cut 2,350 jobs
(Reuters) – ING (ING.AS), the largest Dutch financial services group, is to cut 2,350 jobs, or 2.5 percent of its workforce, as it prepares to separate its banking and insurance operations in difficult markets. ING … continue…
U.S. markets want clear decision from presidential vote
(Reuters) – Traders and investors seem to agree on one thing about Tuesday’s U.S. presidential election: The markets want a clear winner by Wednesday morning. The most recent Reuters/Ipsos tracking poll shows a tight national … continue…
Suzuki to end car sales in U.S., focus on motorcycles
(Reuters) – Japan’s Suzuki Motor Corp (7269.T) will pull the plug on its unprofitable automobile sales business in the United States after nearly three decades, hurt by a strong yen and a limited choice of … continue…
EU sets dire Spanish growth forecasts: El Pais
(Reuters) – The European Commission has set dire economic forecasts for Spainuntil 2014, El Pais reported on Tuesday, shooting down the targets set out by Madrid and potentially pushing it closer to seeking euro zone … continue…