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Areva says to cut 1,500 jobs in Germany
PARIS (Reuters) – Areva plans to cut 1,500 jobs in Germany between 2015 and 2017, a spokeswoman for the French state-controlled nuclear company said on Wednesday.
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Emirates airline COO says gets 787, A350 improvements as mulls big order
DUBAI (Reuters) – Emirates airline’s [EMIRA.UL] chief operating officer said on Wednesday that both Boeing and Airbus had made improvements to its respective 787 and A350 aircraft in response to...
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Euro sinks to 12-year lows as yield gap grows
LONDON (Reuters) – The euro dived to its lowest since early 2003 against the dollar on Wednesday, dragging other European currencies with it on the back of the huge differences developing in market...
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Credit Suisse new boss could ax 2,900 investment bank jobs: analyst
LONDON (Reuters) – Credit Suisse’s new boss Tidjane Thiam could cut almost 3,000 jobs from its investment bank, or 15 percent of staff, as part of a shift of capital away from trading desks to private...
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Exclusive: UBS poaches Bank of Montreal oil banking team – sources
NEW YORK/TORONTO (Reuters) – UBS AG has poached a U.S. team of some 15 oil and gas investment bankers from Bank of Montreal (BMO), significantly weakening the energy dealmaking capacity at Canada’s...
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Investors see higher yields as U.S. jobs data resets Fed calculus
NEW YORK (Reuters) – Before last Friday, many investors opined that the U.S. Federal Reserve would probably raise interest rates only once this year. Making the first hike in about nine years would be...
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Google in initial talks to buy Indian startup InMobi: source
MUMBAI (Reuters) – Google Inc is in early talks to buy Bangalore-based start-up InMobi, in a move that would strengthen its offering in the increasingly competitive mobile advertising space, a source...
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U.S. banks’ buybacks, dividends may be no reason for shareholder celebrations
NEW YORK (Reuters) – Big U.S. banks, including JPMorgan Chase & Co and Citigroup Inc , are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends...
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U.S. airlines group expects busiest spring season in 7 years
(Reuters) – U.S. airlines are expected to carry more passengers this spring than they have in seven years, Washington-based trade group Airlines for America said on Wednesday.
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Lessors see demand for Boeing 757 jet replacement
PHOENIX (Reuters) – Aircraft leasing companies are encouraging Boeing to build a jet to replace its discontinued 757, but stress the priority of all planemakers must be to deliver on existing orders...
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