Bombardier says no longer in talks with Airbus

[Buzz_Burner_Fresh_Updates] Bombardier says no longer in talks with Airbus – reuters.com WASHINGTON (Reuters) – Canada’s Bombardier Inc on Tuesday said it had held talks with European planemaker Airbus about “certain business opportunities,” but those discussions were no longer under way. Continue Reading On reuters.com »  

American Apparel seeks fashion revival under bankruptcy plan

[Buzz_Burner_Fresh_Updates] American Apparel seeks fashion revival under bankruptcy plan – reuters.com CHICAGO (Reuters) – American Apparel Inc plans to revamp its struggling fashion business under a restructuring plan that would give ownership to the Standard General hedge fund, which rescued RadioShack earlier this year, lawyers said at a hearing on Tuesday. Continue Reading On reuters.com […]

RPT-Risking backlash, India's Modi to push power price hikes + MORE

[Buzz_Burner_Fresh_Updates] RPT-Risking backlash, India's Modi to push power price hikes – reuters.com NEW DELHI, Oct 6 (Reuters) – India’s prime minister is to tell states to raise electricity prices in return for access to a financial bailout package, a politically contentious move that risks a backlash from farmers and consumers long used to free or […]

SABMiller points to sales growth as AB InBev weighs bid

[Buzz_Burner_Fresh_Updates] SABMiller points to sales growth as AB InBev weighs bid – reuters.com LONDON (Reuters) – SABMiller , the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev , reported improved underlying quarterly sales on Tuesday which it said reflected the strength of its long-term business model. Continue Reading On reuters.com » […]

SABMiller highlights sales growth as AB InBev mulls bid

[Buzz_Burner_Fresh_Updates] SABMiller highlights sales growth as AB InBev mulls bid – reuters.com LONDON (Reuters) – SABMiller , the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev , reported a 2 percent rise in second-quarter sales volumes on Tuesday which it said reflected the strength of its long-term business model. Continue Reading […]

Flexjet gets first Embraer Legacy jet anchoring mid-size program

[Buzz_Burner_Fresh_Updates] Flexjet gets first Embraer Legacy jet anchoring mid-size program – reuters.com SAO PAULO (Reuters) – Flexjet, which offers fractional ownership and leasing of private jets, is counting on Embraer’s new Legacy 450 and 500 for the bulk of a mid-size business jet program that could grow beyond a quarter of its fleet, Chief Executive […]

U.S. says no settlement offer from Electrolux in GE appliance deal fight

[Buzz_Burner_Fresh_Updates] U.S. says no settlement offer from Electrolux in GE appliance deal fight – reuters.com WASHINGTON (Reuters) – The U.S. Department of Justice, which is suing to stop Sweden’s AB Electrolux from buying General Electric Co’s appliance business, said on Tuesday that it had received no settlement offer from the companies that might allow the […]

Japan Tobacco agrees to buy brand rights from Reynolds American for $5 billion

[Buzz_Burner_Fresh_Updates] Japan Tobacco agrees to buy brand rights from Reynolds American for $5 billion – reuters.com (Reuters) – Japan Tobacco Inc has agreed to pay 600 billion yen ($5 billion) in cash for Reynolds American Inc’s Natural American Spirit tobacco business outside the United States, the two companies said in separate statements on Tuesday. Continue […]