By Alwyn Scott and Maria Sheahan PARIS (Reuters) – Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets. Ryanair, Europe’s biggest low-cost airline, finalized an order for 175 Boeing 737-800 aircraft worth around [...]
By Paul Ingrassia and Mike Peacock LONDON (Reuters) – The World Bank is concerned about the spillover effects on developing countries of a slowing of U.S. money creation and will move to provide affordable capital when borrowing costs rise, its president said on Wednesday. The U.S. Federal Reserve has sparked a bout of financial market [...]
By Louis Charbonneau UNITED NATIONS (Reuters) – Years before he became Iran’s president-elect, Hassan Rohani spoke approvingly about concealing his nation’s nuclear program and said that when Pakistan got atomic bombs and Brazil began enriching uranium, "the world started to work with them." The comments offer an intriguing window into the past thinking of Rohani, [...]
By Miyoung Kim SEOUL (Reuters) – Asia’s top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows. The Thomson Reuters/INSEAD Asia Business Sentiment Index climbed six points to 71 in June, its [...]
By Andrew Osborn LONDON (Reuters) – WikiLeaks founder Julian Assange says he will not leave the sanctuary of the Ecuadorean Embassy in London even if Sweden stops pursuing sexual assault claims against him because he fears arrest on the order of the United States. In an interview with Reuters and others to mark the first [...]
By Mark Hosenball and Andrea Shalal-Esa (Reuters) – Industry executives and some corners of the U.S. intelligence community are pushing back against possible legislative moves to curb contractors’ access to classified information. Following leaks by former National Security Agency contractor Edward Snowden, Senate Intelligence Chairman Dianne Feinstein is working on legislation intended to restrict spy [...]
By Patricia Zengerle and Tabassum Zakaria WASHINGTON (Reuters) – The head of the National Security Agency said U.S. surveillance programs had helped disrupt more than 50 possible attacks since September 11, 2001, as sympathetic members of Congress also defended the use of the top-secret spying operations. In the first public hearing dedicated to the programs [...]
WASHINGTON (Reuters) – General Keith Alexander, the director of the U.S. National Security Agency, said on Tuesday that the NSA’s data gathering programs had prevented potential terrorist attacks more than 50 times since September 11, 2001. "In recent years these programs, together with other intelligence, have protected the U.S. and our allies from terrorist threats [...]
By Jason Lange WASHINGTON (Reuters) – Inflation showed signs of stabilizing in May after a long decline, a potential comfort to Federal Reserve policymakers who want to avoid any chance of a debilitating bout of deflation. The Labor Department said on Tuesday the consumer price index edged 0.1 percent higher last month after two straight [...]
WASHINGTON (Reuters) – Housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market. Though permits for future home construction fell, that followed a surge in April, which hoisted them above the 1 million-unit mark. The pullback last month reflected [...]
