 | Moody´s downgrades
six European nations
RATING agency Moody´s warned it may cut
the triple-A ratings of France, Britain and
Austria and it downgraded six other
European nations including Italy, Spain and
Portugal, citing growing risks from Europe´s
debt crisis.
Moody´s move was less ....
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| | US, EU clear Google´s $12.5bn
Motorola Mobility buy bid |  GOOGLE´S $12.5 billion bid to
buy cellphone maker Motorola
Mobility has won approvals
from US and European
antitrust regulators, moving
Google a major step closer to
completing the biggest deal in
its 13-year history.
Monday´s blessings mean
Google Inc just needs to clear
regulatory hurdles in China,
Taiwan and Israel before it
can take control of Motorola
Mobility Holdings Inc. and
expand into manufacturing
phones, tablet computers
and other consumer devices
for the first time.
Getting government approval
in China looms as the
biggest stumbling block
remaining. Google´s relationship
with China´s ruling party
has been on shaky ground
since the company blamed
hackers in that country .... | | | Boeing finalises $22.4 billion
plane order from Lion Air |  BOEING has locked in its
biggest order ever. The
Chicago airplane manufacturer
said on Tuesday that it has
finalised an order from
Indonesian carrier Lion Air
for 230 planes worth a combined
$22.4 billion. Lion Air
also has the rights to buy 150
more. The deal is the largest
commercial airplane order
ever for Boeing by both dollar
value and number of airplanes.
The order includes 201 of
Boeing´s redesigned 737,
which it calls the Max, and 29
extended range 737-900s.
Until this deal was confirmed,
Boeing´s biggest confirmed
order was from
Southwest Airlines. That
order for 208 planes is valued
at $19 billion at list prices, but
airlines commonly get discounts.
Southwest will be the
first customer to get the 737
... | | | Greece rushes to meet
EU, lender demands |  GREECE´S government
rushed on Tuesday to find
325 million euros in budget
cuts to satisfy eurozone
finance ministers deciding
whether to sign off on a rescue
package to save the country
from a chaotic default.
Squeezed between sceptical
European capitals and
deep anger in Greece, political
leaders must also produce
written commitments
to stick to the terms of the
130 billion euro ($172 billion)
bailout before the ministers
meet on Wednesday.
Greek lawmakers
endorsed 3.3 billion euros in
cuts in wages, pensions and
jobs on Sunday despite
unrest in the capital, Athens,
but left unexplained cuts
worth 325 million euros that
the European Union and
International Monetary
Fund want clarified ... | |
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