Airbus delivers first A400M

Airbus delivers first A400M

European aircraft manufacturer Airbus has delivered its first A400M military transport plane to France. The handover ceremony took place at the Airbus Military plant in Seville, Spain, on Monday. The aircraft, the first of 50 ordered by France and one of a total of...
Millions Toward Proprietary Investments

Millions Toward Proprietary Investments

PHILADELPHIA, Aug. 27, 2013 – FS Investment Corporation, a business development company focused primarily on investing in the debt securities of private U.S. companies, announced today that it committed over $200 million toward proprietary investments in middle...

German investor morale brightens

German analyst and investor sentiment climbed more than expected in August, a leading survey showed on Tuesday, suggesting Europe’s largest economy is gradually regaining momentum after suffering a contraction in late 2012 and a weak start to 2013. The ZEW...
Asia’s Reluctant Partners

Asia’s Reluctant Partners

China’s telecoms equipment giant Huawei this month announced it is increasing the share of Japanese parts in its smartphones from 50 to 70 per cent to boost its competitiveness against Samsung and Apple. This highlights the fact, not well known, that despite the...
ECB Lowers Interest Rates

ECB Lowers Interest Rates

Europe’s interest rates have probably reached a bottom. Although the economy has been in recession since Q4 2011, the European Central Bank (ECB) hesitated until this morning to lower its main refinancing rate at which banks can borrow funds by a quarter...