Regions News
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Hungary is prepared to counter financial turbulence if markets deteriorate, central banker Janos Cinkotai said as the forint fell and bond yields soared on the U.S. Federal Reserve’s plan to taper its stimulus program.
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MAN SE was sued by Effecten-Spiegel AG over answers given at a shareholder’s meeting in the first step in a potential legal battle with minority shareholders over Volkswagen AG’s plan to take full control of the truckmaker.
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Boeing Co. and Airbus SAS reasserted their dominance at the aviation industry’s largest trade expo as challengers including Bombardier Inc. failed to win any orders for single-aisle jets, the workhorses of global airline fleets.
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Swiss National Bank President Thomas Jordan pledged to defend the Swiss currency ceiling “with utmost determination” after the central bank underlined the measure’s importance in protecting the economy.
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