21 November, 2014 by The TZ Newswire Staff Comments Off on Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters
Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters
The Pentagon said on Friday it had awarded Lockheed Martin Corp a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the …
21 November, 2014 by The TZ Newswire Staff Comments Off on Visa sees Visa Europe option now costing more than $10 billion
Visa sees Visa Europe option now costing more than $10 billion
Visa Inc , the world’s largest credit and debit card company, said it might have to pay more than $10 billion to buy its London-based European licensee, Visa Europe Ltd, if its owners exercise their option …
21 November, 2014 by The TZ Newswire Staff Comments Off on Aviva agrees to possible $8.8 billion deal to buy Friends Life
Aviva agrees to possible $8.8 billion deal to buy Friends Life
Insurer Aviva Plc said it had reached agreement on a possible deal to buy Friends Life Group Plc for 5.6 billion pounds in stock. Under the terms of the possible offer, Aviva would offer Friends Life shareholders …
21 November, 2014 by The TZ Newswire Staff Comments Off on American Airlines unit to transfer 50 regional aircraft, cut jobs
American Airlines unit to transfer 50 regional aircraft, cut jobs
American Airlines Group Inc subsidiary Envoy Air plans to transfer at least 50 Embraer 145 aircraft to other regional carriers beginning in early 2015 in a move that will lead to job cuts, according to …
21 November, 2014 by The TZ Newswire Staff Comments Off on Honda in talks with other suppliers for Takata air bag fix: WSJ
Honda in talks with other suppliers for Takata air bag fix: WSJ
Honda Motor Co is in talks with two air bag suppliers to help it stock replacement parts for defective Takata Corp air bags, the Wall Street Journal reported on Friday, citing people aware of the planning. …
21 November, 2014 by The TZ Newswire Staff Comments Off on Canada sees Burger King/Tim Hortons decision before Christmas
Canada sees Burger King/Tim Hortons decision before Christmas
The Canadian government will decide before Dec. 25 on whether to approve the takeover by U.S.-based Burger King Worldwide Inc of Canada’s iconic coffee-and-donut Tim Hortons Inc , Industry Minister James …
21 November, 2014 by The TZ Newswire Staff Comments Off on Bank of America hires U.S. officials for financial crime team
Bank of America hires U.S. officials for financial crime team
Bank of America has hired two U.S. government officials to join its financial crimes team, according to three people familiar with the matter, as banks are under increasing pressure to police their transactions …