Reuters: Transportation News

UPDATE 1-De Beers expects banks to renew $1.5 bln facility

Fri, 27 Nov 2009 16:09:59 GMT

LONDON, Nov 27 (Reuters) - De Beers, the world's largest diamond producer, expects banks to renew its $1.5 billion debt facility before it comes due in March next year, the firm said on Friday.

UPDATE 1-Total still hopeful on Abu Dhabi nuclear deal

Fri, 27 Nov 2009 16:07:56 GMT

RAMBOUILLET, France, Nov 27 (Reuters) - French oil major Total is still hopeful of winning a $40 billion nuclear deal in Abu Dhabi, Chief Executive Christophe de Margerie said on Friday.

UPDATE 1-Airbus expects first A400M flight in week of Dec 7

Fri, 27 Nov 2009 15:15:35 GMT

PARIS, Nov 27 (Reuters) - Airbus Military unveiled the timing of the first flight of its long-delayed A400M military airlifter on Friday a week after successfully running the transporter's four engines for the first time.

Total still hopeful on $40 bln Abu Dhabi nuclear deal

Fri, 27 Nov 2009 13:34:51 GMT

RAMBOUILLET, France, Nov 27 (Reuters) - French oil major Total is still hopeful of winning a $40 billion nuclear deal in Abu Dhabi, its Chief Executive Christophe de Margerie told reporters on Friday.

DEALTALK-Gazprom set for rare victory in European expansion

Fri, 27 Nov 2009 13:17:19 GMT

(This story is part of a two part series about energy asset sales in Germany. To see the other story double click [ID:nGEE5AQ14D])

UPDATE 2-National Express 360 mln stg rights issue agreed

Fri, 27 Nov 2009 12:35:24 GMT

LONDON, Nov 27 (Reuters) - British transport group National Express beat off opposition from its largest investor to win shareholder approval for a 360 million pounds rights issue it needs to cut debt and restructure after losing rail franchises.

UPDATE 1-DSM still targets divestments by end-2010

Fri, 27 Nov 2009 12:04:36 GMT

AMSTERDAM, Nov 27 (Reuters) - Dutch chemicals group DSM NV said on Friday it still expects to complete its divestment programme by the end of 2010, but is not certain whether debt problems in Dubai might delay the process.

UPDATE 1-Yemenia airline avoids EU blacklist despite crash

Fri, 27 Nov 2009 12:02:39 GMT

* Sao Tome identified as haven for airlines dodging ban

UPDATE 1-ThyssenKrupp says economic recovery still fragile

Fri, 27 Nov 2009 11:58:24 GMT

* Says goal is to regain S&P investment grade status

UPDATE 2-ABB divisions revamp prompts M&A speculation

Fri, 27 Nov 2009 10:47:55 GMT

(Adds CEO comments from conference call, analysts, shares)

UPDATE 2-Frontline's Q3 profit sinks, sees buoyant cash

Fri, 27 Nov 2009 09:27:16 GMT

* Q3 EBIT falls 84 percent to $28 mln vs $32 mln forecast

ThyssenKrupp says economic recovery still fragile

Fri, 27 Nov 2009 09:00:00 GMT

ESSEN, Germany, Nov 27 (Reuters) - Germany's biggest steelmaker ThyssenKrupp said it does not expect economic growth to return to the 2008 level before 2012.

UPDATE 1-Chinalco says has restarted most idle capacity

Fri, 27 Nov 2009 05:16:17 GMT

* 90 pct alumina, 88 pct primary aluminium capacity running

RPT-UPDATE 1-GDF Suez deal on Nord Stream imminent -source

Thu, 26 Nov 2009 16:38:07 GMT

* GDF Suez won't sign deal during Russian PM visit -source

Embraer sheds 600 additional employees - union

Thu, 26 Nov 2009 16:24:23 GMT

SAO PAULO, Nov 26 (Reuters) - Brazilian aircraft maker Embraer has shed another 600 employees from its Sao Jose dos Campos factory, on top of a 20 percent cut in its labor force in February across all units, the city's metallurgy union confirmed on Thursday.

UPDATE 1-Greece's Ellaktor 9-month net up 4.5 pct, lags fcsts

Thu, 26 Nov 2009 16:11:18 GMT

ATHENS, Nov 26 (Reuters) - Greece's largest construction group, Ellaktor , said on Thursday nine-month net profit rose 4.5 percent as revenues from a major toll motorway remained resilient in the face of the global downturn.

Greece's Ellaktor 9-month net up 4.5 pct, misses fcsts

Thu, 26 Nov 2009 15:49:24 GMT

UPDATE 1-Heidelberg sales chief leaves amid reorganisation

Thu, 26 Nov 2009 15:46:45 GMT

* Juergen Rautert leaves management board by mutual consent

GDF Suez's deal on Nord Stream imminent -source

Thu, 26 Nov 2009 15:34:08 GMT

PARIS, Nov 26 (Reuters) - France's GDF Suez is close to signing a deal with Russian gas monopoly Gazprom on taking a 9 percent stake in the Nord Stream gas pipeline, a source close to the situation said on Thursday.

UPDATE 1-Bombardier to cut jobs as jet orders drop

Thu, 26 Nov 2009 14:08:24 GMT

* Orders for regional jets fall (Adds details. In U.S. dollars)

Airbus A400M countries to meet in Berlin on Dec. 2

Thu, 26 Nov 2009 14:07:01 GMT

BERLIN, Nov 26 (Reuters) - Officials from countries who have ordered the delayed A400M military transport plane from Airbus will meet again next week to discuss the way ahead, after a report of ballooning prices hit the newsstands.

UPDATE 2-Antofagasta posts solid Q3 on copper rebound

Thu, 26 Nov 2009 13:35:12 GMT

LONDON, Nov 26 (Reuters) - Chilean copper miner Antofagasta Plc posted solid third quarter core earnings on Thursday after a revival in copper prices outweighed a decline in output.

UPDATE 2-National Express hangs onto East Anglia until 2011

Thu, 26 Nov 2009 12:58:11 GMT

* To lose East Anglia rail franchise in 2011 * Govt. says not in public interest to cancel immediately

UPDATE 1-Tata Steel posts qtr loss, but sees profit turnaround

Thu, 26 Nov 2009 12:48:03 GMT

* Q2 consol net loss $585 million, 2nd straight qtrly loss

INTERVIEW-UPDATE 1-EasyJet says worst over but 2010 to be slow

Thu, 26 Nov 2009 12:14:30 GMT

(adds quotes, background on trading, share price)