FARNBOROUGH, England, July 13- The chief executive of engine maker CFM International expects another record year for engine orders, after the company achieved a best in 2013..» Read More
CBO SAYS AFFORDABLE CARE ACT WILL LEAD TO WORKING HOURS REDUCTION EQUAL TO 2.3 MLN FULL-TIME WORKERS IN 2021 VS PREVIOUS ESTIMATE OF 800,000.
CBO ESTIMATES 3.1 PCT U.S.
DEFICIT AT $7.904 TRLN VS FY 2014-2023 ESTIMATED DEFICIT OF $6.34 TRLN.
DEFICIT TO REACH 3.0 PCT OF GROSS DOMESTIC PRODUCT VS PREVIOUS ESTIMATE OF 3.4 PCT, FY 2013 DEFICIT OF 4.1 PCT OF GDP- CBO.
BUDGET DEFICIT AT $514 BLN VS PREVIOUS ESTIMATE OF $560 BLN, FY 2013 ACTUAL DEFICIT OF $680 BLN.
DEFICIT AT $478 BLN OR 2.6 PCT OF GDP, FY 2016 DEFICIT AT $539 BILLION OR 2.8 PCT OF GDP.
DETROIT, Feb 4- Federal safety officials said on Tuesday they were investigating complaints that side air bags on some 2008 Honda Accords can deploy inadvertently. The preliminary evaluation, by the National Highway Traffic Safety Administration's Office of Defects Investigation, covers an estimated 363,000 Accord mid-size cars.
*Entegris offers $34 for each ATMI share. Feb 4- Entegris Inc said it would buy ATMI Inc for $1.15 billion, bringing together two key suppliers of high-purity materials and packaging systems used in the manufacture of semiconductors. Entegris's offer of $34 per share represents a premium of 26 percent to ATMI's closing price of $26.93 on the Nasdaq on Monday.
*Lithuania aims to become 19th euro zone member in 2015. FRANKFURT, Feb 4- Lithuania's adoption of the euro next year will change the voting pattern at the European Central Bank, curbing smaller members' perceived influence and giving more weight to the centre.
SAO PAULO, Feb 4- Rising borrowing costs, declining defaults and an unexpected jump in loan disbursements drove record profit for Itaú Unibanco Holding SA in the fourth quarter, even after expenses at Brazil's largest private-sector bank exceeded expectations.
PARIS, Feb 4- Greece would seek to negotiate an international write-off of about one-third of its debt if the leftist Syriza opposition party won a general election, its leader said on Tuesday.
MOSCOW, Feb 4- Russia's finance ministry cancelled its weekly domestic bond auctions for the second week in a row on Tuesday, saying in a statement the decision was "based on an analysis of current market conditions". Emerging markets such as Russia have been hit hard this year by outflows from investors following the U.S.
NEW YORK, Feb 4- U.S. stocks opened higher on Tuesday, underpinned by a slew of sturdy corporate results, as the market regained its footing following its largest selloff in months a day earlier. The Dow Jones industrial average was up 50.35 points, or 0.33 percent, at 15,423.15. The Nasdaq Composite Index was up 23.08 points, or 0.58 percent, at 4,020.04.
*Q4 net profit boosted by 470 million franc tax benefit. The results represent a vindication of sorts for UBS's decision to shrink its investment bank and largely withdraw from riskier activities such as bond trading, where a slowdown has stung rivals such as Goldman Sachs, Citigroup and Deutsche Bank.
SEATTLE, Feb 4- Microsoft Corp named company veteran Satya Nadella as its next chief executive officer on Tuesday, ending a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August. Nadella is only the third CEO in Microsoft's 39- year history, following co-founder Bill Gates and Ballmer.
*Some 207.6 billion roubles to be transferred by April 1. MOSCOW, Feb 4- The Russian Finance Ministry said on Tuesday it would postpone foreign currency purchases on the forex market to replenish one of its sovereign wealth funds while the rouble is weakening.
RIO DE JANEIRO/ LONDON, Feb 4- Emerging market stocks trimmed losses on Tuesday after hitting a five-month low, while most currencies rebounded as investors paused a selloff that had been triggered a day before by concern about Chinese and U.S. growth prospects.
Feb 4- Gannett Co reported lower quarterly revenue and profit on Tuesday as advertising at its newspapers and broadcast television stations fell. Gannett rolled out a digital pay model last year that helped boost subscription revenue. During the 2012 fourth quarter, Gannett benefited from a windfall in political advertising.
SEATTLE, Feb 4- Microsoft Corp named Satya Nadella as its next chief executive officer on Tuesday, ending a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August. Nadella is only the third CEO in Microsoft's 39- year history, following co-founder Bill Gates and Ballmer.
*North Sea buzzard field restarted, Libya loading resumes. LONDON, Feb 4- Oil slipped below $106 a barrel on Tuesday on concerns that weak data from the United States and China, the world's largest consumers of oil, could slow global growth, although supply problems offered some support.