WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by Washington.
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
No decisions on EADS/BAE merger seen at Merkel-Hollande talks: aide
BERLIN (Reuters) - Angela Merkel and Francois Hollande will discuss the merger of European aerospace firm EADS (EAD.PA) and British defense firm BAE Systems (BAES.L) at a Franco-German summit on Saturday but will not make any decisions, a Merkel aide said on Friday.
"EADS/BAE will certainly be a topic at the working lunch with President Hollande, but there definitely won't be any decisions on Saturday," the German chancellor's spokesman, Steffen Seibert, told a news conference.
The German and French leaders will also discuss plans for cross-border banking supervision by the European Central Bank but the meeting is "not the moment for making decisions", he added.
(Reporting by Stephen Brown and Gareth Jones)
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