Lagardere says backs EADS management after BAE merger talks end

PARIS Wed Oct 10, 2012 12:48pm EDT

PARIS Oct 10 (Reuters) - French media group Lagardere , owner of 7.5 percent of EADS, on Wednesday renewed its support in the management of the Airbus maker after its merger talks with Britain's BAE Systems failed.

"Lagardere notes the end of tie-up talks between EADS and BAE Systems and renews its faith in the management of EADS," a spokesman for Lagardere told Reuters.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.