Pratt & Whitney Rebuts F-35 Engine Criticism

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Pratt & Whitney fired back at criticism from two government watchdogs about its flagship military jet engine, insisting reliability issues were under control.

Fitch Downgrades Japan

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Fitch downgraded Japan’s credit rating, highlighting the challenges that Abe’s administration faces in trying to stoke growth while dealing with the nation’s towering public debt.

Big Pharma's M&A Opportunity

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Ahead of the Tape: Merck and Pfizer are cash machines in a frothy pharmaceutical sector.

Pound Buoyant Despite Election Uncertainty

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Ahead of one of the least certain elections in recent U.K. history, investors in sterling seem mostly buoyant.

Diplomatic Thaw Piques Interest in Iranian Gas

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Iran’s prodigious natural-gas reserves may reshape global energy markets, should Tehran reach a deal with the U.S. and other Western powers resulting in the easing of sanctions.

Japan Insurers Pile Into U.S. Debt

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Japanese life insurers plan to keep pouring money into U.S. debt as the list of countries able to meet their thirst for yield shrinks.

Vodafone's Fixed Fixes Look a Hard Sell

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Vodafone has been building and acquiring fixed assets in Europe, but its efforts may be too little, too late.

China's Growth Is Mystery; Economists Weigh Clues

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The official first-quarter GDP growth of 7% is overstated, experts agree, but pinning down the real number is a head-scratcher.

U.S., Japan Take On Hurdles to Pacific Trade Deal

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The U.S. and Japan, nearing an accord designed to transform ties between the economic rivals and open the way for a trade pact among 12 Pacific nations, still face differences.

For Fed, Nothing Going on but the Rent

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Inflation is too low for the Federal Reserve, but not as low as it would be if rising rents weren’t propping it up.

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