UPDATE 1-Altice owner says wasn't ready for Time Warner Cable deal PARIS, May 27- Patrick Drahi, the billionaire owner of European telecoms group Altice, said he didn't bid for Time Warner Cable because his company lacked management resources to digest such a big deal in a market it had only recently entered. "I didn't follow up on the exchanges we had on Time Warner Cable that were mentioned in the media because we were not ready,"...
| By: Leila Abboud
UPDATE 1-Airbus asks CEO to stay, faces rift with Spain on board AMSTERDAM, May 27- Airbus Group ended the suspense over the future of its chief executive on Wednesday, saying its board had asked German-born Tom Enders to serve for at least one more term after his mandate expires in 2016.. Airbus Group, whose shareholders include the Spanish, French and German governments, was due to ask shareholders to approve the appointment...
| By: Tim Hepher
The truth about lies Even good people divert from the truth when they have reasons they find rational. Here are 4 reasons why some people lie.
PRECIOUS-Gold steadies off two-week low as dollar rally loses steam *Gold recovers some ground after 1.7 pct slide on Tuesday. LONDON, May 27- Gold steadied on Wednesday off the previous session's two-week low as the dollar retreated after its biggest daily rise in two years, but prices remained under pressure from expectations that a U.S. rate increase may come soon. "Gold got hit by a double whammy yesterday, first of all from the...
| By: Jan Harvey