Air Berlin orders 25 Boeing 787s, worth $4 bln

(Reuters) - Boeing said it now has 677 firm orders for 787s. The plane is scheduled for its first test flight in August or September and first delivery in May next year.




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Swiss Government Isn't `Troubled' by Franc's Drop vs Euro, Leuthard Says

(Bloomberg) -- The Swiss government isn't
``troubled'' by the franc's decline against the euro over the
past year because a weaker currency has its advantages,
according to Economic Affairs Minister Doris Leuthard.

``There are pros and cons'' of a weaker currency, Leuthard
said today in an interview in Rostock, Germany, following trade
talks with German Economy Minister Michael Glos and Austrian
Economic and Labor Minister Martin Bartenstein. The Swiss
central bank ``has a long history of pursuing very good policy
and for that reason we're not troubled'' by the currency's value.


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Stocks cap week of gains on jobs data, oil

(Reuters) - Technology and industrial stocks were among the best performers after the Labor Department's monthly report on job creation topped expectations. Shares of heavy equipment maker Caterpillar Inc. and IBM helped lead the Dow higher.




Shares of major oil companies rose as New York oil prices hit 10-month highs. The energy sector was the biggest advancer out of all 10 S&P 500 sectors, with the S&P Energy index up 1 percent.


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Cogeco Cable posts qtrly profit rise, ups outlook

(Reuters) - Revenue rose 56 percent to C$240.6 million.




The company said it expects revenue of C$940 million in
2007, net income of C$68 million and operating income before
amortization of C$368 million. That compares with a forecast in
January for operating income before amortization of C$355
million.


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DEALTALK-KKR aims to take role of banks with IPO

(Reuters) - Private equity firm Kohlberg Kravis Roberts & Co. [KKR.UL]
said in its IPO prospectus earlier this week that the $1.25
billion offering will allow the firm to expand its ability to
syndicate equity and reduce reliance on third-party sources of
capital.




Syndicating leveraged buyout equity is normally the role of
investment banks. Does KKR wish to cut banks entirely out of
the LBO process? The answer is no, sources close to the firm
say, since the firm will still rely on banks to handle the debt
borrowed for the deals.


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Japan's 10-Year Bonds Have Biggest Weekly Drop in Month Amid Global Growth

(Bloomberg) -- Japanese bonds had the biggest
weekly drop in a month on speculation signs of accelerating
global growth will support the central bank's case for
increasing interest rates.

Ten-year bonds fell yesterday, pushing yields to a
three-week high, after U.S. Treasuries had the biggest loss
in three weeks on July 5. Private U.S. reports this week
showed job creation was faster than expected and growth in
service industries accelerated, signaling the world's
largest economy is gaining momentum.


Read more at Bloomberg Bonds News

Qantas increases order for 787 by 20 planes

(Reuters) - The 787, a mid-sized aircraft made predominately of
carbon-composite materials, is Boeing's first all-new
commercial airliner in more than a decade.




Read more at Reuters.com Bonds News