Indonesian investigators described on Thursday the panic of pilots grappling with airspeed and altitude problems in the last moments of their doomed Lion Air flight, as comparisons mounted with a disaster in Ethiopia.
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to still strong labor market conditions, though the pace of job growth has slowed after last year’s robust gains.
Euro zone banking watchdogs said banks planning mergers should make sure they could be wound down in a crisis, a warning likely to resonate with executives seeking to merge German giants Deutsche Bank and Commerzbank.
Biogen and partner Eisai Co Ltd are ending two late-stage trials testing an Alzheimer’s drug, they said Thursday, marking the latest setback for an industry keen to develop treatments for the memory-robbing disease.
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to still strong labor market conditions, though the pace of job growth has slowed after last year’s robust gains.
Finland’s data protection ombudsman said on Thursday he would investigate whether Nokia-branded phones had breached data rules after a report said the handsets sent information to China.
The European Union watchdog in charge of disposing of failing banks said on Thursday that Deutsche Bank and Commerzbank should make sure any lender emerging from a possible merger could be wound down in case of a crisis.
China’s Geely Automobile Holdings said on Thursday that it will invest more in new energy vehicles and higher-end models after forecasting flat sales in 2019 due to uncertainty about domestic demand.
U.S. stock index futures were subdued on Thursday, a day after the Federal Reserve abandoned projections for any interest rate hikes this year amid signs of an economic slowdown.
U.S. solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic presidential candidates to end U.S. fossil fuel consumption within a decade.
A new banking giant resulting from a merger must have extra capital and a legal structure that allows authorities to wind it down if it fails, the European Central Bank’s top watchdog said on Thursday.
Volkswagen and Swedish battery maker Northvolt and other companies as well as science labs are joining forces in battery cell research, the German carmaker said in a statement on Thursday.
American whiskey exports slumped in the second half of 2018, taking a blow from higher duties by the country’s trading partners following President Donald Trump’s tariffs on steel and aluminum imports, an industry group said on Thursday.
Tencent Holdings reported its sharpest ever quarterly profit decline on Thursday, hit by China’s regulatory review of new games and one-off charges, and warned of slower video game launches due to a prolonged approval process.
Indonesia’s Lion Air has begun preliminary work on an initial public offering (IPO) that has been delayed multiple times over the past five years, sources familiar with the matter said.
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