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Home2019April

Month: April 2019

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Business News

Samsung Electronics quarter one earnings under pressure as chip prices fall

April 4, 2019 admin Comments Off on Samsung Electronics quarter one earnings under pressure as chip prices fall

The odds are stacked against Samsung Electronics Co Ltd ahead of the release of its first-quarter earnings guidance on Friday, with memory chip prices falling and its pricey premium smartphones struggling to be profitable.

…read more […]

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Business News

FAA launches new review of Boeing 737 MAX to ensure safety

April 4, 2019 admin Comments Off on FAA launches new review of Boeing 737 MAX to ensure safety

The Federal Aviation Administration said late on Wednesday it is launching a new review of the safety of the now-grounded Boeing 737 MAX that will be headed by a formal top U.S. safety official.

…read more […]

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Tokyo prosecutors arrest former Nissan chief Ghosn for fourth time: NHK

April 4, 2019 admin Comments Off on Tokyo prosecutors arrest former Nissan chief Ghosn for fourth time: NHK

Japanese prosecutors arrested ousted Nissan Motor Co boss Carlos Ghosn for a fourth time on Thursday, broadcaster NHK said, after reports authorities were building a new case against him over payments made to a dealer in Oman.

…read more […]

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Ex-Nissan boss Carlos Ghosn arrested for fourth time: NHK

April 4, 2019 admin Comments Off on Ex-Nissan boss Carlos Ghosn arrested for fourth time: NHK

Japanese prosecutors arrested ousted Nissan Motor Co boss Carlos Ghosn for a fourth time on Thursday, public broadcaster NHK said, after Japanese media reported that authorities were building a new case against him over payments made to an dealer in Oman.

…read more […]

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Amazon.com should share web domain name rights, Brazil says

April 4, 2019 admin Comments Off on Amazon.com should share web domain name rights, Brazil says

Brazil has proposed a compromise to a seven-year battle that has quietly raged over the Amazon.com internet domain: let the nations bordering the world’s largest rainforest co-govern the digital address with the biggest online retailer.

…read more […]

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Tokyo prosecutors enter former Nissan chief Ghosn’s home: NHK

April 4, 2019 admin Comments Off on Tokyo prosecutors enter former Nissan chief Ghosn’s home: NHK

Japanese prosecutors entered Carlos Ghosn’s residence early on Thursday morning to ask him to submit to questioning over payments made by Nissan Motor to an Omani dealer when he was chairman of the automaker, NHK said on Thursday.

…read more […]

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Van believed to be carrying ex-Nissan boss Ghosn leaves his residence: NHK

April 4, 2019 admin Comments Off on Van believed to be carrying ex-Nissan boss Ghosn leaves his residence: NHK

A van believed to be carrying ousted Nissan Motor Co boss Carlos Ghosn left his residence early on Thursday, after Tokyo prosecutors asked him to submit to fresh questioning, broadcaster NHK said.

…read more […]

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U.S. sets 2025 target for China to fulfill trade pledges: Bloomberg

April 4, 2019 admin Comments Off on U.S. sets 2025 target for China to fulfill trade pledges: Bloomberg

The trade deal that the United States and China are crafting would give Beijing until 2025 to meet commitments on commodity purchases and allow U.S. companies to wholly own enterprises in China, Bloomberg reported on Wednesday, citing three unnamed people familiar with the talks.

…read more […]

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Boeing software re-activated before Ethiopian crash: sources

April 3, 2019 admin Comments Off on Boeing software re-activated before Ethiopian crash: sources

Boeing anti-stall software on a doomed Ethiopian Airlines jet re-engaged and pushed the jet downwards after the pilots initially turned it off due to suspect data from an airflow sensor, two people familiar with the matter said.

…read more […]

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Corona maker Constellation to sell about 30 brands for $1.7 billion

April 3, 2019 admin Comments Off on Corona maker Constellation to sell about 30 brands for $1.7 billion

Constellation Brands Inc said on Wednesday it would sell about 30 of its low-end wine and spirits brands to E. & J. Gallo Winery for $1.7 billion, as the Corona beer maker focuses on more profitable brands.

…read more […]

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South Korea rolls out 5G services on phones, in race with U.S. and China

April 3, 2019 admin Comments Off on South Korea rolls out 5G services on phones, in race with U.S. and China

South Korea will become one of the first countries to commercially launch fifth-generation (5G) services as it rolls out on Friday the latest wireless technology with Samsung Electronics’ new 5G-enabled smartphone Galaxy S10.

…read more […]

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Boeing says successfully tested new 737 MAX software in CEO flight

April 3, 2019 admin Comments Off on Boeing says successfully tested new 737 MAX software in CEO flight

Boeing Co said on Wednesday its chief executive, Dennis Muilenburg, had joined a test flight on a 737 MAX 7 jetliner for a demonstration of updated MCAS anti-stall software.

…read more […]

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Business News

Corona maker Constellation to sell about 30 brands in a $1.7 billion deal

April 3, 2019 admin Comments Off on Corona maker Constellation to sell about 30 brands in a $1.7 billion deal

Constellation Brands Inc said on Wednesday it would sell about 30 of its low-end wine and spirits brands and related facilities to E. & J. Gallo Winery for $1.7 billion, as the Corona beer maker focuses on its more premium and profitable brands.

…read more […]

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Business News

Netflix amends bylaws allowing shareholders to nominate board members

April 3, 2019 admin Comments Off on Netflix amends bylaws allowing shareholders to nominate board members

Netflix Inc said on Wednesday it had made changes to its bylaws that allowed certain shareholders to nominate board members.

…read more […]

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U.S. chip stocks surge on trade deal hopes, Wall Street edges up

April 3, 2019 admin Comments Off on U.S. chip stocks surge on trade deal hopes, Wall Street edges up

U.S. stocks edged higher on Wednesday, extending a strong start to the quarter as a rally among chipmaker shares provided a boost to the broader market on growing hopes of a trade deal between Washington and Beijing.

…read more […]

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