Japanese prosecutors arrested Carlos Ghosn again on Thursday on suspicion the former Nissan boss had tried to enrich himself at the automaker’s expense, in another dramatic twist that his lawyers said was an attempt to muzzle him.
China’s aviation regulator has been invited to join the U.S. Federal Aviation Administration’s (FAA) review panel on the Boeing 737 MAX, an official at the regulator said on Thursday.
IKEA, the world’s biggest furniture retailer, is preparing to serve lettuce grown in high-tech containers outside its stores as part of efforts to improve its environmental profile.
Ethiopian investigators cannot yet say whether there is a structural problem with the Boeing 737 MAX, based on flight and cockpit voice data from the plane that crashed on March 10 killing 157 people, the head of the investigation said.
European and Asian shares stepped back from eight-month highs on Thursday, as investors took money off the table amid fresh concerns about U.S.-China trade talks and as dire data from Germany signaled trouble for Europe.
Ethiopian Airlines flight 302 repeatedly nose-dived before it crashed, a statement from the airline said, citing the preliminary report into the March 10 crash that was released on Thursday.
Ethiopian Airlines pilots followed proper guidance in the fatal crash of a Boeing MAX 8 airplane last month, Ethiopia’s minister of transport Dagmawit Moges said on Thursday as she delivered the first official report on the disaster.
The United Arab Emirates has accepted an invitation to join the U.S. Federal Aviation Administration’s (FAA) review panel on the Boeing 737 MAX, a senior official told Reuters on Thursday.
The Massachusetts Institute of Technology (MIT) said on Wednesday it has halted collaborations with Huawei Technologies and ZTE Corp over U.S. federal investigations of the Chinese technology companies’ alleged violations of sanctions.
Japan’s Nomura Holdings said on Thursday it would cut $1 billion in costs from its wholesale business and shut more than 30 of 156 domestic retail branches, in its latest strategy overhaul to turn around its struggling business.
UniCredit could explore a merger with Commerzbank if talks with Deutsche Bank fall through, two people with knowledge of the matter said on Thursday.
European oil companies have started to address what they worry may one day be an existential threat to their business — the end of a century of oil demand growth in a low carbon world.
Deutsche Bank came under increased pressure on Thursday to move forward with a tie-up with Commerzbank following a report that Italy’s Unicredit is preparing a rival bid for the German lender.
French Finance Minister Bruno Le Maire said on Thursday that in principle he would be open to a possible Chinese investment in a unit of French construction group St Gobain.
Talks between Deutsche Bank and Commerzbank are proceeding well, a person with knowledge of the talks said on Thursday.
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