Bolstered by a strong second-quarter, CEO Vas Narasimhan said he expects Novartis to hit the top of its 2018 sales guidance despite joining rival Pfizer in freezing U.S. drug prices for the rest of the year.
European planemaker Airbus said on Wednesday that supplier Pratt & Whitney was catching up on engine delays and there would be an improvement especially in the second half of the year.
Asian share markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.
Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country’s importance to the ride-hailing firm as it faces new competition.
Advanced Micro Devices (NASDAQ:AMD) has been on fire since its last earnings report in late April. While AMD stock wasn’t trading at its absolute lows when it reported, it was pretty close. Anyway, the quarter helped propel shares from roughly $10 to more than $16 currently.10 Dow Jones Titans to Buy Now …read more […]
Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.
China’s aviation regulator will cut flights by Air China’s Boeing 737 fleet by 10 percent and cancel the licenses of the pilot and co-pilot involved in an emergency descent last week, Chinese state television said on Wednesday.
Despite a massive backlog of Model 3 reservations, Tesla is having trouble finding customers for the premium Model 3 variants that it can actually build profitably. …read more […]
A Toronto-based start-up has secured $10 million in funding from venture capitalists to expand its operations in the temporary tattoo business, the company’s chief executive officer said on Tuesday.
China’s aviation regulator will cut Air China’s flight hours for its Boeing 737 fleet by 10 percent and cancel the licenses for the pilot and co-pilot involved in an emergency descent incident last week, Chinese state television said.
Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares to a one-month top and sent gold to a one-year trough.
Boeing Co has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be delivered by December 2024 and painted red, white and blue, officials said on Tuesday.
Publisher Fairfax Media said on Wednesday it had agreed with rival News Corp’s Australian unit to collaborate on printing newspapers to curb costs.
Newspaper publisher Fairfax Media said on Wednesday that it has entered an agreement with News Corp’s Australian unit to collaborate on printing newspapers.
Boeing Co was awarded a $3.9 billion contract modification for two 747-8 aircraft for presidential use under the Air Force One name, the Pentagon said on Tuesday.
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