Business & Finance News
Asian stocks were steady in a cautious start to the week on Monday, while the British pound fell following a delay to a crucial vote on Britain’s divorce from the European Union.
Thomson Reuters Corp is engaged in succession planning for Chief Executive Jim Smith as “a matter of good governance,” the business information company said on Sunday.
Thomson Reuters Corp has begun searching for a successor to Chief Executive Officer Jim Smith, who oversaw the sale of a majority stake in the news and information provider’s financial-data business to a Blackstone Group Inc-led consortium last year, the Financial Times reported on Sunday.
Facebook Inc , facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed.
Boeing Co said on Sunday that it regrets and understands concerns raised by the release of a former Boeing test pilot’s internal instant messages noting erratic software behavior two years before deadly crashes of its 737 MAX jet.
Boeing Co said on Sunday it understands the concern caused by the release of an instant message involving a former Boeing employee and is investigating the circumstances of exchanges of the document given to the government investigators.
New large corporate planes that can fly farther and an industry push toward sustainable aviation fuels are seen as bright spots as the world’s biggest business jet makers assemble in Las Vegas to showcase their offerings at the sector’s largest gathering.
Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, adding that the mobile phone industry was worried 4G models would not sell next year. Lei made the remarks at the World Internet Conference in the eastern Chinese town of Wuzhen, according to a transcript provided by the company.
Nothing will come of a case against Turkey’s state-owned lender Halkbank “if the law in the United States works”, Turkish Foreign Minister Mevlut Cavusoglu said on Sunday, adding that the case was politically motivated.
BMW is keen to find additional partners for the mobility services venture it runs with rival carmaker Daimler , BMW’s new chief executive told a Sunday newspaper.
Australia’s flag carrier Qantas completed on Sunday a nonstop test flight from New York to Sydney, researching how the world’s longest potential commercial airplane journey of nearly 20 hours would impact pilots, crew and passengers.
China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level.
Boeing Co’s board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet.
China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level.
The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan.
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