January 8, 2020

Samsung Electronics flags smaller-than-expected profit fall as chip market bottoms out

Samsung Electronics Co Ltd on Wednesday flagged a smaller-than-expected fall in quarterly operating profit, indicating that memory chip prices bottomed out quicker than analysts had anticipated, […]
January 8, 2020

Boeing changes stance, recommends 737 MAX simulator training for pilots

Boeing Co said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous […]
January 8, 2020

U.S., European regulators to meet with Boeing this week on 737 MAX software audit

U.S. and European aviation safety regulators will meet with Boeing this week in an effort to complete a 737 MAX software documentation audit – a key […]
January 8, 2020

Wall Street dips as investors focus on Middle East, but chipmakers climb

Wall Street’s major indexes declined on Tuesday as investor caution persisted amid a dispute between the United States and Iran, while energy shares fell as oil […]
January 7, 2020

Japan seeks arrest of Ghosn’s wife amid efforts to snare him

Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn’s wife for alleged perjury, as officials stepped up efforts to bring the fugitive car industry […]
January 7, 2020

Ex-Nissan boss Ghosn’s legal team accuses automaker of ‘perversion of truth’

Fugitive ex-Renault-Nissan chief Carlos Ghosn’s legal team opened fire on Nissan Motor Co Ltd, charging the automaker used a “flawed, biased” internal investigation to engineer Ghosn’s […]
January 7, 2020

Exclusive: Impossible Foods abandons pursuit of McDonald’s burger deal

Impossible Foods is no longer trying to win a coveted deal to supply McDonald’s Corp with plant-based burgers, telling Reuters it cannot produce enough of its […]
January 7, 2020

S&P 500, Dow slip with investor focus on Middle East, but chipmakers climb

The S&P 500 and Dow declined on Tuesday as investor uncertainty persisted amid the U.S.-Iran standoff, while energy shares fell as oil prices gave up recent […]
January 7, 2020

VW’s Seat brand chief steps down as Renault continues CEO hunt

Volkswagen on Tuesday said that Luca de Meo has stepped down from his current role as head of its Spanish Seat brand just as rival Renault […]
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