February 19, 2020

‘Made in Russia’ passenger jet finds a single buyer: Aeroflot

Russia’s main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a […]
February 19, 2020

China stimulus hints, slowing spread of virus lift stocks

A decline in the number of new coronavirus cases in China and mounting expectations for more policy stimulus boosted global equity markets on Wednesday and pushed […]
February 19, 2020

Nokia to acquire optical networking tech firm Elenion

Finnish telecom networks maker Nokia Oyj said on Wednesday it has agreed to acquire privately-held U.S.-based company Elenion Technologies to boost its optical networking business and […]
February 19, 2020

Kuwaiti parliament to investigate Airbus aircraft orders

Kuwaiti lawmakers agreed on Wednesday to set up a committee to look into whether Airbus’s aircraft orders from the Gulf Arab state involved alleged corruption, the […]
February 19, 2020

U.S. urges EU to use 5G by Ericsson, Nokia, Samsung, seen on par with Huawei

EU countries have no reason to use 5G mobile technology from Huawei because Sweden’s Ericsson , Finland’s Nokia and South Korea’s Samsung are on par with […]
February 19, 2020

Adidas’ China business activity falls 85% due to coronavirus

German sportswear maker Adidas said on Wednesday that business in the Greater China area had dropped by about 85% year-on-year as the coronavirus outbreak has resulted […]
February 19, 2020

Exclusive: Unilever, 3M on list of firms eligible for China loans to ease coronavirus crisis – sources

Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co , as eligible for millions of dollars in subsidized […]
February 19, 2020

SoftBank to borrow $4.5 billion pledging domestic telco’s shares

SoftBank Group Corp said on Wednesday it plans to borrow up to 500 billion yen ($4.5 billion) from 16 domestic and foreign financial institutions using almost […]
February 19, 2020

Exclusive: India antitrust investigators see no evidence of collusion by IndiGo, SpiceJet and others – sources

Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo , and four rival carriers colluded to fix ticket prices, three […]
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