November 8, 2019

Japanese companies likely to spurn Saudi Aramco IPO: JXTG president

Japanese companies are unlikely to invest in Saudi Aramco’s blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world’s biggest […]
November 8, 2019

With discounts galore and Taylor Swift, Alibaba eyes another record Singles’ Day

Alibaba Group will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance by American popstar Taylor Swift […]
November 8, 2019

New PSA-Fiat Chrysler management to try to improve cost savings: PSA CEO

The value of the cost savings announced in the planned merger between Peugeot owner PSA and Fiat Chrysler is nominal and management will target improvements over […]
November 8, 2019

Asian shares ease from six-month highs on U.S.-China trade angst

Asian stocks retreated from six-month highs on Friday as conflicting signals from China and the United States on progress made in trade talks deflated market hopes […]
November 8, 2019

Rare permit for Keystone oil pipeline in spotlight after spills

The massive Keystone pipeline has been transporting oil from Canada to the United States at a higher-than-standard level of pressure since it started operating in 2010, […]
November 8, 2019

Volkswagen’s Shanghai EV plant with SAIC has started trial production: VW CEO

Trial production has started at Volkswagen AG’s (VW) and SAIC Motor Corp Ltd’s $2.5 billion electric vehicle (EV) factory in Shanghai, VW’s chief executive said on […]
November 8, 2019

Asian shares eases from six-month highs on U.S.-China trade uncertainty

Asian stocks retreated from six-month highs on Friday on uncertainty over whether and when the United States and China will seal a deal marking a truce […]
November 8, 2019

Indonesia’s Lion Air finds cracks in two 737 NGs with fewer flights than FAA safety directive

Lion Air has found structural cracks in two Boeing Co 737 NG planes with fewer flights than a U.S. Federal Aviation Administration (FAA) threshold for checks, […]
November 8, 2019

UPS liable for shipping contraband cigarettes in New York, damages reduced: court

A federal appeals court found United Parcel Service Inc liable to New York state and New York City for shipping hundreds of thousands of cartons of […]
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