November 14, 2018

Daimler to open new R&D center in China to accelerate localization

German automaker Daimler AG said on Wednesday it plans to invest 1.1 billion yuan ($158.23 million) in a second research and development center in Beijing to […]
November 14, 2018

Euro under pressure as Italy sticks to deficit target in budget

The euro hovered below $1.13 on Wednesday as Italy re-submitted its draft budget for next year to the European Commission and traders prepared for economic growth […]
November 14, 2018

South Korea regulator says Samsung BioLogics intentionally breached accounting rules

South Korea’s top financial regulator on Wednesday said it found Samsung BioLogics Co Ltd intentionally breached accounting rules in inflating the company’s value ahead of its […]
November 14, 2018

U.S. most-favored equity region, tech allocations down: BAML survey

Despite market wobbles, the United States is the most favored equity region for global fund managers, who broadly expect the S&P500 index to rise another 12 […]
November 14, 2018

Singapore Airlines finds premium economy a tougher sell on new non-stop U.S. flights

Singapore Airlines Ltd is facing no problem selling business class tickets on its ultra-long non-stop flights to the United States but is having to price premium […]
November 14, 2018

FAA, Boeing study need for 737 MAX software changes after crash

The U.S. Federal Aviation Administration and Boeing Co are evaluating the need for software or design changes to 737 MAX jets in the wake of last […]
November 14, 2018

Weaker retail sales loom over China’s economy despite some bright spots

China delivered a mixed economic report card for October on Wednesday as softening retail sales pointed to a consumption slowdown, even as a pick-up in industrial […]
November 14, 2018

Oil extends slide from 7 percent slump the day before as outlook darkens

Oil markets slipped again on Wednesday, extending losses from a 7 percent plunge the previous session as surging supply and the specter of faltering demand scared […]
November 14, 2018

FAA denies report on new probe of Boeing’s safety analyses on 737 MAX

The U.S. aviation regulator denied on Tuesday a report that it had launched a new probe of the safety analyses performed over the years by Boeing […]
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