October 25, 2018

Chinese state-owned automaker FAW Group gets $144 billion credit line

China’s state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth over 1 trillion yuan ($144 billion), but did […]
October 25, 2018

Tesla shares jump as Musk delivers quarterly profit, cash

Tesla Inc reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk’s promise to […]
October 25, 2018

Stocks crumble as global growth, U.S. earnings fears spook markets

Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline […]
October 25, 2018

Cathay Pacific shares hit nine-year low after data leak affects 9.4 million passengers

Shares of Cathay Pacific Airways Ltd dropped more than 6 percent on Thursday to a nine-year low after it said data of about 9.4 million passengers […]
October 25, 2018

Hong Kong privacy commission expresses serious concern over Cathay data leak

Hong Kong’s privacy commission on Thursday expressed serious concern over a data breach at Cathay Pacific Airways and urged the airline to notify passengers affected by […]
October 24, 2018

Investors flee stocks on global worries, Treasuries rise

Wall Street stock indexes tumbled on Wednesday as spooked investors ran for safety on global economic and political worries while U.S. Treasuries prices climbed and the […]
October 24, 2018

Airbus eyes A220 jet cost cuts ahead of Montreal supplier meeting

European planemaker Airbus SE is working to improve quality and slash costs on the production of its new A220 jet, company executives said on Wednesday, ahead […]
October 24, 2018

Whirlpool profit beats estimate on higher North America sales

U.S. home appliances group Whirlpool Corp reported a quarterly profit that beat analysts’ estimates on Wednesday, boosted by price increases and higher sales in North America […]
October 24, 2018

Chipmaker AMD’s third-quarter revenue rises 4 percent

Chipmaker Advanced Micro Devices Inc’s quarterly revenue rose 4 percent, helped by higher sales of its processors and graphics chips used in computers and data centers. […]
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