U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737 MAX crashes, according to a copy of his written testimony seen by Reuters....
Bayer AG said on Tuesday it will scrap a nearly US$1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product.
Tesla Inc has signed a three-year pricing deal with Japan's Panasonic Corp relating to the manufacture and supply of lithium-ion battery cells at the Gigafactory in Nevada, the electric carmaker disclosed in a filing on Tuesday.
U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country, were advancing a "flawed" interpretation of Japanese law to fight their extradition.
Grab’s announced layoff of about 360 staff members suggests a rougher ride ahead, but people are hoping the company will weather the COVID-19 storm, says Jonathan Chang.
The Singapore Overnight Rate Average (SORA) will soon replace the current Swap Offer Rate (SOR) as a benchmark for loans. Here’s how SORA will be computed
WASHINGTON, DC: US retail sales increased by the most on record in May after two straight months of sharp declines as businesses reopened, offering more evidence that the recession triggered by the COVID-19 pandemic was over or drawing to an end. The report from the Commerce Department on Tuesday ......
WASHINGTON, DC: US bank profits fell by 69.6 per cent to US$18.5 billion in the first quarter of 2020 from the year prior as banks felt the economic impact of the novel coronavirus pandemic, according to data from a banking regulator. The Federal Deposit Insurance Corporation reported that ...
NEW YORK: Wall Street stocks surged on Tuesday (Jun 16) following better-than-expected US retail sales data that boosted hopes the economy will recover more quickly than some economists expect. The Dow Jones Industrial Average climbed 2.04 per cent, gaining 526.82 points, to close at 26,289.98 ...
German investor Heinz Hermann Thiele has raised his stake in Lufthansa , which this month agreed to a state bailout, to more than 15per cent from 10per cent, he told newspaper Frankfurter Allgemeine Zeitung in an interview.
