Boeing Co is set to win approval for its grounded 737 MAX this week, but chinks are appearing in the brand as the most traumatic chapter in the jetmaker's history overshadows the planes' original billing of superlative performance.
Volkswagen plans to invest 1 billion euros (US$1.18 billion) in its Slovak plant, including 500 million euros to produce next-generation Passat and Skoda Superb models, VW Slovakia Chairman Oliver Gruenberg said on Monday.
REUTERS: Moderna Inc said on Monday its experimental vaccine was 94.5per cent effective in preventing COVID-19 based on interim data from a late-stage clinical trial, becoming the second U.S. company in a week to report results that far exceed expectations. Together with Pfizer Inc's vaccine ...
U.S. stock index futures rose nearly 1per cent on Monday as bets of an economic recovery, aided by hopes of an effective COVID-19 vaccine, helped investors shrug off worries over new restrictions to combat surging infections across the United States.
After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co is set to win U.S. approval on Wednesday to resume flights of its grounded 737 MAX.
SINGAPORE: The Singapore Airlines (SIA) Group suffered a 98.1 per cent year-on-year decline in passenger carriage in October, despite moves to open Singapore's borders to more places. "Demand for air travel remained tepid as border controls and travel restrictions remained in place in most ...
Games company Nexon Co Ltd is betting on bringing long-running PC titles to mobile devices to drive revenue, as faster internet speeds and improved processing power improve the gaming capability of smartphones, its CEO told Reuters.
Deutsche Bank Chief Executive Officer Christian Sewing said on Monday that the German lender will focus on the bank's restructuring over the next year rather than on mergers.
SINGAPORE: New private home sales in Singapore plunged more than 50 per cent in October amid a dearth of fresh projects and restrictions on the reissue of options to purchase (OTP). Private developers sold 642 units, excluding executive condominiums (ECs), in October, data from the Urban ...
GIC has entered into a joint-venture agreement with Europe's Melcombe Partners to acquire and develop urban logistics properties in Europe.
