For months, a powerful U.S. senator has been pushing for details of a murky deal under which a Russian manufacturer supplies the rocket engines used to launch America’s spy satellites into space.
Regions
Volkswagen China growth slows to 10 percent due to capacity limits
Volkswagen AG's (VOWG_p.DE) growth in China is expected to slow to around 10 percent this year from 16 percent in 2013 due to a conservative strategy that has limited its production capacity, the head of its Chinese operations said on Tuesday.
Japan's Hitachi closes in on Finmeccanica rail assets
Italian industrial conglomerate Finmeccanica (SIFI.MI) said on Tuesday Japan's Hitachi (6501.T) had submitted an offer to buy rail assets it has put on the block as part of plans to cut debt.
Airbus to deliver first A350 jetliner around December 12
European planemaker Airbus aims to deliver the first A350 jetliner to launch customer Qatar Airways by mid-December, the airline said on Tuesday.
Lufthansa signs $1.25 billion outsourcing deal with IBM
IBM (IBM.N) has won an outsourcing contract from Germany's Lufthansa (LHAG.DE) worth 1 billion euros ($1.25 billion) that will see the U.S. company take over the airline's information technology infrastructure services division and staff.
Latest News
The U.S. auto safety regulator on Tuesday called on Japanese supplier Takata and five automakers to expand nationwide a regional recall of potentially deadly air bags, increasing pressure on the industry to act more swiftly in the growing scandal.
The Association for Corporate Growth Orange County Chapter (ACG OC) announced today the annual Southern California Capital Summit, highlighted by the first public release of the executive summary results from Pepperdine University's National Private Capital Markets Project, on Thursday, November 20, 2014 at 5:00 PM at the Irvine Marriott Hotel. A panel of capital market experts will be on hand to comment on the survey findings, presented by Pepperdine University professor Dr. Craig Everett.
The Dow and S&P 500 closed at record highs on Tuesday, lifted by further gains in healthcare shares and hopes for a stronger global economy.
Japanese stocks rose on Wednesday as investors held out hope for more robust growth after Prime Minister Shinzo Abe delayed a tax hike and called an early election to seek a fresh mandate for his aggressive policies to shore up the economy.
With US Fed likely to increase the interest rates by mid 2015 and ECB and BoJ keeping their monetary policy accommodative, there could be major capital flows from euro area and Japan into the US and thereby leading to further strengthening of the US dollar.
Mario Draghi, President of the European Central Bank gave introductory remarks at the EP’s Economic and Monetary Affairs Committee on 17th November 2014. He mostly spoke about the ‘relationship of financial fragmentation and monetary policy’ and the ‘Eurosystem’s collateral framework’.
Finland's Nokia (NOK1V.HE) announced a brand-licensed tablet computer which runs on Google's (GOOGL.O) Android platform, just six month after the company sold its ailing phones and devices business to Microsoft (MSFT.O) for over $7 billion.
Vernalis plc today announces a change to its accounting reference date and financial year end from 31 December to 30 June and provides an update on its cough cold pipeline since it announced its half year result in August.
Japan's Sony Corp (6758.T) said it is aiming to lift its movie and TV revenue by more than a third in the next three years as it cuts costs and invests in potential hit films, including a new Spider-Man movie.
