Samsung expects record Galaxy shipments, supply constraints

Tech giant Samsung Electronics Co Ltd (005930.KS) said it expects record shipments for the new Galaxy S smartphones that go on sale on Friday, but will have trouble meeting demand for its curved-edged model due to production constraints.


China to open 10 new air corridors to ease congestion -China Daily

China plans to open 10 new air corridors to help ease chronic air traffic congestion and address the problem of frequent flight delays, the official China Daily said on Wednesday, citing a senior aviation official.

Mercedes, Nissan expand cooperation to build pickup

Daimler AG on Tuesday said it would expand its cooperation with partner Nissan Motor Co Ltd to develop a mid-sized pickup truck for Mercedes-Benz as the German premium automaker seeks to narrow its sales gap with rival BMW.

Boeing beats Airbus in first quarter net orders, deliveries

U.S. planemaker Boeing (BA.N) beat European rival Airbus (AIR.PA) in net new orders and deliveries in the first quarter, according to figures released on Tuesday.


Latest News

Brent crude prices fell almost $1 a barrel on Tuesday, with an Iranian delegation in Beijing this week to push for more oil sales.
The timing of the Federal Reserve's interest rate hike, which would be its first in nearly a decade, is unclear and for now policymakers must watch that the U.S. economy's surprising recent weakness does not signal a more substantial slowdown, a top Fed official said on Monday.
U.S. companies can expect the same treatment as those from the rest of the world, receiving neither special benefits nor punishment, if there is a further commercial opening between Cuba and the United States, Cuba's foreign trade minister said.
Oil prices jumped more than 5 percent on Monday as traders reassessed how quickly Iran might increase exports after a preliminary nuclear deal and anticipated that a months-long rise in U.S. crude inventories may be slowing.
Greece must reach an outline funding agreement with its lenders at a meeting of euro zone finance ministers on April 24, its finance minister told a Greek newspaper on Monday.
Greek Finance Minister Yanis Varoufakis said on Sunday that Greece "intends to meet all obligations to all its creditors, ad infinitum," seeking to quell default fears ahead of a big loan payment Athens owes the IMF later this week.
Ukraine has asked for 1 billion cubic meters of gas imports from Russia in April, trebling the amount it received in March, Russian Energy Minister Alexander Novak said on Saturday.
The Ukrainian government approved on Saturday the framework for Ukraine's debt restructuring operation through which it aims to generate $15.3 billion, the Finance Ministry said in a statement.
Greek Finance Minister Yanis Varoufakis will meet International Monetary Fund Managing Director Christine Lagarde in Washington on Sunday to discuss a set of planned reforms that Athens hopes will unlock much-needed bailout funds.
Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras plan to discuss economic ties and the European Union's sanctions against Moscow when they meet for talks next week, a Kremlin spokesman said on Friday.