Boeing workers okay contract securing 777X jet production in Washington

Boeing Co.'s machinists on Friday voted 51% against 49% in favor of accepting a crucial labor contract, which means Boeing will build its 777X jetliner and wings in Washington state.


China promises more support for embattled solar power industry- report

China said it would give more support to the domestic solar power industry as the government seeks to revamp a sector that is plagued with overcapacity and lower prices, Reuters reported.

China set to knock out US in #1 spot as world's top trader- report

China may topple the US as the top trader of the world for the first time when it unveils the value of trade of its goods for 2013, The Brics Post reported.

Marks and Spencer's Marc Bolland to come under investor pressure if next week's figures disappoint- report

Some investors say that Marc Bolland, the head of retailer Marks and Spencer will come under renewed investor pressure if the Christmas and New Year sales figures next week disappoints, a Financial Times report said.


Latest News

The first Johnny Rockets restaurants in Pakistan was opened today in Dolmen Mall in Karachi by franchise partner Hamdan International as part of its plan to have ten Johnny Rockets chain in the country by 2022.
Sources said that no settlement talks are currently taking place between department store chains Macy's and J.C. Penney Co. on their dispute over Martha Stewart-branded home goods.
Tactus Technology, an on-demand tactile surfaces provider, said it closed the first part of its Series B funding round with existing investors led by Thomvest Ventures and the participation new investors from Asia.
The US 6th Circuit Court of Appeals on Friday ruled against food and beverage company Dean Foods Co. in an antitrust case. The said lawsuit alleged that Dean Foods conspired to restrict competition for bottled milk in southeastern states in the US after its 2001 merger with Suiza Foods Corp.
RJ Lane filed a case against Deutsche Bank, BDO Seidman and a former partner of BDO Seidman over claims that they formed a fraudulent tax shelter that caused him losses, Bloomberg reported.
Retail chain Grupo Elektra, controlled by Mexican billionaire Ricardo Salinas Pliego, is expected to close a deal to acquire video and video games sales and rental company Blockbuster Mexico next week.
The New York Federal Reserve Bank filed a motion in a federal court in the Southern District of New York seeking a dismissal of the lawsuit filed by former employee Carmen Segarra.
Argentina's stock regulator CNV on Friday rejected Braskem's $1.35 per share bid to buy roughly 30% of the shares of plastics maker Solvay Indupa that are traded on the Buenos Aires bourse. CNV said that the offer was below Solvay Indupa's book value of $2.81 per share as of September.
Harbinger Capital Partners, controlled by American investor Philip Falcone, has asked the US Bankruptcy Court in Manhattan to reject Dish Network Corp.'s $2.2 billion takeover bid for bankrupt satellite firm LightSquared Inc.
A regulatory filing showed that Fortress Transportation and Infrastructure Investors intends to raise up to $100 million in its initial public offering in New York, Reuters reported.
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