Business

Exclusive: Mitsubishi Heavy In Talks To Become F-35 Supplier, Seeks Japan Subsidy: Sources

Mitsubishi Heavy Industries is in advanced talks to supply parts for the F-35 stealth fighter to Britain's BAE Systems, in what would be the first involvement of a Japanese manufacturer in a global weapons program, according to people with...

Analysis: BP Back In Favour Despite Spill Legacy, Russia Doubts

If you had spent 10 pounds on BP shares on April 19, 2010, you would have just nine pounds now, including dividends. A poor investment, however you cut it, but also a remarkable recovery. A day later an explosion at...

Top Bankers Expect EU Stress Tests To Reignite Banking M&A

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Bankers expect a thorough European Central Bank (ECB) health check of the euro zone's largest banks to reignite domestic and cross-border merger activity by rebuilding confidence among lenders. The sovereign debt crises that nearly caused a break-up of the single...

Swiss cCabinet Blocked Branson From Heading Finance Regulator – Paper

Switzerland's cabinet has twice refused to accept the nomination of a British-born ex-UBS (UBSN.VX) banker as head of the financial market regulator, hoping to see more competition for the role, a Swiss newspaper reported on Sunday. Mark Branson is leading...

Tata Motors Executive Karl Slym Dies In Fall From Hotel

Karl Slym, managing director of India's Tata Motors Ltd (TAMO.NS), died on Sunday after falling from a high floor of a hotel in Bangkok, the company said. Slym, 51, had attended a board meeting of Tata's Thailand unit in the...

Tesla China Chief Unveils Aggressive Growth Plan For China

U.S. electric carmaker Tesla Motors Inc (TSLA.O) expects its China sales to contribute one third of global sales growth this year, a senior executive said, adding that a trademark issue stalling full-entry into China had been resolved. Veronica Wu, vice...

Emerging Market Policymakers Move To Allay Currency Concerns

Top emerging market policymakers moved to allay concerns about their economies on Friday after investors sold off their currencies, raising fears of a broad market rout. The U.S. Federal Reserve's plan to gradually withdraw its stimulus has long been expected...

Emerging Markets’ Sell-Off Accelerates On China, Fed Worries

A sharp sell-off in emerging market currencies accelerated on Friday, setting global stocks on track for their worst week this year with worries mounting over an economic slowdown in China, U.S. monetary policy and domestic political issues from Turkey...

Boeing Says Dreamliner Reliability Still Not Satisfactory

The reliability of Boeing's (BA.N) 787 Dreamliner is slowly improving but it is still not at a satisfactory level and the firm is working to improve the jet's performance, Mike Fleming, Boeing's vice president for 787 support and services...

Microsoft Profit Beats Forecasts, No Word On New CEO

Microsoft Corp posted a bigger-than-expected quarterly profit on Thursday, boosted by strong sales of its software and services for businesses, a solid holiday season for its new Xbox game console and Surface tablets, and a slightly lower tax bill. The...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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