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Updated: 16 hours 45 min ago

U.S., China agree to semi-annual talks aimed at reforms, resolving disputes

Sun, 01/12/2020 - 10:09
The United States and China have agreed to restart semi-annual talks aimed at resolving economic disputes between the two countries, a process abandoned at the start of the Trump administration as a trade conflict between the countries escalated.

Greta Thunberg calls on Siemens to review Australia coal project

Sat, 01/11/2020 - 21:40
Climate activist Greta Thunberg has called on German engineering group Siemens AG to review its role in helping to develop a coal mine project in Australia.

Amazon boss Bezos to face protests from traders during India trip

Sat, 01/11/2020 - 17:49
Thousands of small-scale traders in India are planning to organise protests against Amazon.com Inc founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials.

China says no significant cut in new energy vehicle subsidies in 2020

Sat, 01/11/2020 - 17:25
China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country's industry ministry as saying on Saturday.

Striking Cambodian casino workers return to work in NagaWorld deal

Sat, 01/11/2020 - 14:34
Thousands of striking Cambodian workers of a Hong Kong-listed casino company returned to their jobs on Saturday after winning wage increases and the reinstatement of a suspended union leader in a rare labour victory.

China will not cut new energy vehicle subsidies in July, minister says

Sat, 01/11/2020 - 14:33
China will not cut subsidies for new energy vehicles (NEV) again in July, Miao Wei, its minister for industry and information technology, said on Saturday, in a move that could bring some respite for vehicle makers.

Chief executive of UAE's ADNOC sees global economy in better shape in 2020

Sat, 01/11/2020 - 13:24
The global economy is going into 2020 in better shape than last year, Sultan al-Jaber, the chief executive of Abu Dhabi National Oil Co (ADNOC) said on Saturday, adding that he was pleased regional tension had dissipated in the past few days.

Mercedes-Benz to build smart brand cars with Geely in China's Xi'an: senior executive

Sat, 01/11/2020 - 12:32
Mercedes-Benz will build smart-branded electric cars with Zhejiang Geely Holding Group in the Chinese city of Xian from a base with annual capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG said on Saturday.

Japan seeks Interpol wanted notice for wife of ex Nissan boss

Sat, 01/11/2020 - 10:27
Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor boss Carols Ghosn, local media reported on Saturday.

Boeing's ousted CEO departs with $62 million, even without severance pay

Sat, 01/11/2020 - 08:43
Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis.

U.S. regulator seeks to fine Boeing $5.4 million for defective parts on 737 MAX planes

Sat, 01/11/2020 - 06:52
The Federal Aviation Administration (FAA) said on Friday it was seeking to fine Boeing Co $5.4 million (£4.14 million), alleging it failed to prevent the installation of defective parts on 737 MAX airplanes.

Boeing's ousted CEO departs with $62 million, even without severance pay

Sat, 01/11/2020 - 06:52
Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million (47.5 million pounds) in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis.

'Designed by clowns': Boeing employees ridicule 737 MAX, regulators in internal messages

Sat, 01/11/2020 - 06:03
Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was "designed by clowns who in turn are supervised by monkeys".

'Designed by clowns': Boeing employees ridicule 737 MAX, regulators in internal messages

Sat, 01/11/2020 - 06:02
Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was "designed by clowns who in turn are supervised by monkeys".

Wall Street slips from records after jobs data, but posts weekly gains

Sat, 01/11/2020 - 05:42
U.S. stocks fell on Friday from record-high levels as investors took profit and data showed slower-than-expected December U.S. jobs growth, but the major indexes posted gains for the week.

WarnerMedia's CNN to pay $76 million to settle dispute with Team Video Services

Sat, 01/11/2020 - 05:09
WarnerMedia's news channel CNN, owned by AT&T Inc , on Friday agreed to pay $76 million (58.2 million pounds) in backpay to settle a long-standing dispute over the termination of a contract with camera operators Team Video Services (TVS).

Apple pushes recycling of iPhone with "Daisy" robot

Sat, 01/11/2020 - 04:33
Apple Inc is trying to change the way electronics are recycled with a robot that disassembles its iPhone so that minerals can be recovered and reused, while acknowledging rising global demand for electronics means new mines will still be needed. The Cupertino, California-based company says the robot is part of its plan to become a "closed-loop" manufacturer that does not rely on the mining industry, an aggressive goal that some industry analysts have s

GM to revive Hummer name with electric pickups, SUVs - sources

Sat, 01/11/2020 - 04:27
General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star LeBron James, two people briefed on the matter said on Friday.

Dollar, stocks slide on renewed Middle East tensions

Sat, 01/11/2020 - 03:08
The dollar fell and global equity markets retreated from fresh highs on Friday, as signs of renewed U.S.-Iranian tensions scuttled a rally triggered by a U.S. labor report showing a strong economy despite slowing job growth in December.

Canadian prosecutors say case against Huawei CFO is about fraud, not sanctions

Sat, 01/11/2020 - 02:52
Huawei executive Meng Wanzhou's conduct amounts to fraud under Canadian law and the court need not consider U.S. sanctions law, Canadian federal prosecutors argued in a court filing released on Friday.

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