TOKYO (Reuters) – Nidec said on Sunday that it is teaming up with Brazilian firm Embraer to form a new company that will make parts for flying cars and be set up in the United States. The new fi[...]
Read more
June 17, 2023
Boeing boosts 20 year outlook for planes due to narrowbody demand
By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by[...]
Read more
Taiwan seeks closer EU ties in return for chip investment – minister
By Philip Blenkinsop (Reuters) – European countries should strengthen relations with Taiwan if they want continued Taiwanese investment in semiconductor production, Foreign Minister Joseph Wu sa[...]
Read more
Elon Musk says Twitter video app for smart TVs is ‘coming’
(Reuters) – A Twitter video app for smart TVs is in the social media company’s plans, owner Elon Musk said in a tweet on Saturday, a move that would be in line with the company’s new[...]
Read more
WestJet to shut down Sunwing Airlines
(Reuters) – WestJet group is planning to wind down low-cost carrier Sunwing Airlines and integrate it into its main business, according to a memo seen by Reuters. The move is part of the integra[...]
Read more
Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
(Reuters) – Inflation in the United States will not decline as quickly as markets are currently pricing, according to a note from strategists at Goldman Sachs cited in a Bloomberg report on Satu[...]
Read more
Exclusive-Blackstone’s Horizon head Scott Bommer to leave company
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackstone Group’s Scott Bommer, who oversaw its hedge fund unit’s growth strategy Horizon platform, is leaving the company for health rea[...]
Read more
‘Prospects for UBS are better than ever’ – CEO Ermotti
ZURICH (Reuters) – UBS’s Chief Executive sought to reassure Switzerland on Saturday over its new banking giant, created by the Swiss bank’s historic takeover of former rival Credit S[...]
Read more
Taiwan says will it keep talking to US on forex policies
TAIPEI (Reuters) – Taiwan’s central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and will keep talking with them about foreign exchange poli[...]
Read more