DUBAI (Reuters) - Airline pioneer Bill Franke looked set to place a historic $40 billion order for around 400 Airbus A320 jets, shaking up the low-cost industry and turning the annual race between Airbus and Boeing for plane orders on its head.
TOKYO (Reuters) - A unit of Kobe Steel is set to lose all of its Japan Industrial Standards (JIS) certifications at its Hatano plant, including one already revoked last month, the Nikkei reported on Wednesday.
BEIJING (Reuters) - Chinese artificial intelligence (AI) startup SenseTime Group said on Wednesday it has sealed an investment from chipmaker Qualcomm Inc as part of a funding round that will close later this year.
DUBAI (Reuters) - Airbus SE is close to agreeing a blockbuster order worth more than $40 billion at list prices to sell around 400 aircraft to U.S.-based investment fund Indigo Partners, founded by low-cost airline pioneer Bill Franke, two sources said.
DUBAI/MONTREAL (Reuters) - State-owned EgyptAir signed an initial order for 12 Bombardier Inc CSeries jets on Tuesday, marking the Canadian planemaker's second deal for the aircraft this month after a 1-1/2-year-long sales drought.
WASHINGTON (Reuters) - U.S. Attorney General Jeff Sessions on Tuesday declined to answer when asked if any White House officials contacted the Justice Department to discuss the government's review of AT&T Inc's proposed $85.4 billion acquisition of Time
WASHINGTON (Reuters) - Volkswagen AG confirmed on Tuesday it has agreed to pay $69 million to settle New Jersey state diesel emissions claims, one of the last major outstanding diesel legal issues the German automaker faces in the United States.
(Reuters) - Home Depot Inc , the largest U.S. home improvement chain, beat analysts' quarterly profit and sales estimates, as hurricanes Harvey and Irma boosted demand for emergency products and rebuilding materials.
FRANKFURT (Reuters) - The U.S. Federal Reserve's guidance about its likely future policy path is beneficial but should always be viewed as conditional on how the economy actually develops, Fed Chair Janet Yellen said on Tuesday.
DUBAI (Reuters) - Ethiopian Airlines would be interested in buying around 10 to 20 of the mid-sized jets that Boeing is studying whether to develop, the African airline's chief executive said on Tuesday.
DUBAI (Reuters) - Emirates [EMIRA.UL] believes Airbus can meet demands from the airline's owner, the Dubai government, for the European planemaker to guarantee development of the superjumbo A380 program.
SAN FRANCISCO (Reuters) - A proposal by the U.S. Senate to change the way shares in startup companies are taxed incited panic and dread in Silicon Valley on Monday, with startup founders and investors warning of nothing less than the demise of their indus
SYDNEY (Reuters) - Asian stocks wobbled on Tuesday as investors awaited developments in U.S. tax reform efforts, while contemplating if a marked flattening in the U.S. yield curve might ultimately be a harbinger of an economic slowdown there.
(Reuters) - Goldman Sachs Group Inc has written down to zero the value of its stake in the Weinstein Company, the movie studio whose co-chairman Harvey Weinstein stepped down last month following sexual assault allegations, a person familiar with the matt
CHICAGO (Reuters) - Wal-Mart Stores Inc said on Monday it will offer Hudson's Bay Co- owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business.
(Reuters) - Restaurant chain Buffalo Wild Wings Inc has received a takeover bid valued at more than $2.3 billion from private-equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter.
(Reuters) - Roku Inc's shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year.
(Reuters) - Canadian plane-and-train-maker Bombardier Inc is in advanced talks with EgyptAir over a potential $1.1 billion order for CSeries jets, Bloomberg reported, citing people familiar with the matter.
NEW YORK (Reuters) - U.S. stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities.