Airlines scour the world for scarce 737 MAX simulators
(This January 21 story corrects reference to Copa being the only Latin American airline with a 737 MAX simulator, clarifies 245 refers to 737 MAX pilots not total pilots in paragraph 20)
Hyundai Motor returns to profit in fourth-quarter as SUV sales boost margins
South Korea’s Hyundai Motor Co swung to a fourth-quarter profit from a loss a year earlier, helped by brisk sales of sport-utility vehicles such as its Tucson and Palisade models.
GM’s Cruise unit unveils driverless prototype vehicle for ride-sharing service
General Motors Co’s self-driving car unit, Cruise, on Tuesday unveiled a prototype electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service.
Oil declines as market surplus forecast counters Libya worries
Oil prices eased on Wednesday, extending declines as the International Energy Agency (IEA) forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya’s crude output.
Yuan, Australian dollar struggle to wipe off coronavirus concerns
The yuan dipped and the Australian dollar hit a six-week low on Wednesday as investors feared the outbreak of a new coronavirus in China could create more headaches for the Chinese economy, which is already slowing because of the U.S.-China trade war.
China stocks tumble on virus outbreak, but regional markets steady
Asian stock markets bounced on Wednesday as China’s response to a virus outbreak tempered fears of a global pandemic, although Shanghai shares slipped amid worries about a hit to domestic demand and tourism.
Netflix forecasts tough start to 2020; Disney+ going global
Netflix Inc has entered a new year that will be far tougher than the one it left behind.
Tesla crosses $100 billion stock market valuation in extended trading
Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future.
Oil falls again as amply global supply seen offsetting Libyan outage
Oil prices edged lower on Wednesday, extending the previous session’s drops, as investors continue to shrug aside the impact of almost all of Libya’s crude production being off-line amid plentiful supplies elsewhere.
Asian stocks arrest slide but investors on edge over China virus
Asian share markets steadied on Wednesday as investors took stock of the spread of a new strain of coronavirus from China and weighed the possible consequences of a global pandemic.
