China customs lifts suspension on Tesla Model 3 imports: sources
China’s customs authority has lifted their suspension on imports of Tesla’s Model 3 after the U.S. electric car maker made the necessary rectifications, two sources familiar with the matter said on Thursday.
Audi sees margin target hit by electric car investments
Audi the premium brand owned by Volkswagen said it expects to deliver an operating return on sales between 7 percent and 8.5 percent, below its long-term target, as costs for developing electric cars weigh on profits.
Novartis generics boss quits amid conjecture over business’s future
Novartis’s generics chief is quitting after the Swiss drugmaker sold parts of the business and initiated an 18-month revamp, fueling speculation about an eventual spin-off or sale.
Black boxes from crashed Ethiopian plane are in France: BEA
The black boxes from the crashed Ethiopian Airlines Boeing 737 MAX 8 arrived in Paris on Thursday but are not yet in the possession of France’s BEA air accident investigation agency, a BEA spokesman said.
Japan bans Boeing 737 MAX planes from its airspace
Japan’s transport ministry on Thursday said it had banned flights by Boeing Co’s 737 MAX 8 and 9 aircraft from its airspace, the latest country to do so following the Ethiopian Airlines plane crash that killed 157 people.
Ethiopian crash black boxes sent to Paris as 737 MAX jets grounded globally
Two black boxes from the Boeing 737 MAX airplane that crashed in Ethiopia were being taken to Paris for investigation, Ethiopian Airlines said, as regulators around the world awaited word on whether it was safe to resume flying the jets.
Asia shares slip after China data, pound near 9-month peak
Asian shares stumbled on Thursday after Chinese data signaled further weakness in the world’s second-biggest economy while the pound eased off nine-month highs ahead of another Brexit vote.
Malaysia’s securities regulator issues Goldman Sachs with show-cause letter
Malaysia’s securities commission said on Thursday that it has issued a show-cause letter to Goldman Sachs, which is embroiled in multi-jurisdictional investigations into Malaysian state fund 1Malaysia Development Berhad (1MDB).
Lufthansa eyes stable margins, mid single-digit revenue growth in 2019
Lufthansa forecast stable margins and revenue growth in the mid-single digits this year as it eyes cautious expansion in the busy summer months, manages costs and targets break even at its budget airline Eurowings.
What General Electric investors want from CEO on Thursday
Portfolio manager Michael Kon began buying General Electric Co shares about a year ago and got more last fall after GE Chief Executive Larry Culp outlined plans to reboot the ailing power-plant unit.
