Exclusive: Istanbul airport consortium does not need new financing or partners – Limak
Istanbul’s new airport does not need additional financing and Turkish Airlines will not be a partner in the airport consortium, the chairman of airport shareholder Limak Holding told Reuters.
China February factory activity shrinks to three-year low, export orders worst in a decade
Factory activity in China contracted to a three-year low in February as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in an economy facing weak demand at home and abroad.
Carlos Ghosn’s new legal team has applied for bail -Tokyo district court
Carlos Ghosn’s new legal team has applied for bail for the ousted Nissan Motor Co Ltd chairman, the Tokyo District Court said on Thursday, the latest attempt after a string of requests were denied by judges citing Ghosn being a flight risk.
Carmaker Aston Martin’s adjusted pre-tax profit falls
Luxury British carmaker Aston Martin posted an adjusted pre-tax profit of 68 million pounds ($90 million) in 2018, a 7 percent fall on 2017 as it continues to invest in a series of new models and a second factory as part of its turnaround plan.
Asian stocks fall as trade hopes wane, U.S.-North Korea summit ends early
Asian stocks fell on Thursday as investors dialed back some of their recent optimism about a Sino-China trade deal while news that the U.S.-North Korean summit in Hanoi was ending early rattled confidence late in the trading day.
Starbucks’ China rival Luckin Coffee taps three banks for U.S. IPO: sources
Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019, said people with direct knowledge of the matter.
Exclusive: Istanbul’s new airport consortium does not need new financing, partners – Limak chairman
Istanbul’s new airport does not need additional financing and Turkish Airlines will not be a partner in the airport consortium, the chairman of airport shareholder Limak Holding told Reuters.
U.S. companies put record number of robots to work in 2018
U.S. companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants.
Exclusive: Meeting Maduro – Inside a U.S. businessman’s oil deal with Venezuela
In November 2017, Harry Sargeant III, a wealthy American businessman, flew to Venezuela to see about buying some oil.
Consumers, weak exports seen curbing U.S. fourth-quarter growth
The U.S. economy probably slowed in the fourth quarter, held back by softer consumer spending and weak exports, which could leave 2018 growth just shy of the Trump administration’s 3 percent annual target.
