Remain or leave? Carmakers confront hard Brexit choices
In three cavernous former Royal Air Force hangars at an old airbase in Wales, luxury carmaker Aston Martin is forging ahead with construction of a new vehicle assembly plant.
Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles
Asian shares pulled ahead to fresh 4-1/2-month highs and U.S. equity futures rose on a Reuters report that the United States and China have started to tackle the stickiest issues in their trade war.
Exclusive: China central bank sees benchmark rate cut as last resort, may use other tools – sources
China’s central bank is not yet ready to cut benchmark interest rates to spur the slowing economy, despite cooling inflation and a stronger yuan, which have fanned market expectations of such a move, policy sources told Reuters.
Exclusive: SpaceX, Boeing design risks threaten new delays for U.S. space program
NASA has warned SpaceX and Boeing Co of design and safety concerns for their competing astronaut launch systems, according to industry sources and a new government report, threatening the U.S. bid to revive its human spaceflight program later this year…
SK Hynix plans to spend $107 billion building four memory chip plants
South Korea’s SK Hynix Inc on Thursday said it would spend $107 billion building four factories, as the memory chip maker seeks to maintain its competitiveness in the face of Chinese efforts to become a leading chipmaking nation.
Google’s new cloud boss has big task to catch rivals, Reuters data show
Google has a new cloud computing boss and big ambitions to someday produce more revenue from that business than from advertising.
Johnson & Johnson receives federal subpoenas related to baby powder litigation
Johnson & Johnson said Wednesday it has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged asbestos contamination in its signature Baby Powder product line.
Asia shares up on Fed outlook, Aussie dollar seesaws after jobs data
Asian shares pulled ahead to fresh 4-1/2-month highs on Thursday after the U.S. Federal Reserve affirmed it would be “patient” on further interest rate rises and as Sino-U.S. trade talks hinted of progress towards a deal in their tariff war.
Blown away by innovation or price? Samsung’s foldable phone opens up debate
Samsung Electronics Co Ltd has wowed the smartphone industry with the first mainstream foldable screen, accompanied by a nearly $2,000 price tag that generated heated debate as to whether it may prove too expensive to revive slumping sales.
SK Hynix plans to invest $107 billion to build four semiconductor fabs after 2022
South Korea’s SK Hynix Inc plans to invest 120 trillion won ($106.66 billion) to build four semiconductor fabs after 2022 at a new cluster site in the country, the world’s second-biggest memory chipmaker said on Thursday.
