U.S. lawmakers urge Google, Facebook to resist Vietnam cybersecurity law
Seventeen U.S. lawmakers have urged the CEOs of Facebook and Google to resist changes stipulated by a new cybersecurity law in Vietnam, which critics say gives the Communist-ruled state more power to crackdown on dissent.
EU says Volkswagen yet to guarantee emission fix does not impair cars
European consumer authorities criticized Volkswagen on Tuesday for failing to guarantee that repairs after the Dieselgate scandal would not affect cars’ performance.
Eurofighter eyes ‘hundreds’ of additional sales
The sales chief of Eurofighter said he was confident the four-country consortium could sell “several hundred” more aircraft in coming years, given rising military spending and ongoing competitions.
Boeing lifts 20-year industry demand forecast to $6.3 trillion
Boeing Co raised its rolling 20-year industry forecast for passenger and cargo aircraft by three percent on Tuesday, but shaved its projections for wide-body as well as regional jets, as its battle with Airbus intensifies in smaller planes.
World stocks ride out oil rout as focus turns to Fed
World stocks recovered some ground on Tuesday as oil prices stabilised, while the dollar edged lower and most other markets were subdued before Federal Reserve Chair Jerome Powell testifies to the U.S. Congress.
After reprieve, Britain’s May faces Brexit battle in parliament on trade
British Prime Minister Theresa May faces a battle over trade in parliament on Tuesday, with pro-EU lawmakers hoping to influence her plans to leave the European Union a day after she bowed to demands from Brexit campaigners.
ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo: source
China’s ICBC Leasing has emerged as the major financier behind a provisional $8.8 billion order at list prices for 80 Airbus A320neo single-aisle jets, a person familiar with the matter said.
U.S. ban on China’s ZTE forces telecoms to rethink business: sources
The U.S. trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider broadening their supply networks, industry sources told Reuters.
Thyssenkrupp leadership vacuum revives restructuring hopes
Thyssenkrupp shares were indicated 3.4 percent higher early on Tuesday as analysts expect a deeper restructuring of the German submarines-to-elevators conglomerate after the resignation of its chairman.
Moonwalking: South Korea’s wage, hours policies backfire for jobless, low income workers
President Moon Jae-in wants South Koreans to work less and earn more – and to achieve that his government has hiked the minimum wage and slashed the maximum length of the working week. But Heo Jeong, who serves barley tea samples at a Lotte Mart store in Seoul, says she lost a third of her income as a result.
