Airbus names new CEO and chairman for Airbus China unit
PARIS (Reuters) – European planemaker Airbus on Wednesday named new top executives for its Chinese division, which has been a key focus during French President Emmanuel Macron’s trip to China, with Airbus hoping to finalize a major Chinese contract so…
Airbus-China contract for 184 A320 jets to be finalized soon: France’s Macron
BEIJING (Reuters) – French President Emmanuel Macron said a contract with China for 184 Airbus A320 narrow-body jets would be finalized soon and that his country also had ambitions to sell A350 and A380 planes to China in coming weeks or months.
U.S. oil prices hit highest since 2014, but analysts warn of overheated market
SINGAPORE (Reuters) – U.S. oil prices hit their highest since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating.
Asian shares step back from 2007 peak, oil at three-year high
TOKYO (Reuters) – Asian shares flinched from testing their 2007 record peak on Wednesday, as investors booked profits in high-tech shares while oil prices hit three-year highs due to production cuts and a fall in inventories.
Hyundai Motor considering plant in Southeast Asia after China setback
SEOUL (Reuters) – South Korea’s Hyundai Motor said it is considering building a car plant in Southeast Asia with Indonesia and Vietnam possible locations – part of efforts to diversify after a sales slump in China.
Asian shares step back from 2007 peak, oil at 3-year high
TOKYO (Reuters) – Asian shares flinched from testing their 2007 record peak on Wednesday, as investors booked profits in high-tech shares while oil prices hit three-year highs due to production cuts and a fall in inventories.
Bayer, J&J win reversal of $28 million verdict in Xarelto lawsuit
(Reuters) – A Pennsylvania state court judge on Tuesday overturned a $27.8 million jury award to an Indiana couple who accused Bayer AG and Johnson & Johnson of failing to warn of internal bleeding risks of their drug Xarelto, the companies said.
Activist Peltz to CEOs: We’ll work with you
NEW YORK (Reuters) – Billionaire investor Nelson Peltz has a message for America’s corporate chiefs; when he calls they do not automatically have to fear for their jobs.
Oil prices hit highest since 2014, but analysts warn of overheated market
SINGAPORE (Reuters) – Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating.
Asian shares just shy of 2007 peak on earnings optimism
TOKYO (Reuters) – Asian shares hovered just below their 2007 record peak on Wednesday, supported by expectations of solid corporate earnings on the back of synchronized growth in the global economy.
