Japan’s Takata offers condolences to victims of faulty air bags
TOKYO (Reuters) – Japanese auto parts maker Takata Corp expressed condolences on Tuesday to victims of its faulty air bags linked to at least 16 deaths and 180 injuries around the world, but stopped short of offering a full apology.
In disaster’s wake, BP doubles down on deepwater despite surging shale
THUNDER HORSE OIL PLATFORM, Gulf of Mexico (Reuters) – About 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year.
Charter, Comcast explore wireless partnership with Sprint: sources
(Reuters) – U.S. wireless carrier Sprint Corp is in talks with Charter Communications Inc and Comcast Corp about a partnership to boost the two U.S. cable companies’ wireless offerings, according to sources familiar with the matter.
Oil up almost 2 percent on weaker dollar, short-covering
NEW YORK (Reuters) – Oil prices rose nearly 2 percent and hit a one-week high on Tuesday, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.
Stocks, dollar ease as central bank officials take center stage
LONDON (Reuters) – The dollar weakened on Tuesday as investors awaited Federal Reserve signals on whether the U.S. central bank will stick to its guns and raise rates this year, while firmer commodity-related shares helped limit losses across major sto…
Banks’ blockchain consortium picks IBM for trade finance platform
PARIS (Reuters) – Tech giant IBM is building a blockchain-based platform for seven big European banks, including HSBC and Deutsche Bank, that is aimed at simplifying trade finance transactions for small- and medium-sized companies.
Carl Icahn to fund former Sargon co-manager Schechter’s new venture
(Reuters) – Billionaire Carl Icahn’s investment firm, Icahn Enterprises LP , said on Monday it had entered an agreement with the former co-manager of its Sargon Portfolio, David Schechter, to fund his new private investment management business.
Apple CEO touts India impact in push for deeper market access
(Reuters) – Apple CEO Tim Cook on Sunday highlighted the economic impact the company is having on India in a meeting with its prime minister as the iPhone maker seeks deeper access to the world’s third-largest smartphone market behind the United States…
GM lowers outlook for U.S. 2017 new vehicle sales
DETROIT (Reuters) – General Motors Co now expects U.S. new vehicle sales in 2017 will be in the “low 17 million” unit range, reflecting a widespread expectation that the industry is headed for a moderate downturn, a top executive said on Monday.
Exclusive: Aston Martin electric car goes limited edition after LeEco exit
PARIS/DETROIT (Reuters) – British sports car maker Aston Martin has scaled back production plans for its first electric model after cash-strapped investment partner LeEco pulled out of the project, Chief Executive Andy Palmer told Reuters on Monday.
