Nissan to make automatic emergency braking standard in one million U.S. cars
(Reuters) – Nissan Motor Co Ltd said on Thursday it will make automatic emergency braking (AEB) standard on an estimated one million vehicles sold in the United States for model year 2018.
Boeing barrels ahead on 787 and 777 cost reductions
SEATTLE (Reuters) – Boeing Co is streamlining its aircraft production systems at its largest factory, trying to cut costs to compete with rival Airbus and chip away at the near-$30 billion deficit created by its 787 Dreamliner.
U.S. business group urges trade fixes ahead of China’s party congress
BEIJING (Reuters) – A U.S. business lobby in China said on Thursday that Washington should use leverage afforded by China’s desire to avoid trade frictions with the United States ahead of its Communist Party Congress this fall in order to fix market ac…
Small is lucrative for Wachtell, corporate America’s legal defense force
NEW YORK (Reuters) – Every Tuesday, partners and associates at Wachtell, Lipton, Rosen & Katz gather for a communal lunch in the dining room of the law firm’s Manhattan offices.
Former South Korean minister jailed over role in Samsung merger: Yonhap
SEOUL (Reuters) – A Seoul court on Thursday sentenced a former South Korean health minister to two and a half years jail for his role in a corruption scandal that led to the impeachment and arrest of former president Park Geun-hye, Yonhap reported.
Honda to focus on self-driving cars, robotics, EVs through 2030
HAGA, Japan (Reuters) – Japanese carmaker Honda Motor Co on Thursday spelled out for the first time its plans to develop autonomous cars which can drive on city streets by 2025, building on its strategy to take on rivals in the auto market of the futu…
ECB closes door on rate cuts but warns of weak inflation
TALLINN (Reuters) – The European Central Bank closed the door on more interest rate cuts on Thursday, judging the euro zone economy to be rebounding, but said inflation looks to remain weak for years so it still needs to pump out the cash.
Shares muted after Comey testimony; pound drops in UK election
(Reuters) – U.S. and European stocks were little changed on Thursday as investors digested testimony from former FBI Director James Comey, while Britain’s pound fell after an exit poll predicted Prime Minister Theresa May has lost in her electoral roll…
Samsung Electronics to invest $300 million for U.S. appliances factory: Korea Economic Daily
SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd plans to invest $300 million to build an appliances factory in the United States, the Korea Economic Daily reported on Thursday citing unnamed sources.
Oil edges off one-month lows, concern persists over supply
LONDON (Reuters) – Oil prices pared losses on Thursday, having hit one-month lows earlier in the day after unexpected surge in U.S. inventories and the return of more Nigerian crude aggravated investor concerns about an already oversupplied market.
