Boeing looks to car industry expert for jet production savings
(Reuters) – Boeing plans to use newer and more standardised manufacturing techniques for its new 777X jetliner, paving the way for “significant” savings as it gradually feeds the changes back into existing assembly lines, a senior executive said.
T-Mobile first-quarter revenue rises, beats estimates
(Reuters) – T-Mobile US Inc said on Tuesday its revenue grew 13.1 percent in the first quarter as the wireless company rapidly grew its subscriber base.
Refining helps BP and Total weather oil price storm
LONDON/PARIS (Reuters) – BP and Total reported higher than expected profits on Tuesday thanks to steep increases in profits from refining, showing the resilience of global oil firms in the face of slumping oil prices.
U.S. Stocks cool ahead of Fed, pound skids on disappointing GDP
LONDON (Reuters) – World shares shuffled away from all-time highs on Tuesday as surging Chinese stocks took a breather and investors began to retreat to the sidelines ahead of the Federal Reserve’s policy meeting.
China iPhone sales boosts Apple; shares up modestly
(Reuters) – Apple Inc beat Wall Street’s revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch.
Japan’s Amari plays down expectations on U.S. trade deal progress
TOKYO (Reuters) – Japanese Economy Minister Akira Amari played down the prospect of substantial progress in trade talks being announced after a summit meeting between Japan and the United States on Tuesday.
Petrobras writedown may give new ammunition to class-action suit
WILMINGTON, Delaware (Reuters) – Brazilian oil company Petrobras’ $17 billion write-down, announced last week, may have been meant to close the accounting on a sprawling corruption scandal, but could instead provide fresh ammunition for a U.S. class ac…
Tokyo Electron shares sink after takeover by Applied Materials scrapped
TOKYO (Reuters) – Tokyo Electron Ltd shares plunged 15 percent on Tuesday to a six-month low after U.S. regulatory opposition forced the scrapping of its planned takeover by U.S.-based Applied Materials Inc .
Exclusive: Time Warner Cable open to merger talks with Charter – sources
(Reuters) – Time Warner Cable Inc is open to merger discussions with Charter Communications Inc following a failed $45 billion bid by Comcast Corp , according to people familiar with the matter.
DuPont open to last-minute settlement talks with activist: sources
NEW YORK (Reuters) – DuPont’s board is open to a negotiated settlement with activist Trian Fund Management in the run-up to the company’s annual shareholder meeting in May, sources close to the matter said on Monday.
