Hainan Airlines to buy 30 Boeing 787-9 jets, worth $7.7 billion by list price
(Reuters) – Hainan Airlines Co Ltd , China’s fourth-largest carrier, said on Wednesday it plans to order 30 Boeing Co B787-9 jets as it seeks to expand international routes to tap into growing demand for overseas travel from China.
Japan should be flexible in Australian submarine tender: retired Japanese admiral
ADELAIDE, Australia (Reuters) – At least some of Australia’s new submarine fleet should be built in the country, an influential retired Japanese admiral said on Thursday, signaling a possible softening in Japan’s position on the controversial A$50 bill…
Foreign buying of U.S. bonds more talk than reality
NEW YORK (Reuters) – The advantage of higher yields in the United States has not prompted foreign buying as investors had expected, and central banks have instead dumped Treasuries in recent months.
Modular mojo: Toyota re-engineers its appeal
TOYOTA CITY, Japan (Reuters) – Toyota Motor is looking to cast off a reputation for making reliable, but often dull, cars in a wide-ranging review of its designs, technologies, factories and supply deals – a full makeover aimed at staying on top in a c…
Toyota aims to halve cost of retooling in sweeping efficiency drive
TOYOTA CITY, Japan (Reuters) – Toyota Motor Corp said on Thursday it would aim to halve the investment required to retool factories for new models compared with what it was spending before the 2008 financial crisis, as part of a sweeping overhaul of th…
Employer incentives for U.S. worker wellness programs set record
NEW YORK (Reuters) – Employers have ratcheted up the financial incentives they offer workers to participate in wellness programs to a record $693 per employee, on average, this year from $594 in 2014 and $430 five years ago, found a report released on …
3G to use its cost-cutting playbook on Kraft after Heinz merger
NEW YORK (Reuters) – When Kraft Foods Group merges with H.J. Heinz Co, they will share a name, a central place in the American kitchen and two headquarters near Chicago and Pittsburgh.
GE expands job cuts at Lufkin oil unit to 575 from 330
(Reuters) – General Electric Co said it increased planned job cuts in its Lufkin oilfield equipment unit to 575, as it grapples with pressure on the unit from the drop in oil prices.
Asia shares slip as soft U.S. data dims mood
SYDNEY (Reuters) – Asian shares slipped on Thursday as losses on Wall Street and soft U.S. economic data soured sentiment, while the dollar’s bull run looked to have stalled for the time being.
Nutritionists warn diners to be wary of Warren Buffett’s ‘junk-food’ portfolio
NEW YORK (Reuters) – Following Warren Buffett’s investment advice may be smart but nutritionists say that eating too many of the “junk-food” products made by companies he has invested in isn’t quite as wise.
