Exclusive: Investors seek delay to HK-Shanghai stock tie-up
HONG KONG (Reuters) – Some of the world’s biggest banks and asset managers have asked the Hong Kong securities regulator to delay a landmark China stock trading link that could generate billions of dollars of trade a day due to uncertainty over the sch…
Boeing and Chinese partner to make jet fuel from ‘gutter oil’
BEIJING (Reuters) – Aircraft makers Boeing and Commercial Aircraft Corp of China have launched a joint pilot project to turn used cooking oil into jet fuel.
Air freight outlook improves, annual growth of 4.1 percent seen: IATA
BERLIN (Reuters) – The outlook for air freight demand is improving after several years in the doldrums, the International Air Transport Association said on Wednesday.
Hyundai’s revamped Sonata yet to rev up key U.S. market
SEOUL (Reuters) – The revamped Sonata sedan was supposed to help Hyundai Motor Co reverse sluggish sales, but the car described by some critics as a bland substitute for its popular predecessor is off to a slow start in the key U.S. market.
Total board to consider split of CEO/Chairman roles: Les Echos
PARIS (Reuters) – The board of French oil group Total will meet on Wednesday to consider splitting the chairman and chief executive roles previously held by Christophe de Margerie, who died in a plane crash in Moscow on Monday, Les Echos newspaper repo…
Boeing and Chinese partner to make jet fuel from ‘gutter oil’
BEIJING (Reuters) – Aircraft makers Boeing and Commercial Aircraft Corp of China have launched a joint pilot project to turn used cooking oil into jet fuel.
Wet European summer leaves Heineken beer sales short
BRUSSELS (Reuters) – Heineken , the world’s third largest brewer, reported lower than expected beer sales in the third quarter as Europeans drank less during a wet summer, but retained its full-year outlook.
Lufthansa to sell IT business, takes 240 million euro charge
FRANKFURT (Reuters) – German airline Lufthansa said on Wednesday it was close to selling its IT infrastructure division and completing an outsourcing deal with IBM , which will result in a 240 million euro ($305.57 million) pre-tax charge in 2014.
Yahoo ekes out third quarter revenue gain despite display ad weakness
SAN FRANCISCO (Reuters) – Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle.
Airbus Helicopters expects China to become biggest market by 2020
BEIJING (Reuters) – Airbus Helicopters, the world’s largest civil helicopter maker, expects China and Hong Kong to become its biggest global market within six years as Beijing starts to lift restrictions on the use of low altitude airspace from 2015.
