Airbus conducts rejected take-off test on new A350
PARIS (Reuters) – Airbus has carried out a high-speed rejected take-off test for its new A350 airliner, the planemaker said on Tuesday.
Apple asks suppliers to produce up to 80 million large-screen iPhones: WSJ
(Reuters) – Apple Inc has asked suppliers to manufacture between 70 million and 80 million of its two forthcoming large-screen iPhones by the end of the year, its largest initial production run of iPhones, the Wall Street Journal reported, citing peopl…
Asian shares push higher, shrug off global tension
TOKYO (Reuters) – Asian stocks touched a three-year peak on Tuesday, despite lingering concerns about crises in Ukraine and Gaza, while the yen eased against the dollar and the euro.
More than half of consumers globally upbeat on job prospects: Nielsen
LONDON (Reuters) – More than half of consumers globally expect job prospects to be good to excellent in the year ahead, a survey showed on Tuesday.
A Fox-Time Warner deal would give Murdoch new heft in China
(Reuters) – Rupert Murdoch’s plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack.
Yum, McDonald’s apologize as new China food scandal hits
SHANGHAI/LOS ANGELES (Reuters) – Yum Brands Inc and McDonald’s Corp are facing a new food safety scare in China, denting the fast-food companies’ efforts to shore up reputations and businesses that were hurt by a 2012 safety scandal in one of their big…
Netflix profit doubles on U.S., foreign subscriber growth
LOS ANGELES (Reuters) – Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.
Netflix profit doubles on U.S., foreign subscriber growth
LOS ANGELES (Reuters) – Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.
Wall St. finishes slightly lower; Chipotle rises late
NEW YORK (Reuters) – U.S. stocks slipped on Monday as investors remained cautious about instability in Ukraine and Gaza, though the three major indexes ended well off their lows, a sign that some appetite for riskier assets remained.
Senate panel to debate wave of corporate tax-avoidance deals
WASHINGTON (Reuters) – As more U.S. corporations do deals to cut taxes by shifting their tax domiciles overseas, the Senate Finance Committee will hold a hearing on Tuesday focused on these transactions known as inversions.