India lifts ban on Airbus A380s, foreign carriers interested
NEW DELHI (Reuters) – India lifted a landing ban on Airbus A380s on Monday, enabling carriers such as Singapore Airlines and Emirates to fly their superjumbos into the world’s second-most populous nation.
India lifts ban on Airbus A380s, foreign carriers interested
NEW DELHI (Reuters) – India lifted a landing ban on Airbus A380s on Monday, enabling carriers such as Singapore Airlines and Emirates to fly their superjumbos into the world’s second-most populous nation.
Lion Air to cancel order for five Boeing 787s
BATAM, Indonesia (Reuters) – Indonesian budget airline Lion Air said on Monday it planned to cancel an order for five Boeing Co 787 aircraft and replace them with smaller 737 models.
Google to buy artificial intelligence company DeepMind
(Reuters) – Google Inc said on Sunday it had agreed to acquire privately held artificial intelligence company DeepMind Technologies Ltd.
Europe treads softly in challenging big banks’ power
BRUSSELS/LONDON (Reuters) – Europe will consider how to challenge the dominance of its big banks this week, but any new rules to isolate risky trading will take years to begin and there will be no attempt to split off market betting from deposit taking…
Exclusive: Mitsubishi Heavy in talks to become F-35 supplier, seeks Japan subsidy: sources
TOKYO (Reuters) – Mitsubishi Heavy Industries is in advanced talks to supply parts for the F-35 stealth fighter to Britain’s BAE Systems, in what would be the first involvement of a Japanese manufacturer in a global weapons program, according to people…
Foxconn eyes factories in U.S., Indonesia as China’s luster fades
TAIPEI (Reuters) – Taiwan’s Foxconn Technology Group, the major supplier of Apple Inc’s iPhones and iPads, may build high-tech factories in the United States and low-cost plants in Indonesia as the appeal of ‘made in China’ fades into a burden.
U.S. federal prosecutors target banks servicing payday lenders: NYT
(Reuters) – The U.S. justice department is exploring civil and criminal actions against more than 50 big and small banks that conduct business with payday lenders, who are being increasingly scrutinized by regulators, the New York Times reported, citin…
Brompton Bicycle shows British manufacturing how to shift up a gear
LONDON (Reuters) – Loan refusal letters and retailers’ rejections frame the walls of the Brompton Bicycle factory, a reminder of the obstacles the firm has overcome to establish itself as the UK’s top bike-maker, selling 45,000 a year around the world….
ICE CEO Sprecher wants regulators to look at ‘maker-taker’ trading
MIAMI (Reuters) – Stock market regulators should take a hard look at the ‘maker-taker’ form of trading that now dominates share transactions in the United States, Jeffrey Sprecher, CEO of the IntercontinentalExchange and new chief of the New York Stock Exchange, said on Sunday.
