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BUSINESS

Car firms give Kobe products all-clear

Business, Bloomberg News, Published on 20/10/2017

» Tokyo: Toyota Motor Corp Thursday cleared aluminium parts supplied by Kobe Steel Ltd of safety concerns, giving the embattled steelmaker a respite as companies around the world rush to check the safety of their products following revelations of data falsification.

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BUSINESS

Sluggish US sales force Nike to rely more on Asia

Business, Bloomberg News, Published on 28/09/2017

» New York: Nike Inc's US business continued to sputter last quarter, putting more pressure on its operations in Asia and Latin America to pick up the slack.

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BUSINESS

Heir to Japanese knitting empire is moving into auto parts

Business, Bloomberg News, Published on 04/10/2017

» Tokyo: Building a machine to construct high-end Prada sweaters was just the start.

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BUSINESS

Australian banks scrap ATM charges

Business, Bloomberg News, Published on 26/09/2017

» Sydney: Australia's four largest banks are scrapping cash withdrawal charges for all domestic users as they try to salvage their reputations amid rising political pressure for tougher laws after a series of scandals.

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BUSINESS

Qatar Air may order more 747 freighters

Business, Bloomberg News, Published on 27/09/2017

» Chicago/Seattle: Qatar Airways is considering whether to order more Boeing 747 jumbo freighters as global air cargo rebounds and the Persian Gulf carrier responds to a blockade of its home country.

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BUSINESS

Pound soars after BoE's hawkish note

Business, Bloomberg News, Published on 16/09/2017

» The pound climbed to the highest level against the dollar since just after the Brexit vote and UK government bonds tumbled as Bank of England policy maker Gertjan Vlieghe stoked speculation of an interest-rate increase within months.

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BUSINESS

Chocolate gets fourth natural colour -- ruby

Business, Bloomberg News, Published on 07/09/2017

» London/Zurich: A breakthrough by a Swiss chocolate maker expands the industry's hues beyond just dark, milk and white.

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BUSINESS

Volkswagen revs up its electric shift

Business, Bloomberg News, Published on 13/09/2017

» Frankfurt: Volkswagen AG is putting its full force behind a shift into electric cars as the world's largest automaker accelerates away from combustion engines and tries to draw a line under the emissions-cheating scandal that's weighed on the company for two years.

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BUSINESS

Northrop bulks up missile business with $7.8bn Orbital deal

Business, Bloomberg News, Published on 20/09/2017

» New York/Chicago: Northrop Grumman Corp's $7.8 billion purchase of Orbital ATK Inc will expand its space and missile businesses just as the United States steps up efforts to defend against a possible strike by North Korea and threats in the Middle East.

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BUSINESS

Easy shopping on the dark web

Business, Bloomberg News, Published on 16/09/2017

» How much is your personal data worth to you? A lot. (Thanks, Equifax.) And how much is it worth to an identity thief?