Business News

AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo

Reuters Biz News - 1 hour 25 min ago
AirAsia Group has decided to convert 253 orders for Airbus' A320neo planes to the larger A321neo model, making AirAsia the world's largest customer for the A321neo, but is not yet ready to order the new longer-range version.
Categories: Business News

US to Russia on Nuke Experiments: Do as We Say, Not as We Do

Wired RSS Feed - 1 hour 45 min ago
The US is quietly ramping up its plutonium experiments even as Washington raises concerns about Russian testing.
Categories: Business News

U.S. military landlord filed false maintenance logs, earning bonuses, Reuters finds

Reuters Company News - 1 hour 45 min ago
A unit of UK infrastructure giant Balfour Beatty plc falsified housing maintenance records at a major U.S. military base to help it maximize fees earned from the Department of Defense, a Reuters investigation found.
Categories: Business News

Car toll in its current form is off table, but discussion needs to go on, German minister says

Reuters Company News - 1 hour 47 min ago
Germany will accept and immediately implement the EU top court decision that a planned highway toll for cars breaches European law, Germany's transport minister said on Tuesday, but he added that the political discussion on the issue would continue.
Categories: Business News

Facebook reveals Libra cryptocurrency, with lofty goals

Reuters Biz News - 1 hour 54 min ago
Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.
Categories: Business News

Factbox: Facebook's new cryptocurrency Libra and digital wallet Calibra

Reuters Biz News - 1 hour 54 min ago
Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020.
Categories: Business News

Okea sees foreign oil majors leaving Norway's offshore in a decade

Reuters Company News - 1 hour 54 min ago
* Okea sees opportunities for small oil firms as majors leave
Categories: Business News

Swiss regulator says in contact with initiators of Facebook's Libra

Reuters Biz News - 1 hour 54 min ago
Switzerland's financial regulator FINMA said on Tuesday that it is in contact with the "initiators" of Libra, Facebook's planned cyrptocurrency.
Categories: Business News

Swiss regulator says in contact with initiators of Facebook's Libra

Reuters Company News - 1 hour 57 min ago
Switzerland's financial regulator FINMA said on Tuesday that it is in contact with the "initiators" of Libra, Facebook's planned cyrptocurrency.
Categories: Business News

Nvidia boosts self-driving AI business with Volvo trucks deal

Reuters Biz News - 2 hours 27 sec ago
Sweden's AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year.
Categories: Business News

UPDATE 2-Nvidia boosts self-driving AI business with Volvo trucks deal

Reuters Company News - 2 hours 5 min ago
Sweden's AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year.
Categories: Business News

ADM to cut nearly 130 jobs in France at animal feed unit Neovia

Reuters Company News - 2 hours 10 min ago
Archer Daniels Midland Company plans to cut 127 staff at its recently acquired Neovia animal feed business in France to eradicate job duplication, a spokesman for the company said on Tuesday.
Categories: Business News

UPDATE 2-Swedbank suspends Estonian heads in money laundering inquiry

Reuters Company News - 2 hours 10 min ago
Swedbank has suspended with immediate effect the two most senior executives of its Estonian business, which is being investigated over alleged money laundering.
Categories: Business News

Deals of the day-Mergers and acquisitions

Reuters Company News - 2 hours 11 min ago
The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday:
Categories: Business News

AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo type

Reuters Biz News - 2 hours 17 min ago
AirAsia Group has decided to convert 253 orders for Airbus' A320neo planes to the larger A321neo model, Airbus said on Tuesday.
Categories: Business News

UK's CMA says Illumina-Pacific Biosciences deal could hurt competition

Reuters Company News - 2 hours 17 min ago
Britain's competition watchdog said on Tuesday the planned $1.2 billion merger between gene sequencing company Illumina Inc and smaller rival Pacific Biosciences of California Inc may result in lessening of competition in the UK.
Categories: Business News

Saudi Arabian Airlines to boost its Airbus A320neo fleet

Reuters Company News - 2 hours 29 min ago
Saudi Arabian Airlines has decided to expand its order of the existing Airbus A320neo family of planes from 35 to as many as 100, including 35 options, the companies said.
Categories: Business News

Study: Flesh-eating bacteria on the rise in Delaware Bay, possible effect of climate change - WPVI-TV

Google Technology - 2 hours 29 min ago
Study: Flesh-eating bacteria on the rise in Delaware Bay, possible effect of climate change  WPVI-TV

Climate change may lead to unlikely illnesses in unexpected places, new research suggests: In the past two years, five cases of Vibrio vulnificus, a flesh-eating ...

View full coverage on Google News
Categories: Business News

UPDATE 2-Nordea's Danish HQ searched in money-laundering inquiry

Reuters Company News - 2 hours 30 min ago
Denmark's state prosecutor searched the local headquarters of Nordea last week in relation to new developments in a money-laundering investigation into the region's biggest bank.
Categories: Business News

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