Nidec to form joint venture with Brazil’s Embraer to make flying car parts
TOKYO (Reuters) – Nidec said on Sunday that it is teaming up with Brazilian firm Embraer to form a new…
Business
Boeing boosts 20 year outlook for planes due to narrowbody demand
By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled…
Taiwan seeks closer EU ties in return for chip investment – minister
By Philip Blenkinsop (Reuters) – European countries should strengthen relations with Taiwan if they want continued Taiwanese investment in semiconductor…
Elon Musk says Twitter video app for smart TVs is ‘coming’
(Reuters) – A Twitter video app for smart TVs is in the social media company’s plans, owner Elon Musk said…
WestJet to shut down Sunwing Airlines
(Reuters) – WestJet group is planning to wind down low-cost carrier Sunwing Airlines and integrate it into its main business,…
Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
(Reuters) – Inflation in the United States will not decline as quickly as markets are currently pricing, according to a…
Exclusive-Blackstone’s Horizon head Scott Bommer to leave company
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackstone Group’s Scott Bommer, who oversaw its hedge fund unit’s growth strategy Horizon…
‘Prospects for UBS are better than ever’ – CEO Ermotti
ZURICH (Reuters) – UBS’s Chief Executive sought to reassure Switzerland on Saturday over its new banking giant, created by the…
Taiwan says will it keep talking to US on forex policies
TAIPEI (Reuters) – Taiwan’s central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and…
Japan to open up Apple- and Google-dominated phone apps to competition
TOKYO (Reuters) – Japan plans to stoke competition in smartphone app payments, dominated by Apple and Google, by banning major…