Pratt & Whitney to oppose India’s Go First’s push to enforce arbitration
NEW DELHI (Reuters) – Pratt & Whitney plans to oppose Go Airlines (India) Ltd’s push to enforce an arbitration ruling…
Business
Indonesia tax cut drives electric car sales for Hyundai, Wuling
By Bernadette Christina and Stefanno Sulaiman JAKARTA (Reuters) – Sales of electric cars in Indonesia jumped last month after the…
China’s BYD cuts starting price for Seal EV; aims to extend lead
SHANGHAI (Reuters) -BYD Co Ltd on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the…
Mitsubishi Heavy expects record defence orders as Japan pours money into military
TOKYO (Reuters) -Mitsubishi Heavy Industries on Wednesday said it expects to book record defence equipment orders this business year as…
ISS backs all four ValueAct director candidates in Seven & I boardroom fight
By Svea Herbst-Bayliss NEW YORK (Reuters) -Proxy advisory firm Institutional Shareholder Services (ISS) on Tuesday backed ValueAct Capital’s boardroom challenge…
Italy industry output falls unexpectedly in March
ROME, May 10 (Reuters) – Italian industrial output was weaker than expected in March, falling 0.6% from February to register…
Train maker Alstom sees higher annual margin but delays mid-term targets
By Lina Golovnya and Diana Mandia (Reuters) -French train maker Alstom on Wednesday forecast a rise in its annual operating…
Zealand, Boehringer’s drug meets main weight-loss goal in mid-stage trial
By Ludwig Burger FRANKFURT (Reuters) – Zealand Pharma and partner Boehringer Ingelheim said their experimental obesity drug achieved up to…
UBS’s future AT1 bond sales could come at a big cost
By Chiara Elisei LONDON Reuters) – UBS could have to lure investors with significantly higher yields when it next sells…
Chinese company earnings reveal lopsided economic recovery
By Summer Zhen HONG KONG (Reuters) – People in China splashed out on dining, travel and luxury goods after emerging…