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Airbus considering production of hybrid airplane by 2035

Airbus is considering producing a hybrid plane by 2035 as it strives for a low emission aircraft, its chief executive said.



4 years ago

Intel says Qualcomm tactics forced it out of modem chip market

Intel Corp sold its smartphone modem chip business to Apple Inc at "a multi-billion dollar loss," the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market.



4 years ago

Mega Millions jackpot climbs to $243 million after two months with no winner

While the odds are stacked against players matching all six numbers, the IRS always gets its piece of the jackpot.

4 years ago

Timeline: Twists and turns in Mediaset vs Vivendi TV drama

Italian broadcaster Mediaset and shareholder Vivendi were negotiating on Friday to find a way to end a three-year legal battle after all-night talks failed to produce a breakthrough, sources said.



4 years ago

Take Five: NATO -- dead or alive?

Beneath the birthday bonhomie, tensions will be simmering as the transatlantic military alliance turns 70 and leaders of the 29 member states celebrate near London on Dec. 3-4.



4 years ago

Chinese envoy to Canada visits detained Huawei CFO, urges Ottawa to correct 'mistake'

China's new ambassador to Canada visited a senior Huawei Technologies Co Ltd official who is fighting extradition to the United States and urged Ottawa to release her, the embassy said on Friday.



4 years ago

Exclusive: U.S. weighs new regulations to further restrict Huawei suppliers - sources

The U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China's Huawei, amid frustration the company's blacklisting has failed to cut off supplies to the world's largest telecoms equipment maker, two sources said.



4 years ago

Oil slumps but still set for monthly hike ahead of OPEC+ meeting

Oil prices fell nearly 4% on Friday in muted activity because of the U.S. Thanksgiving holiday, but were still set for monthly gains as OPEC watchers expect an extension next week to a pact to throttle oil output beyond March.



4 years ago

Global stocks dip as trade worries halt record rally, dollar falls

Oil prices slumped and a gauge of global equity markets on Friday edged away from an all-time high it was near breaching earlier in the week as doubts simmered over the outlook for signing an initial deal to ease U.S.-China trade tensions.



4 years ago

Judge to rule on Vivendi request to halt Mediaset European TV plan

An Italian judge will decide on Vivendi's request to block Mediaset's pan-European television project after the two groups failed to settle their long-running dispute, a legal source said on Friday.



4 years ago

OPEC November oil output slips before Aramco IPO, policy meeting

OPEC oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found.



4 years ago

Fintrac releases key updates to AML obligations, including virtual currency exchange MSB registration

CFCS | Brian Monroe | Nov 22, 2019 Fintrac releases key updates to AML obligations, including virtual currency exchange MSB registration, details tactics to verify individual, corporate identities   Canada’s Financial Transactions and Reports Analysis Centre (Fintrac), the country’s financial intelligence unit (FIU), has released a bevy of critical updates tied to anti-money laundering (AML) obligations,

4 years ago

Warren Buffett is sitting on $128 billion, raising questions about whether the market is overvalued

Buffett's decision to walk away from a deal despite Berkshire's massive cash hoard may show there aren't that many reasonably priced opportunities.

4 years ago

As Juncker bids farewell, new EU executive begins with scrutiny over Luxembourg tax

Officials from the new European Commission will discuss an International Monetary Fund study that lists Luxembourg as a world-leading tax haven just days after the former leader of the Grand Duchy departs the EU executive's helm.



4 years ago

PG&E says its distribution lines caused no deadly fires in 2019

California utility PG&E Corp has determined there were no lives or structures lost in 2019 wildfires that may have been caused by its distribution lines, according to a Friday court filing.



4 years ago