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Boeing omitted safeguards on 737 MAX that were used on military jet: WSJ

Boeing Co engineers working on the 737 MAX passenger plane's flight-control system omitted safeguards included in an earlier version of the system used on a military tanker jet, The Wall Street Journal reported on Sunday, citing people familiar with the matter.



4 years ago

China urges 'calm and rational' resolution to U.S.-Sino trade war

China hopes Beijing and Washington will resolve their trade dispute "with a calm and rational attitude", Vice Commerce Minister Wang Shouwen said on Sunday, ahead of talks in two weeks between the two sides.



4 years ago

A chocolate-making robot is preparing to make world's best sweets from your kitchen counter

CocoTerra, a California start-up, has developed the world's first kitchen countertop chocolate-making appliance, with design partner Ammunition. A companion app helps users tailor-make chocolate, right down to choosing the origin of the bean.

4 years ago

Vape product concerns weigh on Canadian cannabis companies looking for sales boost

A U.S. recommendation that consumers avoid vaping products containing the active ingredient in marijuana ahead of their legalization in Canada next month could be a blow to Canadian cannabis companies' hopes that the higher-margin products will help propel them to profitability.



4 years ago

Exclusive: Nasdaq cracks down on IPOs of small Chinese companies

Nasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers.



4 years ago

Kickstarter To Workers and Project Creators: Drop Dead

Current Affairs | Nathan J. Robinson | Sep 29, 2019 number of workers at Kickstarter are currently trying to organize a union, an effort the company has actively opposed from the start. The CEO made it clear that the company doesn’t want a union and would not voluntarily recognize one. Several weeks ago, during the

4 years ago

Asian shares, yuan off to calm start; focus on China

Asian shares and the Chinese yuan were off to a cautious start on Monday as investors looked to how Chinese financial markets will react to the news the U.S. administration is considering delisting Chinese companies from U.S. stock exchanges.



4 years ago

Oil recovers from two-week low; U.S.-China trade war caps gains

Oil prices edged higher on Monday, rebounding from a two-week low in the previous session, although gains were checked by concerns about the outlook for the global economy.



4 years ago

Snapback to higher bond yields? At least five years, strategists say

A return to significantly higher yields will take longer than previously thought, according to a Reuters poll of fixed-income strategists who slashed their year-ahead major government bond yield forecasts to the lowest since polling began 17 years ago.



4 years ago

Forever 21 files for bankruptcy

Struggling fashion retailer Forever 21 Inc said on Sunday it has filed for Chapter 11 bankruptcy protection to restructure its business.



4 years ago

AB InBev Asia unit set to open up 1.5% in Hong Kong debut

Shares in AB InBev's Asia-Pacific unit Budweiser Brewing Company APAC Ltd were set to open up 1.5% on their market debut in Hong Kong on Monday.



4 years ago

Record U.S. tariff award over Airbus aid could fuel trade tensions

Transatlantic trade ties face renewed disruption this week when global arbiters are expected to grant the United States a record award allowing it to hit European imports with billions of dollars of tariffs in a long-running aircraft subsidy dispute.



4 years ago

GM and UAW union to continue talks on Monday

General Motors Co and the United Auto Workers (UAW) will continue talks on a new labor deal on Monday after they were unable to agree on a contract over the weekend, the union said.



4 years ago

AB InBev Asia unit gains 4% in Hong Kong debut after relaunching IPO

Shares in AB InBev's Asia-Pacific unit , which last week raised about $5 billion after relaunching its initial public offering (IPO), gained as much as 4% on their market debut in Hong Kong on Monday.



4 years ago

GM and UAW union to continue talks on new labor deal

General Motors Co and United Auto Workers (UAW) said they will continue talks on a new labor deal on Monday, as a strike by the union's members enters its third week.



4 years ago