Reuters Business News:
American Airlines pilots expect to test 737 MAX software fix in Boeing simulator
3/21/2019 11:54 PM
American Airlines pilots expect to test Boeing Co"s 737 MAX software fix on simulators this weekend, the pilots" union told Reuters on Thursday, a key step in restoring their confidence in the jet after two fatal crashes. ...Read More
Indonesia"s Garuda asks to cancel $6 billion 737 MAX order, considers other Boeing jets: CFO
3/21/2019 11:54 PM
National carrier Garuda Indonesia has sent a letter to Boeing Co asking to cancel an order for 49 737 MAX 8 narrowbody jets, Garuda Chief Financial Officer Fuad Rizal said on Friday. ...Read More
Chinese smartphone firms jazz up products, seize turf in home market from Apple
3/21/2019 11:47 PM
Smartphone retailers in China say it"s a tough sell of late with consumers reluctant to upgrade, put off by chill economic winds. ...Read More
Asian shares hit 6-1/2-month high on tech hopes, U.S. data
3/21/2019 10:20 PM
Asian shares hit 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve"s cautious outlook on the world"s biggest economy. Read More
U.S. fund Elliott suffers crushing defeat in Hyundai proxy vote
3/21/2019 9:56 PM
Investors in Hyundai Motor Group companies rejected on Friday Elliott Management"s demands for a massive special dividend and board seats, dealing a blow to the U.S. hedge fund"s campaign to shake up South Korea"s second-biggest family-run conglomerate. Read More
Hyundai Motor shareholders vote against Elliott dividend proposal
3/21/2019 9:54 PM
Hyundai Motor shareholders voted on Friday against Elliott Management"s proposals for dividend payouts. ...Read More
Hyundai Mobis shareholders vote against Elliott dividend proposal
3/21/2019 9:54 PM
Hyundai Mobis shareholders voted on Friday against Elliott Management"s proposal for dividend payouts. ...Read More
Mexico could pay Pemex debt from $15 billion stabilization fund
3/21/2019 9:14 PM
Mexico"s deputy finance minister said on Thursday the government was considering using part of a $15.4 billion public income stabilization fund to pay some debt obligations for heavily leveraged state oil company Pemex. ...Read More
Tesla"s Musk tells employees vehicle deliveries "primary priority" near end of first quarter
3/21/2019 8:50 PM
Tesla Inc"s vehicle deliveries scheduled across Europe, China and North America should be a "primary priority" for all employees during the last 10 days of the first quarter, Chief Executive Officer Elon Musk said in an email to employees on Thursday. Read More
Shares of Japan"s Eisai swamped with sell orders after ending Alzheimer trials
3/21/2019 8:05 PM
Eisai Co Ltd"s shares were untraded on Friday, hit with a glut of sell orders after the Japanese drugmaker and its partner Biogen Inc said they are ending two drug trials of their experimental Alzheimer"s disease drug aducanumab. Read More

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