| | |
| Japan's government: Permission to resume Boeing's 787 may come Thursday Monday, Apr 22, 2013 09:22 PM PDT TOKYO (Reuters) - Japan's Civil Aviation Authority said final permission to resume Boeing Co's grounded Dreamliner flights may come as early as Thursday. Boeing engineers on Monday began installing reinforced lithium-ion battery systems on the Boeing 787 jets in Japan, starting with launch customer All Nippon Airways. That should make the first 787 ready to restart flights in about a week. (Reporting by Tim Kelly; Editing by Ken Wills) Full Story | Top |
| Dreamliner set to fly in a week as Boeing fixes battery Monday, Apr 22, 2013 09:22 PM PDT  By Tim Kelly and Rhys Jones TOKYO/LONDON (Reuters) - Boeing began installing reinforced lithium-ion battery systems on five 787 jets in Japan on Monday, starting a process that should make the first commercial Dreamliners ready to fly again in about a week. Boeing's Dreamliners have been grounded since regulators ordered all 50 planes out of the skies in mid-January after batteries on two of them overheated. U.S. regulators approved a new battery design on Friday, clearing the way for installation. ... Full Story | Top |
| CA-BUSINESS Summary Monday, Apr 22, 2013 09:18 PM PDT Asia shares, commodities rattled by weaker China flash HSBC PMI TOKYO (Reuters) - Asian shares and other riskier assets lost ground on Tuesday after a preliminary reading showed manufacturing growth in China slowed in April, highlighting recent market concerns about global growth prospects. The flash HSBC Purchasing Managers' Index for April fell to 50.5 in April from 51.6 in March, but was still stronger than February's reading of 50.4. ... Full Story | Top |
| China HSBC Flash PMI falls, points to tepid second-quarter recovery Monday, Apr 22, 2013 09:18 PM PDT  By Kevin Yao BEIJING (Reuters) - Growth in China's vast factory sector dipped in April as new export orders shrank, a preliminary survey of factory managers showed on Tuesday, suggesting the world's second-largest economy still faces formidable global headwinds into the second quarter. The flash HSBC Purchasing Managers' Index for April fell to 50.5 in April from 51.6 in March but was still stronger than February's reading of 50.4. A sub-index measuring new export orders fell to 48.6 in April from 50.5 in March, reflecting weaker global demand as the U.S. ... Full Story | Top |
| Asia shares, commodities rattled by weaker China flash HSBC PMI Monday, Apr 22, 2013 08:03 PM PDT  By Chikako Mogi TOKYO (Reuters) - Asian shares and other riskier assets lost ground on Tuesday after a preliminary reading showed manufacturing growth in China slowed in April, highlighting recent market concerns about global growth prospects. The flash HSBC Purchasing Managers' Index for April fell to 50.5 in April from 51.6 in March, but was still stronger than February's reading of 50.4. ... Full Story | Top |
| US-INDUSTRY Summary Monday, Apr 22, 2013 08:02 PM PDT Netflix has good hand with "House of Cards", shares soar 24 percent (Reuters) - Netflix Inc impressed investors with solid subscriber growth and better-than-expected profits in the first quarter, sending shares of the video subscription service soaring 24 percent higher in after-hours trade. A big push into original shows, a strategy aimed at hooking new customers with content they can't get anywhere else, seems to be working, with its February release of the series "House of Cards", a drama starring Kevin Spacey, generating plenty of buzz. ... Full Story | Top |
| Netflix has good hand with "House of Cards", shares soar 24 percent Monday, Apr 22, 2013 08:01 PM PDT  By Lisa Richwine (Reuters) - Netflix Inc impressed investors with solid subscriber growth and better-than-expected profits in the first quarter, sending shares of the video subscription service soaring 24 percent higher in after-hours trade. A big push into original shows, a strategy aimed at hooking new customers with content they can't get anywhere else, seems to be working, with its February release of the series "House of Cards", a drama starring Kevin Spacey, generating plenty of buzz. ... Full Story | Top |
| S&P says more than one-third chance of Japan downgrade, cites risks to Abenomics Monday, Apr 22, 2013 08:00 PM PDT  TOKYO (Reuters) - Rating agency Standard & Poor's said on Tuesday it saw more than a one-third chance that it would downgrade Japan's sovereign ratings because of uncertainty about whether the government's push to revive growth and end deflation will succeed. "The continuing prospect of a downgrade arises from risks associated with recent government initiatives and uncertainty of their success," S&P said in a report. ... Full Story | Top |
| U.S. environment regulator slams Keystone pipeline review Monday, Apr 22, 2013 07:37 PM PDT  By Timothy Gardner WASHINGTON (Reuters) - The U.S. environment regulator on Monday said the State Department must take a harder look at climate and other impacts of the Canada-to-Texas Keystone XL oil sands pipeline before the Obama administration issues a final decision on the project. The Environmental Protection Agency rated the State Department's 2,000-page March 1 draft review of the TransCanada Corp pipeline project as "insufficient," in a letter to department officials as a public comment period ended on Monday. ... Full Story | Top |
| Canada's largest train operator says crude-by-rail on track to expand Monday, Apr 22, 2013 06:39 PM PDT By Solarina Ho TORONTO (Reuters) - Oil companies are increasingly investing in transporting crude by railway, Canadian National Railway said on Monday, with growing demand expected to bolster earnings in coming years. Canada's biggest railway operator, which saw its crude-by-rail revenue jump 300 percent in the first quarter, said that what had begun as smaller players building smaller terminals has turned into something bigger. ... Full Story | Top |
| Analysis: Caterpillar cries "uncle" on mining; investors cry "buy" Monday, Apr 22, 2013 06:32 PM PDT  By James B. Kelleher CHICAGO (Reuters) - An odd thing happened on Monday when Caterpillar Inc , the world's largest maker of earth-moving equipment, posted disappointing profits and cut its full-year forecast, blaming weakness in the mining industry it bet on so heavily in recent years. Its shares rallied. When other big U.S. companies, including General Electric , International Business Machines Corp and Textron Inc , have warned of slowing profit growth in recent days, the news has unnerved investors and sent their stock prices lower. ... Full Story | Top |
| Wal-Mart pays some board members more on bribery probe work Monday, Apr 22, 2013 06:24 PM PDT  By Jessica Wohl (Reuters) - Wal-Mart Stores Inc said on Monday that members of its board's audit committee were paid more for the latest year because of extra work they had to take on to handle an ongoing investigation into alleged foreign bribery. The world's largest retailer also said in its annual proxy statement that the cash incentives for its top executives in 2014 would be partly based on meeting certain compliance objectives. ... Full Story | Top |
| Reuters deputy social media editor Matthew Keys says he was dismissed Monday, Apr 22, 2013 05:11 PM PDT  By Peter Henderson SAN FRANCISCO (Reuters) - Thomson Reuters has dismissed Matthew Keys, the deputy social media editor of Reuters.com who was indicted on charges of aiding members of the Anonymous hacking collective, Keys said in a Twitter message on Monday. Thomson Reuters spokesman David Girardin said that Keys was no longer with the company, effective Monday, and declined further comment. Keys was indicted in March by a federal grand jury in Sacramento, Calif., on three criminal counts alleging that he helped members of the Anonymous collective hack into computer systems of the Tribune Co. ... Full Story | Top |
| CN Railway profit hurt by winter weather chill Monday, Apr 22, 2013 04:31 PM PDT By Susan Taylor TORONTO (Reuters) - Canadian National Railway Co took a big winter weather hit, the country's largest rail operator said on Monday, as extreme cold and heavy snow in Western Canada slowed operations and nipped into profits. CN said it has since turned the corner, returning to more efficient operations, but will bump up its capital spending plan by C$100 million ($97.39 million), to C$2 billion, to make its network more resilient and productive. ... Full Story | Top |
| Caterpillar cries "uncle" on mining; investors cry "buy" Monday, Apr 22, 2013 03:45 PM PDT By James B. Kelleher CHICAGO (Reuters) - An odd thing happened on Monday when Caterpillar Inc , the world's largest maker of earth-moving equipment, posted disappointing profits and cut its full-year forecast, blaming weakness in the mining industry it bet on so heavily in recent years. Its shares rallied. When other big U.S. companies, including General Electric , International Business Machines Corp and Textron Inc , have warned of slowing profit growth in recent days, the news has unnerved investors and sent their stock prices lower. ... Full Story | Top |
|
No comments:
Post a Comment