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11 hours 26 minutes ago

Huawei CFO Meng arrives in Vancouver court for third day of U.S. extradition hearing

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expected to defend a U.S. extradition request in a third day of hearings on a case that has strained relations with China.

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11 hours 31 minutes ago

Coronavirus set to impact Chinese airlines' first quarter profit: Aercap CEO

The chief executive of one of the world's largest aircraft lessors, Aercap , expects the new coronavirus that has emerged from Wuhan, China to impact Chinese airlines' profitability in the first quarter.

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11 hours 37 minutes ago

Google finds security flaws in Apple's web browser: FT

Google researchers have found multiple security flaws in Apple Inc's Safari web browser that allowed the tracking of users' browsing behavior, the Financial Times reported on Wednesday, citing a soon-to-be published paper.

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11 hours 38 minutes ago

Hainan Airlines to halt Prague flights from March: Czech authorities

China's Hainan Airlines will halt regular direct flights between Beijing and Prague starting in March, the Prague Airport and the Czech Foreign Ministry said on Wednesday.

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12 hours 5 minutes ago

No alternative to grounded Boeing 737 MAX, Aercap CEO says

There is no alternative to the grounded 737 MAX and it would be "absolutely stupid" for Boeing to launch a replacement before the next wave of technology a decade from now, the head of one of the world's top aircraft lessors said on Wednesday.

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12 hours 13 minutes ago

U.S. home sales surge to near two-year high; supply at record low

U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an obstacle to continued strong gains.

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12 hours 26 minutes ago

Michigan, Tesla settle suit over direct vehicle sales

Tesla Inc and the state of Michigan confirmed Wednesday they have resolved the company's 2016 lawsuit challenging the state's refusal to allow the company to sell vehicles directly to consumers.

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12 hours 33 minutes ago

S&P 500, Nasdaq hit record highs on IBM, chip power

The S&P 500 and Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over corporate earnings, while investors assessed risks from a virus outbreak in China.

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12 hours 35 minutes ago

United says does not expect to fly the 737 MAX this summer

United Airlines Holdings Inc does not expect to fly the Boeing 737 MAX this summer, President Scott Kirby said on Wednesday, following news from Boeing Co that it does not expect to win approval for the MAX to fly again until mid-year.

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12 hours 39 minutes ago

Tesla's furious rally pushes market value past $100 billion

Tesla Inc shares surged on Wednesday, and the company became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford Motor Co and General Motors Co combined.

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