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Business News
Airbus profits up but problems persist with A400M, A350
PARIS (AP) -- Airbus Group suffered 1.4 billion euros in losses linked to its troubled A400M military transporter and A350 passenger jet in the first half of the year, though profits rose thanks to asset sales and a satellite launch merger....
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Daimler breaking ground on $500M South Carolina plant
NORTH CHARLESTON, S.C. (AP) -- Mercedes-Benz Vans is breaking ground on a new $500 million assembly plant to build Sprinter vans in South Carolina, an operation that will add about 1,300 jobs to the state's burgeoning automotive workforce....
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Nissan quarterly profit down 11 pct on yen, shrinking sales
TOKYO (AP) -- Japanese automaker Nissan Motor Co. is reporting a 136.4 billion yen ($30.7 million) profit for the fiscal quarter through June, down nearly 11 percent from the same period a year ago....
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Malaysia Airlines inks $5.5B deal for 50 Boeing Max jets
KUALA LUMPUR, Malaysia (AP) -- Malaysia Airlines has inked a deal for 50 Boeing Max planes in a deal worth $2.75 billion as part of its fleet renewal and says it hopes for a listing on the stock exchange by 2019....
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Japan poised to pump up sluggish growth with new stimulus
TOKYO (AP) -- Japanese Prime Minister Shinzo Abe announced plans Wednesday for a fresh barrage of economic stimulus to help revive stalling growth....
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