South Korea's Ssangyong Motor reconsiders China JV due to political row


SEOUL South Korea's Ssangyong Motor Co Ltd on Friday said it is reconsidering establishing a joint venture in China due to diplomatic tension between Seoul and Beijing over the deployment of a U.S. missile defence system.

Singapore Airlines to finalise $13.8 billion Boeing order next week 20 Oct 2017

SINGAPORE Singapore Airlines Ltd said on Friday it will finalise an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week.

Boeing says Bombardier CSeries jets may face hefty duties despite Airbus deal 18 Oct 2017

MONTREAL/TOULOUSE, France Boeing Co said on Tuesday that Bombardier Inc's CSeries jets could still be hit with high U.S. import duties, even if they are assembled in Alabama through an industry-changing deal with Airbus . | Video

Factbox: Airbus-Bombardier CSeries tie-up details in a nutshell 17 Oct 2017

TORONTO Airbus SE has agreed to take a majority stake in Bombardier Inc's CSeries jetliner program, a deal that could allow the Canadian planemaker to sidestep U.S. tariffs threatened in a trade dispute with Boeing.

Volvo abandons plan to sell Governmental Sales unit 17 Oct 2017

STOCKHOLM Trucks and construction equipment maker Volvo said on Tuesday it had decided to end a sales process for its Governmental Sales business due to insufficient offers.

Tata Steel, Thyssenkrupp will not spin off joint venture in next 2-3 years 16 Oct 2017

BRUSSELS Tata Steel and Thyssenkrupp have no plans to spin off their pending European steel joint venture within the next two to three years, Tata's managing director said on Monday.

EXCLUSIVE - China's Orient Hontai in deal to take control of Spain's Imagina 18 Oct 2017

MADRID - China's Orient Hontai has agreed to buy a majority stake in Spanish sports rights group Imagina for $1 billion, the latest deal from deep-pocketed Chinese investors to transform the Asian country into a global soccer powerhouse.

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat 17 Oct 2017

MONTREAL/TOULOUSE, France Airbus has agreed to take a majority stake in Bombardier's troubled CSeries jetliner programme, securing the plane's future and giving the Canadian firm a possible way out of a damaging trade dispute with Boeing. | Video

Exclusive: China offers to buy 5 percent of Saudi Aramco directly - sources 16 Oct 2017

DUBAI/LONDON China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world's biggest oil producer on the stock market.

Exclusive: T-Mobile, Sprint aim to announce merger without asset divestitures - sources 17 Oct 2017

T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter. | Video