World Business

Boeing discovers ‘minor’ new 737 MAX software glitch

Aerospace company says flaw will not affect the plane's expected return to service.

Judge slashes US$8 bil Risperdal damages against J&J

Pharmaceutical company concealed side effects of excessive female breast tissue growth in boys.

Chinese economic growth hits 3-decade low

However, momentum remains generally stable, same can be expected in 2020.

Lawyers for Huawei CFO call Canada prosecutor’s arguments ‘circular’

Meng Wanzhou's team says using US sanctions as a reason to extradite sets a dangerous precedent.

US, China trade friction still has long way to resolution, says...

Kristalina Georgieva estimates trade conflicts and tariffs have cut 0.8% off global growth.

Global equities gain on trade deal, Chinese data

Apart from a blip caused by US' killing of Iran's top general, markets have been positive.

Amazon’s snooping on Alexa chats spurs EU privacy response

Amazon reportedly had a team of workers around the world listening to Alexa audio requests.

US to review petition seeking formal defect probe into 500,000 Tesla...

The petition cites 110 crashes and 52 injuries about sudden unintended acceleration reports.

Pound reverses gains after bleak British retail sales

Economic data shows further weakness with British consumers failing to increase their spending for 5 months now.

Vodafone India’s shares plunge almost 40%, future in doubt

This comes after its appeal to pay US$4 billion in back fees was rejected.

Facebook sued for alleged anti-competitive conduct

Social media giant is accused of revoking developer access to its platform.

NBC’s Peacock offers free content for ad-watching viewers

The idea is to hedge an expensive foray into streaming by relying on advertising revenue.

Americans spent less on video games last year

Imminent launch of new consoles, cloud streaming services among reasons for decline.

Microsoft eyes ‘carbon negative’ status by 2030

The company claims it has been carbon neutral since 2012.

VW has ‘one shot’ to stay in game, warns CEO

Herbert Diess feels carmaker needs to become more of a tech company.

Google parent Alphabet hits US$1 tril valuation

The US company joins Apple, Microsoft and Amazon in reaching milestone.

Weaker auto sales weigh on US retail at holidays’ end

Consumers have put economy in a solid position for continued growth, says Commerce Department.

World’s priciest cities from Bangkok to Zurich

6 Asian cities make the top 10, with Hong Kong ranked most expensive.

FAA should mandate safety management systems for Boeing

An expert panel calls for improvements in how the regulatory body certifies new planes in the wake of 2 fatal crashes.

Cathay’s traffic slide eases but significant challenges remain

Travel sentiment for Hong Kong remains weak, airline spokesman says.

China says trade deal is good for all, media warns against...

'That China hasn't been defeated completely is already in itself a success,' says Xi Jinping.

Nissan punishes more managers after 10,000-hour Ghosn probe

'Misconducts were committed not only in Japan but also in foreign countries,' says report.

Nestlé to spend up to US$2.1 bil on recycled-plastic plan

Swiss food-beverage giant has pledged to make all of its packaging recyclable or reusable by 2025.

What’s next after the US-China Phase One deal?

'Phase Two' is likely to be just as bumpy and unpredictable.

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