Fed's Fischer says government bond buys by ECB would have positive effects: La Repubblica

The European Central Bank should follow the example of the U.S. Federal Reserve and buy government bonds to prop up the tottering euro zone economy, the Fed's vice chair Stanley Fischer was quoted as saying in an Italian newspaper.


Boeing says on track to meet Dreamliner delivery forecast

Boeing Co (BA.N) Chief Operating Officer Dennis Muilenburg said on Wednesday that the world's largest plane maker is on track to deliver the 110 787 Dreamliners it forecast for this year, despite signs that deliveries fell below target last month.

U.S. broadcaster intends to test newsgathering drones in Oregon

A U.S. media company said on Wednesday it wants to be among the first broadcasters to launch news-gathering drones once the Federal Aviation Administration (FAA) issues new policies governing the unmanned remote-control aircraft, with test flights beginning in Oregon.

SoftBank invests $250 million in Southeast Asian taxi-hailing app GrabTaxi

Japanese telecoms firm SoftBank Corp has pumped in $250 million to become the top investor in Southeast Asian mobile taxi-booking application GrabTaxi Holdings Pte Ltd, its biggest investment in a Southeast Asian Internet firm.


Latest News

Italy's Luxottica is joining forces with U.S. chipmaker Intel Corp to develop glasses that combine its top fashion brands with technology that could allow wearers to access information about their health or location.
Google Inc plans to roll out child-friendly versions of its most popular products in a bid to be "fun and safe for children", USA Today reported, quoting Pavni Diwanji, the company's vice president of engineering.
Hackers used tools in a devastating cyber attack on Sony Pictures Entertainment that were based on ones used in similar attacks conducted against South Korea by North Korea, a person familiar with the company's investigation said on Wednesday.
Germany's cabinet on Wednesday agreed plans to cut CO2 emissions by up to 78 million tonnes by 2020, pushing operators to shut some coal-fired plants, to help Europe's biggest economy meet bold targets to fight climate change, government sources said.
A compromise defense policy bill in Congress would bar the purchase of more Russian-made rocket engines to launch U.S. military satellites, clearing the way for competitive bids for 14 future launches, senior congressional aides said on Tuesday.
Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around 2007.
Japan's auto recall enforcement division, whose 16 members work from a cramped office on the eighth floor of the transport ministry building in Tokyo, only found out about safety issues with Takata Corp air bags in late-2008 - more than three years after the company says it first learned of problems.
Canadian buyout firm Onex Corp (OCX.TO) is in talks to buy a UK safety and survival equipment maker from Warburg Pincus LLC [WP.UL] for about 450 million pounds ($704 million), Bloomberg reported, citing three people with knowledge of the discussions.
China's Shanghai Electric Power (600021.SS) said on Wednesday it was in preliminary contact with top German utility E.ON (EONGn.DE) over the possible purchase of its Italian assets.
Lloyds Banking Group (LLOY.L) has sold a 1.6-billion-pound ($2.50 billion) portfolio of Irish mortgages to Goldman Sachs (GS.N) and CarVal, a private equity group, the Financial Times newspaper reported.