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Hyundai Motor logs biggest profit gain in seven years on currency,...

SEOUL (Reuters) – South Korea’s Hyundai Motor Co <005380.KS> on Monday posted its steepest quarterly net profit gain in over seven years, as a...

Philips second-quarter sales growth beats expectations

AMSTERDAM (Reuters) – Dutch health technology company Philips <PHG.AS> on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, to...

UK parliamentary committee questions StanChart’s remuneration policy

(Reuters) – The head of the British parliament’s Work and Pensions Committee has written to the chair of Standard Chartered Plc’s <STAN.L> remuneration committee questioning...

Ryanair Irish pilot union to decide on strike ballot next week

DUBLIN (Reuters) – Members of Ryanair’s Irish pilot union are to decide next week whether to join British colleagues in holding a ballot on...

Carlos Ghosn sues Nissan-Mitsubishi in the Netherlands: paper

AMSTERDAM (Reuters) – Carlos Ghosn has launched a court case in the Netherlands against Japanese carmakers Nissan Motor <7201.T> and Mitsubishi Motors <7211.T>, who...

China Southern Airlines to receive $4 billion capital injection

SHANGHAI (Reuters) – China Southern Airlines <600029.SS> will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36...

Equifax nears deal to pay about $700 million to settle U.S....

(Reuters) – Credit reporting company Equifax Inc <EFX.N> is close to a deal to settle data breach probes by paying around $700 million, the...

Ford to lay off 185 workers at Canadian plant: union

By Moira Warburton TORONTO (Reuters) – Ford Motor Co <F.N> will lay off about 185 employees in September at a Canadian manufacturing plant in Oakville,...

Airbus mimics nature with ‘Bird of Prey’ concept plane

RAF FAIRFORD, England (Reuters) – Airbus <AIR.PA> on Friday unveiled a concept aircraft with splayed wingtips and a fanned tail inspired by the feathers...

U.S. to grant final approval to American Airlines-Qantas joint venture: sources

By David Shepardson WASHINGTON (Reuters) – The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc <AAL.O> and Qantas...
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