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Business 07 Dec 2010 | 12:00 AM

French court: Continental guilty in Concorde crash

PONTOISE, France: A French court convicted Continental Airlines and one of its mechanics in Texas of manslaughter for setting off a chain of events that sent a supersonic Concorde crashing into a hotel outside Paris a decade ago, killing 113 people and marking the beginning of the sleek jet's demise.

Business 18 Jun 2003 | 12:00 AM

Honda cars to offer pre-crash radar braking

Honda Motor Co. has developed a new computerized radar system that warns drivers of an impending crash with slight braking and a tweaking of the seat belt.

Business 05 Feb 2018 | 12:00 AM

Is a financial market crash in the works?

FINANCIAL market volatility is expected to increase significantly as US financing requirements exert further upward pressure on bond yields.

Business 29 Apr 2010 | 12:00 AM

Will China crash economically?

CHINA bashing by now must surely be the most popular sport among Western investors, mass media and institutions. China crashing now, China crashing a few years later, China crashing anytime and crashing forever is the mantra.

Business 18 Jul 2014 | 8:18 AM

Wall St. slides on Malaysian airliner crash news

NEW YORK: U.S. stocks sank on Thursday, with the S&P 500 posting its biggest one-day percentage drop since April 10 on news that a Malaysian Airlines passenger jet crashed near the Ukraine-Russia border.

Markets 03 Jan 2019 | 3:13 AM

China gains cushion Asian shares after Apple jolt; flash crash hits currencies

SHANGHAI: U.S. stock futures fell on Thursday after a rare revenue warning from Apple Inc added to worries about slowing global growth, but a move by China's central bank to help struggling smaller firms lifted shares there, cushioning losses for Asian markets.

Corporate News 07 Oct 2016 | 3:24 AM

Pound flash crash has traders blaming algos for selling frenzy

SINGAPORE: The pound plunged as much as 6.1 percent against the dollar, the biggest decline since the day the U.K.’s Brexit referendum result was announced, in a move that traders said was exacerbated by computer-initiated sell orders.

Business 22 Apr 2004 | 12:00 AM

GM buys IBM supercomputer for design, crash test work

General Motors Corp. has purchased an IBM supercomputer the companies say is the fastest in the automotive industry and will more than halve the time it takes to get a vehicle on the market.

Banking 11 Aug 2014 | 12:00 AM

Another risk of market crash? Warning bells ringing

THE warning bells on the current emerging markets funds frenzy are out again – this time from Reserve Bank of India (RBI) governor Raghuram Rajan.

Business 11 Mar 2014 | 8:43 AM

Boeing joining Malaysia Airlines crash investigation

NEW YORK: Boeing said Monday it has joined an official US team investigating the still-mysterious disappearance of a Malaysia Airlines 777 aircraft, feared to have plunged into the Gulf of Thailand.