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