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PARIS/MONTREAL Airbus is preparing to cross swords with United Technologies over the price of components and services for the Bombardier CSeries in a bid to make it easier to market the jet it agreed to bail out last year, people close to the matter said.
SEOUL The "peace village" of Panmunjom, with its cluster of distinctive bright blue buildings and chequered history of defections, tension and murder, is an apt choice for the first inter-Korean summit in more than a decade.
NEW YORK U.S. President Donald Trump's tariffs on steel and aluminum from China are leading to higher costs for major U.S. manufacturers and causing concerns at other companies, according to executives who spoke to investors in recent days.
BERLIN German and French officials on Thursday pressed ahead with plans to jointly develop a next-generation fighter jet, a drone and a maritime airborne warfare aircraft, saying the projects showed European unity and strength in an increasingly uncertain world.
WASHINGTON Jet engine manufacturer CFM International Inc said on Thursday airlines have inspected more than half of nearly 700 CFM engines subject to an emergency order issued late Friday by U.S. and European regulators.
SHANGHAI Air China reported a higher quarterly net profit on Thursday, which it said was helped by a strengthening yuan and improved passenger and cargo volumes.
STEVENAGE, England The European Space Agency's mission to search for life on Mars has reached an important milestone with its six-wheeled surface rover prototype ready for its "shake and bake". | Video
ZURICH Siemens has named Barbara Humpton as its chief executive officer in the United States, effective June 1.
BERLIN European missile maker MBDA prefers to form cooperation agreements with U.S. companies instead of using takeovers to gain access to the large U.S. arms market, Chief Executive Antoine Bouvier told Reuters in an interview.
MOSCOW Russian Foreign Minister Sergei Lavrov will meet with his Turkish and Iranian counterparts in Moscow on Saturday to discuss Syria and the Iran nuclear deal, news agencies cited Russian foreign ministry spokeswoman Maria Zakharova as saying.
BERLIN The U.S. Marine Corps is on track to declare an initial four CH-53K heavy-lift helicopters, built by Lockheed Martin Corp's Sikorsky unit , ready for combat use as planned in December 2019, senior Marine Corps officials said on Thursday.
PLANE PRICE CALCULATOR
LONDON A top Facebook executive apologized for errors made by the firm and vowed to do more to improve transparency during a four-hour grilling on Thursday from British lawmakers who insisted the company's response to a data scandal had been inadequate. | Video