Asia lifted as Wall Street climbs on trade developments, pound sags
Asian stocks rose on Monday, as signs of progress in U.S.-China trade talks and firmer Wall Street shares supported sentiment, although another defeat for British Prime Minister Theresa May’s proposed Brexit deal added to the pound’s recent woes.
Japan March factory output falls at fastest rate in nearly three years: PMI
Japanese manufacturing activity contracted at a slower pace in March than the previous month, but output fell at the sharpest rate in nearly three years, a private business survey showed on Monday, reflecting weak demand at home and abroad.
China March factory activity grows for first time in four months, but exports weak
Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, suggesting government stimulus measures may be starting to take hold in the world’s second largest economy.
Airlines with buyers' remorse may use Boeing 737 MAX ban to revise orders
The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane.
Apple infringed three Qualcomm patents, jury finds
Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about $31 million for infringing three of its patents.
U.S. regulators want public's view on cars with no steering wheel, brakes
U.S. regulators will ask the public if robotic cars should be allowed on streets without steering wheels or brake pedals as they try to set the first legal boundaries for their design in the world’s second largest vehicle market.
NHTSA probing two fatal Tesla crashes in Florida since Sunday: agency
(Reuters) - The National Highway Traffic Safety Administration (NHTSA) said it is investigating a fatal Tesla Inc Model S crash in Davie, Florida last Sunday that killed the driver and resulted in a massive vehicle fire, the second fatal crash this week the agency is probing.
Apple holders vote down proposal to disclose ideology of director nominees
(Reuters) - Apple Inc shareholders on Friday defeated a shareholder proposal from a conservative group that would have required the company to disclose the "ideological perspective" of nominees for its board of directors.
German carmakers to invest 60 billion euros in electric cars and automation: VDA
(Reuters) - Germany's car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show.
Buffett appears to fault Trump, laments deals dearth in Berkshire letter
(Reuters) - Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation's economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy.