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Nations agree new contract for delayed Airbus A400M: sources

Airbus has reached final agreement with European buyer nations for a revised contract for its delayed A400M military transporter plane, resetting Europe's largest defense project after a lengthy wrangle over costs and military capability.

Markets

India plans to launch own space station: ISRO

India will look to create its own space station following the completion of the country's first manned mission into space in 2022, its space agency chief said on Thursday.

Markets

UK tells telecom firms to be cautious over Huawei after US warnings

British telecom companies should show "all due caution" before using China's Huawei equipment in their 5G networks because the government cannot ignore the warnings from the United States, its digital minister said.

Markets

Southwest extends Boeing 737 MAX cancellations through Sept. 2

Southwest Airlines Co said on Thursday it is extending cancellations of about Boeing Co 737 MAX flights through Sept. 2 as it continues to await guidance and approval on software enhancements and training requirements.

Markets

US retailers’ halting outlook reveals scale of tariff fear

The first half of 2019 was expected to be a boon for U.S. retailers, buoyed by solid consumer sentiment at home and expansion in China - the market many of them have targeted for the future.

Markets

DHL says it will invest US$150 million to expand US healthcare business

Deutsche Post DHL Group on Thursday said it will spend US$150 million this year to expand its U.S. healthcare distribution network capacity by roughly 40 percent.

Markets

Uber enlists “Qute” to take on India’s choked, polluted roads

Uber Technologies Inc has launched a new ride-hailing service in India's tech capital Bengaluru that will use miniature gas-powered cars called "Qute" to win over commuters stressed out by the sprawling city's heavily-congested streets.

Markets

Energy shares power Wall Street higher

U.S. stocks opened higher on Thursday, led by gains in energy shares, with hopes of an interest rate cut adding to the upbeat mood.

Markets

India alleges 22 audit violations by Deloitte, KPMG arm in fraud case

India detected at least 22 violations of auditing standards by Deloitte Haskins & Sells and a KPMG affiliate while investigating a fraud at a financial company, leading it to seek a five-year ban on the auditors, according to government legal filings seen by Reuters.

Markets

VW and Ford close to deal on self-driving cars, VW says

Volkswagen and Ford are close to reaching a deal on a partnership for developing self-driving cars, the German carmaker's chief executive said on Thursday.

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