Boeing further delays delivery of 787s
'REGRETTABLE':
The firm announced that the inaugural flight of the Dreamliner could be delayed by another three months, meaning more waiting for its clients
Australia's Qantas says another delay in delivery of Boeing's new 787 will slow the expansion plans of its budget subsidiary, while All Nipon Airways (ANA) -- in line to get the first plane -- called the delay "extremely regrettable."
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Closure of Nokia factory in Germany sparks anger
'ABYSMAL SCANDAL':
The company said that a greater need for cost-effectiveness in production meant that Germany was no longer a feasible location for Nokia
The announced shutdown of a German factory by Finnish mobile phone maker Nokia, following the departure of Motorola and BenQ (明基), has left unions and politicians outraged.
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More computers shipped in US in Q4 than expected
The rapid growth curve for computer shipments in last year's third quarter extended into the year's final months, two technology research firms said on Wednesday.
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Brokerage Merrill Lynch's quarterly loss hits record
Merrill Lynch & Co, the world's largest brokerage, lost nearly US$10 billion in the fourth quarter, its biggest quarterly loss since it was founded 94 years ago, after writing down US$14.6 billion in investments slammed by the ongoing credit crisis.
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New reports show that US economy is slowing down
US government reports released on Wednesday provided additional evidence that the economy is slowing amid credit problems and the housing downturn and raised expectations that the Federal Reserve is likely to cut interest rates when it meets this month.
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World Business Quick Take
■ TRADE
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