Page 44 - Cong News Today

A spy for the Chinese Ministry of State Security has been convicted by a federal jury of plotting to steal trade secrets from several U.S. aviation and aerospace companies, the Justice Department said on Friday.

South Africa's Dis-Chem Pharmacies Ltd reported a 35.3% jump in half-year earnings on Wednesday, helped by pent-up demand for medicines and vaccines after the easing of pandemic lockdowns.

Vietnam's Bamboo Airways on Wednesday signed a memorandum of understanding with a joint venture between General Electric and Safran SA for the purchase of aircraft engines and equipment worth up to 1.73 billion euros ($2 billion).

One of the largest U.S. diesel retailers is assembling a fuels trading, processing and distribution powerhouse that could turn a truck stop operator part-owned by billionaire Warren Buffett into the Walmart of petroleum.

Japanese Prime Minister Fumio Kishida wants to ease quarterly disclosure requirements for companies as part of his pledge to forge a "new capitalism", but implementation could take years, complicating the outlook for one of his key promises.

The Federal Transit Administration (FTA) said Friday it had asked U.S. transit agencies to conduct inspections of wheel gauges on rail cars following the Oct. 12 derailment of a Washington subway train.

Brazilian fintech Nubank, which was valued at $30 billion in a recent funding round led by Warren Buffett's Berkshire Hathaway , has filed for an initial public offering in the United States.

Mitsubishi Power, a subsidiary of Japanese company Mitsubishi Heavy Industries , said on Thursday it had started commercial operations of a 500-megawatt natural gas turbine in Indonesia's Muara Karang Power Plant.

A global parts and chip shortage is taking a heavy toll on Japanese firms with seven out of eight automakers seeing global output drop in September, casting doubt over the central bank's view the impact of supply constraints will be temporary.

The Washington-area subway system said on Thursday subway service will stay sharply reduced through at least Nov. 15 as it works on restoring railcars to service after a derailment on Oct. 12.