At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once again. Video
NEW YORK - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp.
WASHINGTON - Small business optimism rose to a one year-high in May, a hopeful sign for an economy that has hit a soft patch.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Honeywell signs contract to supply avionics systems to Brazil's Embraer
(Reuters) - Diversified U.S. manufacture Honeywell International Inc (HON.N) said on Monday that it signed a $2.8 billion lifetime contract to provide Brazil's Embraer SA (EMBR3.SA) with avionics for the second generation of its E-Jets.
Honeywell will sell its Primus Epic system, which integrates a plane's avionic systems, to the Brazilian aircraft producer. Avionics include navigation, communications and display systems.
Embraer, the largest regional aircraft producer, said the program will launch later this year and that the planes equipped with the new system will enter service in 2018.
(Reporting by Tej Sapru in Bangalore; Editing by Gary Hill)
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