SYDNEY - Asian share markets rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus.
Recent Business News
TOKYO - Air bag maker Takata Corp has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company executive told the Nikkei newspaper.
BOSTON - A top Herbalife salesman said that most people who sell the company's weight loss and nutrition products are doomed to fail, adding fresh grist to accusations by a hedge fund manager that the company is a fraud.
SEATTLE - Boeing Co will deliver a record 754 commercial aircraft in 2015, an increase of up to 5.5 percent, the U.S. Aerospace Industries Association forecast on Wednesday, reflecting expectations of steadily rising production at the world's biggest plane maker.
PARIS - A management reshuffle at Airbus this week marks another step towards focusing Europe's biggest aerospace company on industrial performance rather than the political interests of key shareholders France and Germany, industry sources said.
SEOUL - Iconic Swedish furniture retailer IKEA built its biggest store in the world to serve South Korea's shrinking households, targeting millions of people living alone with Korea-only items like super-sized single beds and in-store kimchi rice.
A cursory peek inside the technologies that power TVs.
- How record crops generate food inequality
- The world’s rising tides have something for everyone to worry about
- ‘Why women are stripey’ and other informational videos
- Ev Williams is right not to care about Instagram
- In Uber’s fast expansion, big legal headaches
- On the debt limit, Congress is seriously unfunny