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Boeing CEO concedes ‘mistake’ with planes in two fatal crashes, vows to rebuild trust

via The Japan Times    Jun 17, 2019

Boeing Chief Executive Dennis Muilenburg speaks during an April news conference after the company's annual shareholders meeting at the Field Museum in Chicago. Boeing's CEO said Sunday the company made a

The chief executive of Boeing said the company made a “mistake” in handling a problematic cockpit warning system in its 737 Max jets before two ...

Canada backs start-up to boost big data on space debris

via The Japan Times    Jun 17, 2019

The Canadian government’s contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially available data about the ...

Erdogan says drilling off Cyprus will continue despite warning

via The Japan Times    Jun 17, 2019

Turkish President Tayyip Erdogan meets with his Chinese counterpart, Xi Jinping (right), during the Conference on Interaction and Confidence-Building Measures in Asia (CICA) in Dushanbe, Tajikistan, Saturday. | CEM OKSUZ / TURKISH PRESIDENTIAL PRESS OFFICE / HANDOUT / VIA REUTERS

Turkish President Recep Tayyip Erdogan on Sunday said Turkey would not back down from gas exploration in Cyprus after Southern European leaders urged Ankara to ...

Brutal hailstorm exacts heavy financial toll on French farms and vineyards

via The Japan Times    Jun 17, 2019

French minister of agriculture Didier Guillaume looks at a vineyard hit by a hailstorm next to farmers in La Roche-de-Glun near Romans-sur-Isere, southeastern France, on Sunday after a storm that caused one death in Haute-Savoie department and heavy damage in Drome department. | AFP-JIJI

Farmers in southeast France counted the costs from lost harvests on Sunday after a fierce storm battered the region with hail the size of ping-pong ...

Boeing crisis, trade tensions cast pall over Paris Airshow despite hefty plane orders

via The Japan Times    Jun 17, 2019

A Japan Air Self-Defense ForceKawasaki aircraft stands outside the Boeing Co. exhibition area ahead of the 53rd International Paris Air Show at Le Bourget in Paris on Sunday. The show is the world's largest aviation and space industry exhibition and runs from June 17-23. | BLOOMBERG

Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world’s largest plane-makers as they arrive at this week’s ...

Shadow banking crisis raises risk of renewed Indian bad-loan reckoning

via The Japan Times    Jun 17, 2019

Just as India’s banks emerge from under a pile of bad loans to large energy, steel and other industrial companies, they are facing a new ...

Japan’s labor crunch provides opportunities for more women to take the wheel

via The Japan Times    Jun 17, 2019

Asuka Maemura, a moving assistant at Osaka-based Sakai Moving Service Co., holds a package while working in Osaka earlier this month. | KYODO

From moving companies to taxi and train operators, Japanese firms have been recruiting more female drivers amid a serious labor shortage that is hitting the ...

South Korean studio behind cult game Mir engaged in all-out assault on copycats in China

via The Japan Times    Jun 17, 2019

Henry Chang, chief executive officer of Wemade Co., sits in the company's headquarters in Seongnam, South Korea. Over the last three years, Chang has filed about 65 lawsuits in China, Singapore and South Korea against Chinese gaming studios, attempting to block what he alleges are unlicensed versions of his two-decade-old title The Legend of Mir. | BLOOMBERG

In The Legend of Mir, warriors and sorcerers battle creatures from an ancient universe. Now, WeMade Co.’s longtime video game hit is at the center ...

Economists expect Bank of Japan will expand stimulus sometime soon, but not this week

By Toru Fujioka
- via The Japan Times    Jun 17, 2019

A majority of economists now see the Bank of Japan expanding its stimulus as its next move, with a strengthening of the yen from Federal ...

Revival of Fiat-Renault deal hinges on Nissan’s backing and France’s role

By Tommaso Ebhardt,Ania Nussbaum,Daniele Lepido
- via The Japan Times    Jun 17, 2019

Renault SA Chairman Jean-Dominique Senard has said he is open to a future tie-up with Fiat Chrysler Automobiles NV. | BLOOMBERG

As Fiat Chrysler Automobiles NV and Renault SA move on from their failed merger talks, a revival of discussions would depend on overcoming at least ...

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