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Reuters: Business News

Asian stocks up but wary of China, dollar retreats from highs

TOKYO (Reuters) - Asian stocks were modestly higher early on Friday with investors on edge ahead of opening trade in China's markets which plunged the previous day, while the dollar took a breather from a sharp run up this week.

Posted: Fri 29th of May, 2015

Airbus debates new A320 output hike, suffers test glitch

TOULOUSE (Reuters) - Airbus is leaning toward a new hike in production of its A320 jet, raising the stakes in a battle with Boeing to translate record orders into tangible deliveries, but has yet to decide on the risks of handling unprecedented volumes.

Posted: Fri 29th of May, 2015

Avago to buy Broadcom for $37 billion in biggest-ever chip deal

(Reuters) - Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players.

Posted: Thu 28th of May, 2015

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