Brazil

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

Published 17/10/2017

Airbus SE has agreed to buy a majority stake in Bombardier Inc's CSeries jetliner program, giving a powerful boost to the Canadian plane and train maker in its costly trade dispute with Boeing Co. [more…]

Midnight in Toulouse: How CSeries deal shook status quo

Midnight in Toulouse: How CSeries deal shook status quo

Published 17/10/2017

Two years ago, Airbus Chief Executive Tom Enders halted negotiations to buy Canada's CSeries program at midnight after the talks with Bombardier leaked to Reuters. On Tuesday, he performed a U-turn by backing a similar deal after all - again at dead of night. [more…]

Honduras coach calls FIFA playoff dates `inhumane`

Honduras coach calls FIFA playoff dates `inhumane`

Published 17/10/2017

FIFA's decision to schedule the World Cup qualifier between Australia and Honduras with just five days in between the two matches was "inhumane", the Central Americans' coach Jorge Luis Pinto has said. [more…]

BASF to harvest seeds, herbicide businesses from Bayer for $7 billion

BASF to harvest seeds, herbicide businesses from Bayer for $7 billion

Published 13/10/2017

BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. [more…]

Canada, Mexico vow to stick with NAFTA talks, Mexico works on Plan B

Canada, Mexico vow to stick with NAFTA talks, Mexico works on Plan B

Published 13/10/2017

The leaders of Mexico and Canada on Thursday pledged to work toward a renegotiation of the North American Free Trade Agreement (NAFTA) even as talks taking place in the United States turned sour due to hard-line U.S. demands. [more…]

Shaky NAFTA deal threatens Navistar`s Mexico-made exports to world

Shaky NAFTA deal threatens Navistar`s Mexico-made exports to world

Published 09/10/2017

Less than half the trucks exported from Navistar's mammoth Escobedo plant in Mexico are sold in North America but the factory's success remains tightly tied to the uncertain future of the region's NAFTA free trade deal. [more…]

Drained of cash and riven by rivalries, UNESCO seeks leader to revive fortunes

Drained of cash and riven by rivalries, UNESCO seeks leader to revive fortunes

Published 06/10/2017

When Israel's envoy told UNESCO delegates last July that fixing the plumbing in his toilet was more important than their latest ruling, it highlighted how fractious geopolitics are paralyzing the workings of the agency. [more…]

Cash injection: sovereign funds target healthcare

Cash injection: sovereign funds target healthcare

Published 06/10/2017

Imagine contact lenses that monitor glucose levels for diabetics, tiny implants to tackle chronic diseases, or algorithms that crunch data to predict illness rates. [more…]

Microscope trailblazers win chemistry Nobel for `freeze framing` life

Microscope trailblazers win chemistry Nobel for `freeze framing` life

Published 04/10/2017

A trio of Swiss, American and British scientists won the 2017 Nobel chemistry prize on Wednesday for developing cryo-electron microscopy, allowing researchers to see biological molecules frozen in action. [more…]

EFG CFO Pradelli to replace chief executive Straehle in 2018

EFG CFO Pradelli to replace chief executive Straehle in 2018

Published 04/10/2017

EFG International's Joachim Straehle is stepping down as chief executive after some 2-1/2 years, during which time the Swiss private bank acquired troubled BSI Bank from Brazil's BTG Pactual. [more…]