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Sunday, June 25, 2017, 4:01 a.m.

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Alfa Romeo boss: Won't trim prices

posted: 06/25/2017 2:16 a.m. Discuss

Alfa Romeo's global brand chief says he won't cut prices to meet lofty U.S. sales goals because he insists Fiat Chrysler Automobiles NV isn't setting such targets in the first place.

Owners of millions of small Indian shops worry over new sales-tax rules

posted: 06/25/2017 1 a.m. Discuss

NEW DELHI -- The daily bustle of tourists and shoppers has died down in an upscale market in central New Delhi, but a toy shop owner is still busy poring over new Indian tax rules that take effect next month.

Business news in brief

posted: 06/24/2017 1:48 a.m. Discuss

China penalizes trading firm $101M

Tyson sending its beef to China

posted: 06/23/2017 2:03 a.m. Discuss

Tyson Foods Inc. has sent a shipment of beef to China, making it one of the first meat companies in the nation to send U.S. beef to the country in roughly 13 years. Analysts estimated that the recent U.S. beef trade agreement with China would go into effect as early as late July or early August, but initial signs from U.S.-based meatpackers have shown swifter results.

Ease up, food importers tell China

posted: 06/23/2017 2:02 a.m. Discuss

BEIJING -- Food exporters including the United States and European Union are stepping up pressure on China to scale back plans for intensive inspections of imports that they say would hamper access to its fast-growing market.

Qatar Airways after piece of airline

posted: 06/23/2017 2:01 a.m. Discuss

DALLAS -- State-owned Qatar Airways is attempting to buy 10 percent of American Airlines, a move that would trigger an antitrust review by the U.S. government and carry political and trade-policy implications.

Tesla in talks to set up China car factory

posted: 06/23/2017 1 a.m. Discuss

HONG KONG -- Tesla Motors is in discussions to establish a factory in Shanghai, its first in China, a move that could bolster its efforts in one of its major markets even as it further lifts China's position as a builder of electric cars.

Magnificent flying machines

posted: 06/22/2017 2:09 a.m. Discuss

There are flying cars and Concorde's would-be supersonic successor, a company offering to deliver cargo to the moon -- for a mere $544,000 per pound -- and the latest in funky futuristic aviation ideas, big and small at the Paris Air Show this week.

Business news in brief

updated: 06/22/2017 2:03 a.m. Discuss

Michigan dumps its oil-spill analyzer

Drones shouldering in at air show

posted: 06/21/2017 2:14 a.m. Discuss

Drones are no longer aviation's next big thing. They are a big thing right now, as evidenced by the drones of all shapes and sizes showcased at the Paris Air Show.

Takata bankruptcy seen skimping air bag victims

posted: 06/21/2017 2:11 a.m. Discuss

A bankruptcy filing by Japanese air bag maker Takata will leave little money for dozens of people who sued the company over deaths and injuries caused by its faulty air bag inflators, according to outside legal experts and lawyers suing the company.

Ford sees $1B savings in shift

posted: 06/21/2017 2:05 a.m. Discuss

Ford is canceling plans to build the Focus small car in Mexico, saving $1 billion by ending North American production and importing the model mostly from China after next year.

Oil stored in tankers at '17 high as supply glut proves resilient

posted: 06/20/2017 1:56 a.m. Discuss

Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region, a sign the market is far from the kind of re-balancing that OPEC would have hoped for when the group set out last year to bring down global stockpiles to stabilize prices.

Airbus wins deal for 100 A320neo's

posted: 06/20/2017 1:54 a.m. Discuss

PARIS -- Airbus clinched a deal for 100 single-aisle A320neo planes in its first big move on the opening day of the Paris Air Show, where the European planemaker is jockeying with Boeing for orders.

Macron kicks off Paris Air Show with airborne entrance

posted: 06/19/2017 11:16 a.m. Discuss

PARIS — The French president descended from the skies in a European military plane and Airbus and Boeing raced to impress with big plane orders as the Paris Air Show got underway Monday.

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