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Exclusive: U.S., Japanese firms collaborating on new missile defense radars – sources

By Tim Kelly and Nobuhiro Kubo | TOKYO Raytheon Co and Lockheed Martin Corp are working with Japanese partners on rival projects to develop new radars that will enhance Japan’s shield against any North Korean missile strike, government and defense … Continue reading

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Trump budget plan slashes food stamps, healthcare for poor

FILE PHOTO – President Donald Trump’s FY2018 budget is seen printed at the Government Publishing Office in Washington, U.S. on May 19, 2017. REUTERS/Yuri Gripas/File Photo

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Sterling retreats after Manchester blast, stocks steady

People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon

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Euro near six-month highs, pound sags vs. yen after Manchester blast

By Shinichi Saoshiro | TOKYO The euro hovered near a six-month high against the dollar on Tuesday after German Chancellor Angela Merkel said the currency was “too weak,” while the pound sagged against the yen after a blast at a … Continue reading

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Oil firm on expected cut extension, but economic slowdown weighs

FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo

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Volkswagen CEO says enforcing culture change poses challenges

Volkswagen CEO Matthias Mueller attends the annual shareholder meeting in Hanover, Germany May 10, 2017. REUTERS/Fabian Bimmer

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Exclusive: North American carmakers want rules of origin untouched – Mexico lobby

By Anthony Esposito and Sharay Angulo | MEXICO CITY The auto industries of the United States, Canada and Mexico agree there should be no changes to rules of origin in the North American Free Trade Agreement (NAFTA), the president of … Continue reading

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Boeing wins $1.09 billion U.S. defense contract: Pentagon

Boeing Co’s logo is seen above the front doors of its largest jetliner factory in Everett, Washington, U.S. January 13, 2017. REUTERS/Alwyn Scott

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In Bombardier fight, Boeing sees ghost of Airbus ascent

By Tim Hepher and Alwyn Scott | PARIS/SEATTLE Two words underpin Boeing’s (BA.N) decision to launch a U.S. trade complaint against Bombardier (BBDb.TO), which plunged it into a row with Canada last week: “Never again”. Allegations that the Canadian firm … Continue reading

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U.S. Justice Dept., Citigroup settle probe into Banamex USA

FILE PHOTO — People walk beneath a Citibank branch logo in the financial district of San Francisco, California July 17, 2009. REUTERS/Robert Galbraith/File Photo

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