
VW managers in hot seat over bonus payments
Public debate is raging in Germany this week over whether top executives at Volkswagen should be paid generous bonuses as the carmaker struggles to stem further fallout from its massive engine-rigging scandal. ... more
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Sri Lanka hopes to raise $1 bn in Chinese bonds
Sri Lanka will start issuing bonds in China in the coming months in a bid to raise up to $1 billion, the central bank governor said Tuesday, as the country faces a balance of payments crisis. ... more
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Airbus, Leonardo and Thales reported moving towards European space firm
New study links satellite discharges to electron buildup in orbit
Gilat wins $7 million US defense contract for transportable SATCOM systems
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US-based cruise liner eyes China market with dedicated liner
US-based cruise liner Norwegian Cruise Line Holdings (NCL) is on track to venture into China next year with a ship tailor-made for the Chinese market, a company official said Tuesday. ... more
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Emerging markets show 'signs of distress': IMF
Emerging market economies, once the stars of world growth, now show "signs of distress" due to a darkening global outlook and tumbling commodity prices, the International Monetary Fund said Tuesday. ... more
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China solar giant says president 'assisting' inquiries
The new president of Chinese solar giant Wuxi Suntech Power is "assisting an inquiry" at Customs' request, its parent said Tuesday after reports he had gone missing. ... more
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Facebook brings 'chat bots' to Messenger
Facebook on Tuesday extended its reach beyond online socializing by building artificial-intelligence powered "bots" into its Messenger application to allow businesses to have software engage in lifelike text exchanges. ... more
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China key to record global movie earnings
Movie theaters reaped record earnings around the world last year - $38.3 billion - fueled by China and young people's spending on cinema tickets, industry data showed Tuesday. ... more
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