Trump tweets details of his offer of relief to ZTE

President Trump has revealed some basic terms under which he says Chinese telecom equipment maker ZTE () can get out from under a U.S. ban, though they‘re light on detail because of his favored medium: Twitter. “I with high level security guarantees, change of management and board, must purchase U.S. parts and pay a $1.3 Billion fine,” the president tweeted. […]

Report: Ex-Xerox chief gave up $18M severance

Ex-Xerox (NYSE:) CEO Jeffrey Jacobson when he resigned under pressure from Carl Icahn, the New York Post says. Jacobson‘s May 13 resignation forestalled a firing, in which he‘d be able to demand a two-year severance package worth that amount. But the resignation got him immunity from civil lawsuits over the company‘s $6.1B deal with Fujifilm (), which Icahn and investor […]

Erdogan asks Turks to support lira

President Tayyip Erdogan on Turks on Saturday to convert their dollar and euro savings into lira, seeking to bolster the currency which has lost some 20% of its value against the greenback this year. “We will thwart this game together,” he told a rally in the eastern city of Erzurum ahead of parliamentary and presidential elections on June 24. Previously: […]

Bezos vows to expand space ventures

Jeff Bezos has to use his rocket startup to develop robotic rovers and perhaps human habitats on the moon‘s surface, even if such projects fail to win financial support from NASA. “This is not something that we may choose to do; this is something we must do… We must go back to the moon, and this time to stay.” Bezos […]

Bombardier Grows its Global Family of Business Jets with Launch of Global 5500 and Global 6500 Aircraft

GENEVA, SWITZERLAND–(Marketwired – May 27, 2018) – Editors Note: There are two photos associated with this press release. Bombardier Business Aircraft is proud to unveil two additions to its business jet fleet: the Global 5500 and Global 6500 aircraft, with class-leading ranges of 5,700 and 6,600 nautical miles, respectively, top speeds of Mach 0.90 and Bombardier‘s smooth ride technology. “Bombardier‘s […]

Bombardier élargit sa gamme d‘avions d‘affaires Global avec le lancement des avions Global 5500 et Global 6500

GENÈVE, SUISSE–(Marketwired – 27 mai 2018) – Note aux rédacteurs : Deux photos sont associées à ce communiqué de presse. Bombardier Avions d‘affaires est fière de dévoiler deux ajouts à sa flotte d‘avions d‘affaires : les avions Global 5500 et Global 6500, avec des autonomies de 5 700 et 6 600 milles marins, respectivement, qui les placent en tête de […]

Kim expressed ‘fixed will‘ on June 12 summit with Trump in meeting

North Korean leader Kim Jong Un expressed "his fixed will" on a possible June 12 summit with US President Donald Trump in a meeting on Saturday with the president of South Korea, North Korea‘s state news agency said. During what it called in-depth discussions, Kim and South Korea‘s Moon Jae-in agreed to hold high-level talks between their two nations on […]