* Boeing rolled the first bigger version of its 787 Dreamliner to the flight line in Everett, Washington, the co. said in a statement * Co. said in June that the 890 orders for Dreamliner were split between the 787-8 and the 787-9, with 535 for the smaller version and 355 for the larger model […]
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Background * On 30 July Fitch Ratings Agency Downgraded Malaysia’s Outlook To Negative * Fitch reduced its credit outlook on Malaysia to negative from stable, saying in a statement that Malaysia’s public finances are its “key rating weakness.” The shrinking current-account surplus and $2.9 billion of sovereign debt maturity raises the risk of capital outflows, […]
* Wang Jianlin, owner of China’s biggest commercial land developer, is the nation’s wealthiest person, based on regulatory filings that show his non-real estate businesses are more valuable than previously calculated * The chairman of closely held conglomerate Dalian Wanda Group, which became the world’s largest movie theater chain after acquiring AMC Entertainment Holdings Inc. […]
* Bayerische Motoren Werke AG’s rechargeable i8 sports car is entering a soon-to-be-crowded field of supercars with a hint of green. While they tap into Tesla Motors Inc.’s popularity, they’re for different buyers * “This is the supercar of the future: It has the driving performance of an M3, but gets more than 80 miles […]
* L’Oreal SA, the world’s largest cosmetics maker, agreed to buy China’s Magic Holdings International Ltd. for HK$6.54 billion ($843 million) to expand in a market where sales growth is outpacing that of the company. * L’Oreal will pay HK$6.30 a share in cash for Magic, 25 percent more than the last traded price of […]