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Citi says behaved appropriately in sterling 'flash crash'
LONDON Citi (C.N) said on Wednesday that its trading operations functioned appropriately in a thin and illiquid market during October's "flash crash" in sterling, responding to a Financial Times report saying a trader at the U.S. bank exacerbated the pound's fall. "Sterling fell sharply following a news event just after
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Honda plans to produce 80 business jets annually by March 2019
GREENSBORO, United States Honda Motor Co (7267.T) expects to ramp up production of business jets as part of its plan to expand in the growing industry, the head of the Japanese automaker's aircraft operations said in the United States.The firm
New Year, new high for euro zone stock markets
LONDON Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years.With all of
Toyota to expand hybrid system development to further cut emissions
TOKYO Toyota Motor Corp said on Tuesday it will expand the development of its gasoline-hybrid technology over the next five years to speed up the introduction of lower-emission engines in the face of stricter global emissions standards.The announcement was the
