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Korean Air’s debt costs set to worsen as won weakens

  Bloomberg Korean Air Lines Co. ended last year with a credit rating downgrade and debt-to-equity ratio approaching 1,000 percent — the worst among Asian full-service carriers. Investors of the money-losing airline face an even bleaker 2017 as a weaker won raises the cost of repaying foreign debt. The Korean currency is projected to weaken around 7 percent against the ...

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Fighting fake news isn’t just up to FB and Google

  NEW YORK / AP The fight against fake news is not just being waged by Google, Facebook and big media companies. They are joined in the battle by academics and data scientists who started work on the subject years before bogus news stories were suspected of helping sway the 2016 presidential election. Their work has yielded tools that help ...

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Honda sees growing e-car demand ahead

  Bloomberg Honda Motor Co. plans to set up a joint venture with Hitachi Automotive Systems Ltd. to develop, produce and sell motors for electric vehicles, citing the expected increase in demand for electric autos with tougher environmental standards. The joint venture has plans to manufacture in Japan, US and China, and will consider using Hitachi’s existing plants in those ...

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