Tuesday , 16 December 2025

Citi sees a busy year for Korea bond sales

Bloomberg South Korea’s biggest arranger of offshore bond sales expects another busy year in 2020 due to a big wall of maturing debt and foreign investor demand at a time of rising uncertainties elsewhere. Korean issuers sold $33.3 billion of notes abroad last year, only slightly below the six-year high marked in 2018, Bloomberg-compiled data show. Issuance in 2020 will …

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Samsung kicks off 2020 with array of gadgets

Samsung Electronics Co kicked off 2020 with an array of gadgets from prototype augmented-reality (AR) glasses to a new smart speaker that the company hopes will kickstart a fresh foray into the crowded smart home arena. The world’s biggest home appliance maker set out its latest Internet of Things strategy, describing it as an “Age of Experience,” at the CES …

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Apple stole tech for watch, Masimo claims in patent suit

Bloomberg Apple Inc is accused of stealing trade secrets and improperly using Masimo Corp inventions related to health monitoring in its Apple Watch. Masimo, which develops signal processing technology for healthcare monitors, and its spinoff, Cercacor Laboratories Inc, claim in a lawsuit that Apple got secret information under the guise of a working relationship and then hired away key employees, …

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Roomba maker’s new robot ‘with arms’ can do dishes

Bloomberg IRobot Corp, maker of the disc-shaped Roomba robotic vacuum cleaner, said it’s working on a household helper that will have arms that could load dishes, pick up clothes, or bring food from kitchen to table. The Bedford, Massachusetts-based company won’t start selling such a product for at least five years. But prototypes of the arms exist inside its research …

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Zagg develops charger to rival Apple

Bloomberg Zagg Inc said it is developing a wireless charger with capabilities that Apple Inc has so far failed to master with its cancelled AirPower. The new accessory will power iPhones and other mobile devices regardless of where they are placed on the charging mat, Zagg said. This feature has been a challenging goal of several technology companies in recent …

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Muilenburg denied severance, keeps $80.7 million of past pay

Bloomberg Former Boeing Co CEO Dennis Muilenburg won’t get severance and must forfeit stock awards worth tens of millions of dollars after his botched handling of two deadly plane crashes ended a decades-long career at the company. He forfeited unvested equity awards that could have been worth as much as $31 million if certain targets had been exceeded, Chicago-based Boeing …

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Airbus delivered record 863 jetliners in 2019

Bloomberg Airbus SE delivered a record 863 planes last year, edging beyond its target of about 860 after overcoming production snarls with its best-selling A320 family, the chief rival to Boeing Co’s grounded 737 Max. Bigger versions of Airbus’s largest A321neo narrow-body also drove net orders 2.8% higher to 768 aircraft, it said, as airlines snapped them up to replace …

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Southwest Air hit with $3.9mn fine for weight breaches

Bloomberg Southwest Airlines Co was hit with a proposed $3.92 million civil penalty by US aviation regulators for allegedly operating thousands of flights with inaccurate weight estimates of its planes. The airline flew 44 jets on a total of 21,505 flights with “incorrect” weight estimates, the Federal Aviation Administration (FAA) said. Airlines must calculate the weight of each plane before …

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FAA proposes $5.4m fine for Boeing

Bloomberg The Federal Aviation Administration (FAA) proposed a $5.4 million civil penalty against Boeing Co for misrepresenting the safety of wing components installed on 178 of its 737 Max airplanes, the agency said. The parts, known as slat tracks, guide moveable panels on the leading edge of the wing to provide extra lift during takeoff and landing. The FAA said …

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