SNB chairman says Swiss industry feeling German weakness

By John O’Donnell FRANKFURT (Reuters) – The current weakness in German industry is sapping demand in Switzerland’s manufacturing sector, Swiss National Bank Chairman Martin Schlegel said on Saturday. “When Germany has a cold, Switzerland gets the flu,” he said, noting that there was significantly less demand among Swiss manufacturers owing to the downturn in Germany,…

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FAA sets new directives for select Boeing 737 models

The Federal Aviation Administration (FAA) has issued new airworthiness directives (ADs) for certain models of the Boeing (NYSE:BA) 737 aircraft. These directives, published in the Federal Register, address two separate concerns that could potentially affect flight safety. The first AD targets specific Boeing 737-300 and -400 series airplanes. This directive comes after a report identified…

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Baidu secures Hong Kong robotaxi trial license

Baidu (NASDAQ:BIDU), the Chinese technology giant, has been granted a license to test its autonomous vehicles in Hong Kong through its Apollo robotaxi service. The license, issued by the Transport Department of Hong Kong on Friday, allows Baidu Apollo International Ltd to conduct trials with 10 autonomous vehicles in North Lantau. The permit is set…

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