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Asian shares hitch a ride on Wall Street's record

TOKYO - An index of Asian shares neared a six-and-half-year peak on Friday and was poised for a weekly gain, after upbeat U.S. economic data sparked another record close on Wall Street.

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U.S. judge calls Argentina debt swap plan 'illegal'

NEW YORK - U.S. District Judge Thomas Griesa on Thursday called Argentina's proposed debt restructuring plan "illegal" but stopped short of holding the country in contempt, saying that would not help resolve the dispute that led to the nation's second default in a dozen years.

21 Aug 2014

U.S. federal prosecutors questioning GM lawyers on vehicle recalls -source

- U.S. federal prosecutors have learned that lawyers for General Motors Co were present at key meetings during which information about problems with some of its vehicles were discussed, a source close to the investigation said.

2:46am BST

Exclusive - Lockheed, suppliers brainstorm how to lower F-35 operating costs

WASHINGTON - Lockheed Martin Corp met with 90 key suppliers last week to brainstorm ways to lower the long-term cost of operating and maintaining the F-35 fighter jets from the Pentagon's current forecast of $1.02 trillion through 2065.

21 Aug 2014

U.S. venture firm Kleiner Perkins suffers security breach

SAN FRANCISCO - California detectives are investigating a July computer theft at storied venture capital-firm Kleiner Perkins Caufield & Byers, a spokeswoman for the Menlo Park police said on Thursday.

3:13am BST

Etihad plan to buy Darwin stake fails to meet Swiss rules - agency

ZURICH - Swiss authorities have warned that a plan by Etihad Airways to buy a third of Switzerland's Darwin Airline does not meet legal requirements to be approved, as foreign stakes in European airlines come under increasing scrutiny.

Aerospace & Defence 21 Aug 2014
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