MH370 mystery: ‘Very surprised’ if no breakthrough in next 3-4 years, says Malaysia Airlines CEO

The circumstances that brought down Malaysia Airlines flight MH370 remain one of the world’s greatest aviation mysteries, but the carrier’s chief executive said he believed a breakthrough can be made within the next four years. The plane, a Boeing 777, was...

North Korea is more erratic than ever, but South Korea is in no rush for US missile defense

That’s because the American hardware carries emotional political baggage for South Koreans, Jenna Gibson, director of communications at the Korea Economic Institute of America, wrote in a note published this week by the Center for Strategic and International...

Hyundai saw its net profit slashed, and it has the US and China to blame

Hyundai Motor’s bleak results stretched into a 14th straight quarter as political headwinds continued to drag down sales in China, its biggest market, and higher incentives failed to boost business in the United States. The South Korean firm — which...

Daimler reports booming sales of Mercedes-Benz cars thanks to 28% rise in demand from China

Daimler’s second-quarter operating profit rose 15 percent, below expectations, despite booming sales of the new Mercedes-Benz cars helping to lift margins in the autos business to 10.2 percent. Daimler’s group earnings before interest and taxes rose to...

The 29-year-old CEO of Whatsapp rival Hike on pitfalls founders should avoid

The key to building a successful start-up is understanding the value of time, according to 29-year-old Kavin Bharti Mittal, who is founder and CEO of Indian messaging platform Hike Messenger. Mittal started Hike in 2012 as an instant messaging app that has now evolved...