Japan-US trade surplus edges up in April

TOKYO: Japan's politically sensitive trade surplus with the US edged up in April, government data showed Monday (May 21), after Tokyo warned it may take retaliatory measures against US tariffs. Japan logged a surplus in April of 615.7 billion yen (US$5.6 billion) with...

GE nears deal to merge transportation unit with Wabtec

NEW YORK: General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a US manufacturer of equipment for the rail industry, two people familiar with the matter said on Sunday (May 20). A deal valuing...