Honeywell International Inc won its biggest business jet engine order, beating two rivals for a $23 billion contract from Empresa Brasileira de Aeronautica SA.
Boeing Co, the world's second-largest commercial aircraft maker, delayed delivery of the 787 Dreamliner until the third quarter of 2009, its third postponement in six months.
Shanghai's main stock index gave up most of the day's gains to close modestly higher yesterday, retreating from near its 20-day average, which some analysts consider important technical resistance.
Bank of Beijing Co, China's biggest city bank, said profit rose 57 percent in 2007 as the nation's fastest economic growth in 13 years boosted demand for corporate loans and mortgages.
China's telecom industry will undergo a reshuffle in the near future as the government is expected to release the long-awaited license for third generation (3G) technology and restructure the major wireless and fixed-line carriers later this year or next year.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
