Continental profit hit by demand, emissions rules

Continental AG (CON.XE) said Thursday that third-quarter net profit slumped, hit by slowing demand in global auto markets and the effects from new emissions-testing rules. Net profit for the quarter fell 14% to 626.1 million euros ($717.3 million) from EUR729.1 million a year earlier. Revenue edged 0.9% higher to EUR10.79 billion. Earnings before interest and taxes dropped 18% to EUR851.6 […]

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Divers recover jet's data recorder from Indonesia seafloor

A member of National Transportation Safety Committee holds the flight data recorder from the crashed Lion Air jet as Chief of National Search and Rescue Agency Muhammad Syaugi gestures during a press conference on board of a research ship Baruna Jaya anchored in the waters of Tanjung Karawang, Indonesia, Thursday, Nov. 1, 2018. Divers on Thursday recovered the flight data […]

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