Airbus is talking to airlines about a longer-range version of its best-selling narrowbody jet family with a view to launching it by mid-2019 as it tries to head off a potential Boeing competitor, people familiar with the matter said.
Sweden’s AB Volvo has triggered its hard Brexit contingency plans, with the truckmaker building “safety stock” with its British dealers and considering alternative shipping routes to minimize disruption.
World equity markets slumped on Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook even as signs grow that global economic growth is stuttering.
Belgian prosecutors have dropped their case against former directors of Fortis, 10 years after the Belgian-Dutch bank’s collapse during the global financial crisis.
Oil prices fell about 3 percent on Thursday, heading back towards their lowest levels for more than a year on worries about oversupply and the outlook for energy demand as stock markets tumbled following a U.S. interest rate rise.
In an unexpected move on Thursday, a Tokyo court decided not to extend the detention of ousted Nissan Motor Co chairman Carlos Ghosn, meaning he may soon be released from jail where he has been since his arrest for alleged financial misconduct.
China and the United Sates will hold more talks on trade in January, China said on Thursday, following detailed discussions about the issues to be tacked in the negotiations.
The U.S. Treasury said it will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering down the toughest penalties imposed since Moscow’s 2014 annexation of Crimea.
Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen earlier in the week amid worries about oversupply and the outlook for the global economy.
Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes over the next two years, dashing investor hopes for a more dovish policy outlook.
Novartis said it appointed company veteran Susanne Schaffert to lead its oncology unit from Jan. 1, replacing Liz Barrett who is stepping down to return to the United States.
In the nearly 40 years she has spent in trade, Amy Magnus has never seen retailers hoarding so much inventory.
Canada’s Bombardier Inc will deliver its first Global 7500 corporate jet on Thursday, premiering a full-sized bed and optional en-suite shower, in a challenge to U.S. planemaker Gulfstream at the top of the luxury jet market.
Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes next two years, dashing investor hopes for a more dovish policy outlook.
A Tokyo court on Thursday unexpectedly decided not to extend the detention of Nissan Motor Co’s ousted chairman, Carlos Ghosn, meaning he may soon be released from jail where he has been confined since his arrest for alleged financial misconduct.
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