Business & Finance News
Delta Air Lines reported a bigger-than-expected increase in third-quarter profit on Thursday thanks to “surprise” demand growth, prompting a need to hire pilots, flight attendants, and airport workers more quickly, Chief Executive Ed Bastian told Reuters.
U.S. stock index futures edged lower on Thursday, as high-level negotiators from the United States and China geared up to meet for the first time since late July as they try to hammer out a deal to end a 15-month long trade war.
Oil prices were steady on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict.
BMW aims to double sales of large luxury cars next year from 2018 levels to help revive profit margins hit by investments in new technologies, Chief Financial Officer Nicolas Peter said on Thursday.
Morocco’s national carrier Royal Air Maroc (RAM) has suspended a deal to purchase two more Boeing 737 MAX jets after the same model of aircraft crashed in Ethiopia, a source from the airline told Reuters on Thursday.
Nissan said it will begin making the next-generation Juke vehicle at Britain’s biggest car plant on Monday, just over two weeks before a possible no-deal Brexit which the industry has warned could bring production to a halt.
Morocco’s national carrier Royal Air Maroc has suspended a deal to purchase two more Boeing 737 MAX planes after the same model of aircraft crashed in Ethiopia, a source from the airline told Reuters on Thursday.
Delta Air Lines reported a greater-than-expected increase in quarterly profit on Thursday thanks to “surprise” demand growth, prompting the airline to accelerate its hiring of pilots, flight attendants, and airport workers, Chief Executive Ed Bastian told Reuters.
WeWork’s India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since The We Company’s botched stock market launch, and is in early discussions to raise $200 million from new investors, the venture’s chief shareholder Jitu Virwani said on Thursday.
An Australian farmer has launched a legal case against Bayer AG’s agricultural chemicals unit Monsanto after being diagnosed with a type of leukaemia, the Australian Broadcasting Commission reported on Thursday.
JPMorgan Chase & Co. has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region.
Oil prices dipped on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict.
A dive in the dollar catapulted the euro higher and flattened stocks on Thursday, as the first U.S.-China trade talks since July and a report accusing the European Central Bank chief Mario Draghi of going rogue jostled for attention.
Office-sharing startup WeWork will open new locations in Singapore and the Philippines this year, it said, even as it seeks a $1 billion lifeline from its biggest-backer Softbank Group Corp for a major restructuring.
Electricity was shut off to nearly 750,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co (PG&E) imposed a string of planned power outages of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather.
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