July 24, 2018

Shares get China stimulus boost, bonds show the strain

World shares climbed for a third day running on Tuesday, as China promised fiscal action to support the world’s second-largest economy and stellar results from internet […]
July 24, 2018

BMW manager Duesmann to become new Audi CEO: Handelsblatt

Volkswagen has hired BMW purchasing director Markus Duesmann to fill the post of Audi chief executive, German daily Handelsblatt reported on Tuesday. Powered by WPeMatico
July 24, 2018

Global airfares, hotel rates to rise in 2019: industry forecast

A strong global economy and rising oil prices are expected to push up the cost of air travel in 2019, with fares seen rising 2.6 percent […]
July 24, 2018

Malaysia Airlines taps lenders for first jet financing since restructuring: sources

Malaysia Airlines Bhd is tapping banks to fund about nine Boeing 737 MAX planes in what will be the carrier’s first jet financing with lenders since […]
July 24, 2018

Bonds fear fading stimulus, China shares at one-month top

Global bond markets were tense on Tuesday amid talk of central bank tightening and the risk of a robust reading on U.S. economic growth later in […]
July 24, 2018

Alphabet trounces profit estimates as Google reins in costs

Alphabet Inc on Monday reported that expenses from its Google search business grew more slowly in the second quarter while revenue rose more steeply than analysts […]
July 23, 2018

U.S., European allies map out larger role for F-35 fighter

Lockheed Martin’s F-35 fighter jet is arriving in growing numbers in Europe, and is poised to play a much broader role in missile defense and other […]
July 23, 2018

Nike to raise wages for thousands of employees

Nike Inc said on Monday it would raise wages for about 7,500 employees following a global pay review, two months after the sportswear maker concluded a […]
July 23, 2018

Alphabet trounces profit estimates as costs come into check

Alphabet Inc on Monday reported expenses from its Google search business were growing more slowly and that revenue from advertising and cloud computing rose faster than […]
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