July 17, 2018

AirAsia chairman, asked about possible Airbus order, says nothing cemented

Nothing is certain about a reported AirAsia order for Airbus A321neo jets until it is announced, and everything is still possible, AirAsia’s chairman said when asked […]
July 17, 2018

UnitedHealth tops earnings estimates, raises forecast

UnitedHealth Group Inc beat analysts’ expectations for second-quarter profit on Tuesday and raised its full-year earnings forecast as tens of thousands of retirees joined its health […]
July 17, 2018

Exclusive: Kenya’s Safaricom in ‘advanced talks’ to take M-Pesa to Ethiopia

Kenya’s Safaricom is in “advanced talks” with the Ethiopian government to introduce its popular M-Pesa mobile money service, a major step towards establishing a toe-hold in […]
July 17, 2018

ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo: source

China’s ICBC Leasing has emerged as the major financier behind a provisional $8.8 billion order at list prices for 80 Airbus A320neo single-aisle jets, a person […]
July 17, 2018

U.S. ban on China’s ZTE forces telecoms to rethink business: sources

The U.S. trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider […]
July 17, 2018

Thyssenkrupp leadership vacuum revives restructuring hopes

Thyssenkrupp shares were indicated 3.4 percent higher early on Tuesday as analysts expect a deeper restructuring of the German submarines-to-elevators conglomerate after the resignation of its […]
July 17, 2018

Moonwalking: South Korea’s wage, hours policies backfire for jobless, low income workers

President Moon Jae-in wants South Koreans to work less and earn more – and to achieve that his government has hiked the minimum wage and slashed […]
July 17, 2018

Asia stocks sag on oil’s slide, dollar dips before Fed testimony

Asian stocks were mostly lower on Tuesday, with a sharp decline in crude oil prices weighing on energy shares, while the dollar dipped ahead of Federal […]
July 17, 2018

Tesla shares fall after CEO Musk abuses British caver

Shares of Tesla Inc fell over 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved […]
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