March 29, 2019

BP CEO Dudley’s 2018 pay slips to $14.7 million

BP Chief Executive Bob Dudley’s pay package slipped to $14.7 million last year from $15.1 million in 2017, even though the oil and gas company’s profits […]
March 29, 2019

U.S., China hold ‘constructive’ trade talks in Beijing

U.S. Treasury Secretary Steven Mnuchin held “constructive” talks in Beijing, he said on Friday, concluding the latest round of dialogue aimed at resolving the bitter trade […]
March 29, 2019

U.S. authority sent Nordea and SEB information requests: Bloomberg

New York’s financial regulator has sent letters to Nordic banks Nordea and SEB asking for detailed information about their dealings with Danske Bank, Bloomberg reported, citing […]
March 29, 2019

H&M beats profit forecasts after it curbs discounts

Swedish fashion retailer H&M reported a much smaller than expected fall in first-quarter pretax profit on Friday as it sold more products at full price and […]
March 29, 2019

Tour operator Tui warns on profit after 737 MAX grounding

Tour operator Tui AG on Friday warned it would take a 200 million euro ($225 million) profit hit in 2019 due to the grounding of Boeing’s […]
March 29, 2019

Huawei urges U.S. to drop ‘loser’s attitude’ as carrier business revenue slips

China’s Huawei Technologies called on Washington to drop the “loser’s attitude” and once again rubbished U.S. allegations its gear could be used by Beijing for spying, […]
March 29, 2019

Sriwijaya Air cancels plan to lease two Boeing 737 MAX jets

Indonesia’s Sriwijaya Air, which is operated by flag carrier Garuda Indonesia, has cancelled plan to lease two Boeing Co 737 MAX jets, a spokesman said on […]
March 29, 2019

Mnuchin says U.S.-China trade talks were ‘constructive’

U.S. Treasury Secretary Steven Mnuchin said in a tweet on Friday that he and U.S. Trade Representative Robert Lighthizer had concluded “constructive” trade talks in Beijing. […]
March 29, 2019

Asian stocks gain, progress in U.S.-China talks eyed

Asian shares rose on Friday, led by a surge in Chinese equities, on hopes that Washington and Beijing are making progress in trade talks, while global […]
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