February 12, 2020

Stocks inch up as drop in new coronavirus cases boosts confidence

Global share markets nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak kept […]
February 12, 2020

Boeing sees airline profits hit, stagnant air cargo market due to virus

The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive […]
February 12, 2020

Stocks inch higher as new coronavirus cases fall

Asian shares and Wall Street futures nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about […]
February 12, 2020

America Movil posts 63% jump in fourth-quarter net profit

America Movil , the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period […]
February 12, 2020

Google takes on EU in court over record antitrust fines

Google will on Wednesday seek to overturn the first of three hefty European Union antitrust fines at Europe’s second-highest court in a landmark case that could […]
February 11, 2020

Lyft forecasts slower growth in 2020, leaves target profit date unchanged

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a […]
February 11, 2020

U.S. FAA agrees it must boost safety oversight for Southwest Airlines

The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used […]
February 11, 2020

Samsung unveils compact foldable phone, 5G Galaxy S to fend off Apple, Huawei

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship […]
February 11, 2020

Exclusive: FAA agrees with inspector general recommendations to improve Southwest oversight

The Federal Aviation Administration says it agrees with recommendations made by the U.S. Transportation Department’s Inspector General that faulted its oversight of Southwest Airlines Co , […]
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