February 5, 2020

Trump touts stock market’s record run, but who benefits?

Donald Trump loves to trumpet the hot U.S. stock market as a key achievement of his presidency, and he was in full self-congratulatory mode on that […]
February 5, 2020

Siemens hit by industrial slowdown and energy problems

German engineering company Siemens , hit by a global slowdown in power and gas and among industrial customers, said on Wednesday it missed forecasts for first-quarter […]
February 5, 2020

Qatar Airways in talks to buy 49% RwandAir stake, interested in increasing LATAM investment

Qatar Airways is in talks to buy a 49% stake in Africa’s RwandAir, and is interested in doubling its holding in LATAM Airlines Group to 20%, […]
February 5, 2020

Vodafone to remove Huawei from core of European network

Vodafone will remove Huawei technology from the core of its European networks following Britain’s decision to restrict the Chinese company’s role in 5G and new EU […]
February 5, 2020

Airline industry healthy enough to absorb significant downturn in China’s economy: IAG CEO

The airline industry is “without question” healthy enough to absorb a significant downturn in China’s economy, said Willie Walsh, chief executive of International Airlines Group, which […]
February 5, 2020

IAG CEO says coronavirus impact on air travel demand will be marginal

The chief executive of International Airlines Group (IAG) said he believes the overall impact of coronavirus on global air travel demand will be marginal. Powered by […]
February 5, 2020

Qatar Airways in talks for a 49% stake in RwandAir: CEO

Qatar Airways is in talks to acquire a 49% stake in RwandAir, its chief executive said on Wednesday. Powered by WPeMatico
February 5, 2020

Imperial Brands sees regulatory uncertainty to hit earnings

Tobacco group Imperial Brands on Wednesday forecast a 10% drop in its first-half profit and cautioned on full-year earnings because of a U.S. regulatory ban on […]
February 5, 2020

Asia stocks rise, oil rebounds but China virus toll mounts

Asian stocks steadied on Wednesday as Chinese shares moved higher on hopes of additional stimulus to cushion the economic blow from a coronavirus outbreak, but risks […]
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