Lufthansa braces for more challenges after price war hits earnings
German airline Lufthansa said it was braced for very tough price competition with Ryanair and easyJet for at least the rest of this year as...
Huawei’s first-half revenue growth accelerates despite U.S. sanctions
China’s Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% – faster than a year ago – despite an...
SoftBank to pump second Vision Fund with proceeds from the first -source
SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source...
U.S. rapper A$AP Rocky pleads not guilty in Stockholm assault case
U.S. rapper A$AP Rocky pleaded not guilty on Tuesday to a charge of assault on the first day of a trial in Sweden that has...
Climate activist Thunberg to sail to U.N. summit in New York from Britain
Swedish teenage activist Greta Thunberg will sail to the United Nations climate summit in New York from Britain....
UK PM Johnson’s no-deal Brexit gamble hammers sterling
The British pound tumbled on Tuesday as investors bet Prime Minister Boris Johnson’s Brexit brinkmanship with the European Union could trigger a messy divorce that...
BP profit outstrips forecasts, lifted by higher oil output
A strong increase in oil and gas production helped BP offset weaker crude prices and refining profit to beat second quarter profit expectations on Tuesday,...
BP has no plans to take its tankers through Hormuz
BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of...
Sudan military rulers say El-Obeid killings unacceptable, demand accountability
The head of Sudan’s ruling military council said on Tuesday there must be immediate accountability over an incident in which at least four school children...
China’s Shandong province says fall armyworm a ‘major threat’ to autumn crop output
Agriculture officials in northern China’s Shandong province warned on Tuesday that an infestation of the fall armyworm pest will spread further in the key corn-producing...
