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...
U.S. judge drops some charges against Theranos’s Holmes, leaves wire fraud
A federal judge late on Tuesday dismissed some charges against Theranos Inc founder Elizabeth Holmes, but let stand wire fraud charges accusing her and an...
China’s GDP goal on track despite virus impact: government economist
China will be able to achieve its long-term goal of doubling gross domestic product and incomes this year despite the impact from a conoravirus outbreak,...
Oil jumps as slowdown in new China coronavirus cases eases fuel demand concerns
Oil prices climbed on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand...
Rolls-Royce ‘open-minded’ on new Boeing mid-market jet study: executive
Rolls-Royce is “open-minded” on whether it will join Boeing in a fresh attempt at addressing the midsize jet market after pulling out of an earlier...
Samsung unveils compact foldable phone, 5G Galaxy S20 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...
America Movil’s fourth-quarter net profit jumps, but revenue flat on stronger peso
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...
Boeing executive says tough to see air cargo growth this year due to virus
The air cargo market is unlikely to grow this year because of the challenges posed in the China market due to the coronavirus, a senior...
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...
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...