Asian shares rally, slow pace of China factory reopenings a worry
Asian share markets followed Wall Street higher on Tuesday as China’s factories struggled to re-open after an extended break, though analysts warned investors might be...
Australia investigator in Citi cartel case learned of concerns from rival agency
An Australian investigator who helped bring criminal cartel charges against Citigroup Inc and Deutsche Bank AG said he first heard concerns about a stock issue...
Geely to deepen ties with Volvo, plans to list under one umbrella
Geely Automobile and its sister company Volvo Cars are planning to merge and list in Hong Kong and possibly Stockholm, giving Volvo access to public...
Airbus unveils ‘blended wing body’ plane design after secret flight tests
Airbus on Tuesday unveiled a curvaceous aircraft design that blends wing and body, designed to slash carbon emissions by some 20%....
Oil gains 1% as short-sellers take profit; investors still wary over coronavirus
Oil prices rose more than 1% on Tuesday as recent sharp falls have encouraged investors holding short positions to book profits, but the market remains...
Asian shares bounce, China factories fight to re-start
Asian share markets followed Wall Street higher on Tuesday even as doubts grew about how quickly China’s factories could get back to work given that...
Chinese media firm cuts 500 workers in bid to survive coronavirus
Chinese firm Xinchao Media has laid off 500 people, or just over 10% of its workforce, saying it needed to resort to such measures to...
Lessor BBAM orders three 737-800 converted freighters from Boeing
Boeing Co said on Tuesday that lessor BBAM had ordered three 737-800 converted freighters to serve the growing e-commerce market and express sectors of the...
Pratt & Whitney says Korean Air orders its engines for up to 50 A321neos
Korean Air Lines Co Ltd has ordered Pratt & Whitney engines to power up to 50 Airbus SE A321neo jets for delivery from 2021, the...
Exclusive: Hundreds of Chinese businesses seek billions in loans to contend with coronavirus – sources
More than 300 Chinese companies are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the...