Russia to cut share of U.S. dollar in National Wealth Fund, mulls other currencies
Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese...
Takeaway CEO has no plans to raise $5.5 billion Just Eat bid
Takeaway.com Chief Executive Jitse Groen said on Wednesday he did not intend to increase a 4.3 billion pound ($5.5 billion) offer for Britain’s Just Eat...
European shares knocked off four-year highs by Trump speech
European shares fell on Wednesday from four-year highs after U.S. President Donald Trump threatened to “substantially” increase tariffs if China failed to agree a trade...
Unilever appoints Andersen as new chairman, replacing Marijn Dekkers
Unilever on Wednesday named non-executive director Nils Andersen as its new chairman, appointing an executive with deep experience across consumer goods and logistics industries to...
Airbus frontrunner to win big Air Arabia order: sources
Airbus is likely to win an order for at least 100 jets from Air Arabia , with an announcement possibly as soon as the Dubai...
Takeaway CEO says he does not plan to improve bid for Just Eat
Takeaway.com NV CEO Jitse Groen said on Wednesday he does not plan to improve his company’s 4.3 billion pound ($5.50 billion) all-share bid to buy...
German military refuses to take delivery of two Airbus A400M planes
Germany’s air force said on Wednesday it had decided not to accept delivery of two Airbus A400M planes, citing recurring technical problems with the military...
Alibaba poised to launch record-breaking $15 billion HK share sale: sources
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $15 billion as soon as Thursday,...
Indonesia waiting on major global aviation regulators for return of 737 MAX: official
Indonesia will not approve the return of the Boeing Co 737 MAX to its skies until after aviation regulators in the United States, Europe, Brazil,...
Asian stocks hit by trade confusion and HK unrest
Asian stocks and Wall Street futures fell on Wednesday, as confusing signals over the extent of progress made in U.S.-China trade talks and concern about...