Wall Street Week Ahead: Travel, leisure company reports set to give view of economy, consumer
A wide swath of the U.S. travel and leisure industry is set to provide insight next week on the state of the economy, including trends...
Why Brazil’s bid to lure low cost airlines may be doomed
Brazilian government officials this week tempted airline executives with a pitch: Latin America’s largest domestic aviation market is opening up and it badly needs more...
Analysts slam Shell over buyback delay warning
Analysts on Friday slammed Royal Dutch Shell’s warning of possible delays to its $25 billion share buyback as an unnecessary step that undermines the energy...
India orders IndiGo to replace all Pratt engines on Airbus A320neo planes
IndiGo must replace all Pratt & Whitney (P&W) engines on its fleet of 97 twin-engined Airbus A320neo family aircraft with new P&W power units, India’s...
Lookers bosses leave as car dealer sounds another profit alarm
British car dealership Lookers said on Friday its top boss and operations chief will step down immediately after weak sales led to a second profit...
AIG posts quarterly profit as catastrophe losses drop
Insurer American International Group Inc on Friday posted a profit in the third quarter, compared with a year-earlier loss when it recorded more than a...
Danske Bank tempers full-year profit expectations, unveils plan to control costs
Danske Bank shares fell more than 4% on Friday after the troubled lender said its annual profit would come in at the low end of...
Oil rises on Chinese factory data but set for weekly loss
Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors’ worries about...
Singapore’s Ascendas REIT to buy business parks from CapitaLand for $1.2 billion
Ascendas Real Estate Investment Trust said on Friday it is buying 30 business parks in the United States and Singapore for about S$1.66 billion ($1.22...
China, U.S. maintain close contact on trade issues: foreign ministry
China’s Foreign Ministry said on Friday China and the United States have maintained close contact on bilateral trade issues....