Oil prices rise over 1 percent, but economic worries loom
Oil prices rose on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, after three days of losses due to...
WeWork adds woman to its board after backlash ahead of IPO
WeWork owner, The We Company, said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a $5.9 million...
American Eagle misses quarterly same-store sales estimates
American Eagle Outfitters Inc reported quarterly same-store sales that fell short of Wall Street estimates on Wednesday, hit by weak sales of its seasonal clothing...
Malaysia defends move to extend license for rare earth firm Lynas
Malaysia’s government said on Wednesday its decision last month to extend a license for Australia’s Lynas Corp for processing rare earth minerals aimed to show...
Stock futures higher as robust Chinese data eases growth worries
U.S. stock index futures rose on Wednesday after encouraging data from China allayed concerns of slowing global growth in the backdrop of an ongoing trade...
Emirates’ Clark says won’t take new planes unless engines are truly ready
Emirates President Tim Clark said engine makers Rolls-Royce and GE must improve their reliability, saying the airline would not take new Airbus and Boeing planes...
Cathay Chairman Slosar resigns weeks after CEO left, deepening reshuffle
Hong Kong’s Cathay Pacific Airways shook up its top ranks further as Chairman John Slosar resigned on Wednesday, less than three weeks after mounting Chinese...
WeWork adds woman to its board ahead of IPO after backlash
WeWork owner The We Company said on Wednesday it will add a woman to its board of directors and unwound a $5.9 million payment to...
Oil prices rise, but economic worries loom
Oil prices rose on Wednesday, boosted by a wider market pickup on positive news from China’s services sector, after three days of losses on lingering...
Share index relegation a sign of the times for once mighty M&S
Marks & Spencer chairman Archie Norman has said he is unperturbed by the British retailer’s share price slide, with his focus on the long term,...