British pilots union calls on Ryanair for mediated talks as strikes loom
The British Airline Pilots Association (BALPA) called on Ryanair to meet for mediated talks to resolve a dispute on pay and benefits to avoid two...
J.C. Penney quarterly same-store sales fall short of expectations
J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Thursday, as the struggling department store operator stopped selling appliances and furniture...
Alibaba results beat estimates on cloud, e-commerce growth
China’s Alibaba Group Holding Ltd reported better- than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud computing businesses....
Walmart raises earnings forecast for year after jump in quarterly sales
U.S. retailer Walmart Inc on Thursday reported an estimate-beating jump in second-quarter U.S. comparable sales, and boosted its earnings forecast for the year....
China’s trade threats deal fresh blow to world stocks
China’s threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout...
China says it must take counter-measures to latest U.S. tariffs
China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday....
Oil deepens slide toward $58 on recession fears, U.S. supply
Oil fell 2% toward $58 a barrel on Thursday, extending the previous session’s 3% drop, pressured by mounting recession concerns and a surprise boost in...
Mastercard, Indonesia’s Artajasa to collaborate on payment gateway
Mastercard Inc said on Thursday it signed an agreement with Indonesian payment switching firm Artajasa Pembayaran Elektronis to make a foray into the Southeast Asian...
China says has to take counter-measures to latest U.S. tariffs
China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday....
Premium brews in Asia stoke Carlsberg’s half-year sales
Danish brewer Carlsberg posted a solid rise in half-year sales thanks to Asian markets, where consumers are trading up from mainstream beers to pricier premium...