Lufthansa posts drop in second-quarter earnings on rising fuel costs and price wars
German airline Lufthansa on Tuesday posted a decline in second-quarter earnings, hurt by price competition on short-haul routes in Germany and Austria as well as...
As trade war bites, China’s factories set for third month of shrinking activity
Factory activity in China is expected to have contracted for the third month in a row in July, a Reuters poll showed, underlining the intensifying...
Oil prices rise amid expectations that U.S. Fed will cut rates
Oil prices rose for a fourth day on Tuesday on optimism the U.S. Federal Reserve will this week cut interest rates for the first time...
Huawei’s China smartphone market share jumps as rivals lose ground: Canalys
Huawei Technologies [HWT.UL] extended its lead in a declining China smartphone market in the second quarter, with its market share rising to 38% as all...
Asia stocks gain ahead of Fed, pound pressured by fresh Brexit pain
Asian stocks gained on Tuesday as equity investors prepared for an expected U.S. interest rate cut this week while the pound retreated to a 28-month...
Huawei market share rises to 38% as China smartphone market declines: Canalys
Huawei Technologies extended its lead in the declining China smartphone market in the second quarter, with its market share rising to 38% as all other...
Khazanah, Temasek to sell part of joint Singapore property for about $1.2 billion
A joint venture between Malaysia sovereign wealth fund Khazanah and Singapore state investor Temasek is selling the office and retail units of its DUO property...
Capital One says information of over 100 million individuals in U.S., Canada hacked
Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6...
Asia stocks higher ahead of Fed, pound pressured by fresh Brexit pain
Asian stocks edged up on Tuesday as equity investors prepared for an expected U.S. interest rate cut this week while heightened concerns in currency markets...
Aircraft lessor BOC Aviation expects delayed delivery of up to 30 jets
Aircraft lessor BOC Aviation Ltd said on Tuesday it expected up to 30 Boeing Co and Airbus SE jets that had been scheduled to arrive...