World stocks jump to 3-month high as recovery hopes outweigh looming risks
Global shares vaulted to a near three-month high on Wednesday as hopes of more stimulus and further easing in social restrictions around the world outweighed...
Shell looks to raise $2 billion from sale of stake in Queensland LNG facilities
Royal Dutch Shell is looking to looking to raise more than $2 billion from the sale of a 26.25% stake in the common facilities at...
Oil gains, with Brent above $40, as hopes rise for output cuts, recovery
Oil rose on Wednesday, with Brent above $40 for the first time since March, as optimism mounted that major producers will extend output cuts and...
TUI strikes compensation deal with Boeing, delays 737 MAX orders
TUI Group , Europe’s biggest travel company, said it had struck a deal with aircraft maker Boeing for compensation and slower delivery of the 737...
Germany’s Lufthansa posts first-quarter net loss of 2.1 billion euros
German airline Lufthansa posted a net loss of 2.1 billion euros ($2.35 billion) in the first quarter, writing down the value of assets as the...
Germany’s Lufthansa post first-quarter net loss of 2.1 billion euros
German airline Lufthansa posted a net loss of 2.1 billion euros ($2.35 billion) in the first quarter, writing down the value of assets as the...
BlackRock focuses on China credit, oil and travel in Asia
The world’s biggest asset manager, BlackRock Inc , called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its...
As Asia’s tropical storm season arrives, grounded airplanes at risk of damage
Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm season begins, as hundreds of...
Brent oil rises to $40 amid hopes for output cuts, recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts and...
Asian stocks jump to 3-month high as recovery hopes outweigh looming risks
Asian shares vaulted to a near three-month high on Wednesday as hopes of more stimulus and further easing in social restrictions around the world outweighed...