Ryanair’s Lauda airline shuts down Vienna base
Ryanair’s Austrian carrier Lauda said on Friday it was closing down its Vienna base after failing to reach an agreement with unions on pay, and...
Take Five: Hong Kong takes center stage
China just concluded its closed-door annual meeting of parliament, the National People’s Congress (NPC), with top officials making clear that employment is the top priority....
Exclusive: Brazil’s Embraer draws foreign interest after Boeing rift – sources
Aircraft makers are circling Brazil’s Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said....
OPEC delivers three quarters of record oil cut in May: survey
OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a...
Futures tick lower on jitters over Trump’s China response
The S&P 500 and the Dow were set to open lower on Friday as investors braced for a U.S. response to China’s national security law...
Oil falls but remains set for biggest monthly gain in years
Oil prices were dragged sharply lower on Friday by weak U.S. fuel demand, fears of a second wave of coronavirus cases in South Korea and...
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot
Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed...
Stocks slip as investors await Trump’s Hong Kong response
Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening...
Wall Street Week Ahead: Investors eye consumer discretionary stocks as U.S. reopens
Investors are taking a closer look at the market’s consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of...
Danish state prosecutor drops investigation of Danske Bank auditor EY
Denmark’s state prosecutor has dropped its investigation into whether accountant EY breached anti-money laundering laws in connection with its audit of Danske Bank , the...