U.S. extends temporary general license for Huawei
The U.S. Department of Commerce on Friday announced that it was extending the Temporary General License that allows certain transactions with Huawei Technologies Co Ltd...
Ryanair cuts more than 250 office staff across Europe
Ryanair has cut more than 250 staff in offices in Dublin, London, Madrid and Wroclaw, Poland, Europe’s largest low-cost airline said on Friday....
U.S. food aid program launches with companies scrambling to deliver
Texas-based CRE8AD8 LLC bid for a federal government contract to quickly rescue food from struggling farmers and deliver it to U.S. food banks as fallout...
Fincantieri says cooperation with Thyssenkrupp chance to talk about consolidation
Cooperation between Fincantieri and Thyssenkrupp to build submarines is a good opportunity to talk about future consolidation in the European defence sector, the Italian shipbuilder’s...
Check-up after check-in: Accor bets on online medicine for hotel rebound
France’s Accor , which runs hotels such as Ibis and Movenpick, said on Friday it would offer its clients free access to online medical consultations...
Swedish central bank to use Blackrock for corporate bond market analysis
Sweden’s central bank will engage BlackRock’s Financial Markets Advisory for analysis work on the Swedish corporate bonds market, it said in a statement on Friday....
World stocks win a respite, oil prices jump over 3%
World stocks rose on Friday and oil prices jumped more than 3%, taking the sting out of a week that has seen sentiment hit as...
Asia shares down on week as U.S.-China tensions rattle sentiment
Asian stocks edged up on Friday but were on course to end the week lower as deteriorating U.S.-China relations add to uncertainties over how fast...
Cathay Pacific loses money, flags ‘very bleak’ outlook
Cathay Pacific Airways Ltd said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines during January-April and flagged...
Australia’s Westpac admits to breaches of money-laundering laws
Australia’s Westpac Banking Corp said in a defence filing in Federal Court on Friday it was admitting to a number of failures in a case...