Lufthansa, Germany’s biggest airline, said Monday it will cancel most of its flights later this week due to a pilots’ strike.
British pharmaceutical giant GlaxoSmithKline on Monday announced a five-year investment programme for sub-Saharan Africa to fuel the company’s growth and to serve an area with “pressing health needs”.
FRANKFURT, April 1: (Reuters) – Some of the yield-hungry investors pouring money into the financing of aeroplanes are likely to make losses, as they have pushed interest rates down to levels that sometimes do not…
Bloomberry Resorts Corp hopes to recreate the magic of Singapore’s Marina Bay Sands with the expansion of its $1.2 billion Solaire casino.
U.S stock investors will take their cues this week from March jobs data and diplomacy to defuse East-West tensions over Russia’s annexation of Ukraine’s Crimea region.
8211; In forcing automaker Maruti Suzuki India Ltd to backtrack on a controversial production deal with its Japanese parent, a group of Indian fund managers scored a rare win that heralds…
8211; The dollar’s share of central bank reserves may fall by as much as 10-15 percentage points incoming years without threatening its role as the world’s main reserve currency, a senior…
Russia’s Lukoil began commercial production from one of the world’s largest untapped oilfields in Iraq on Saturday, as the country raises output to record levels.
U.S lawmakers overwhelmingly approved aid to Ukraine and sanctions on Russia, but the measure will not become law until at least next week, congressional aides said.
8211; West African leaders failed to agree to open their economies to free trade with the European Union at a summit on Saturday after regional heavyweight Nigeria voiced concerns, endangering a…
General Motors recalled nearly 1.5 million vehicles on Friday including for possible problems with ignitions blamed for 12 deaths.
Taiwan tech giant Hon Hai Precision, the world’s largest contract manufacturer for electronics, saw its net profit rise 12.7 percent on-year in 2013, bolstered by demand for Apple’s new products.
China Southern Airlines, the country’s biggest airline by fleet size, said net profit for 2013 fell more than 20 percent, the latest Chinese carrier to be hit by a weak economy and stiff competition.
Investors are pumping millions of dollars into encryption as unease about data security drives a rising need for ways to keep unwanted eyes away from personal and corporate information.
Europe’s main stock markets pulled back on Thursday as the US increased the pressure on Russia over Ukraine and traders took profits following a recent rally.
German Economy Minister Sigmar Gabriel has warned the EU Commission in Brussels that Berlin may withhold its approval of landmark EU-US trade talks over a contentious arbitration mechanism.
US pending home sales continued to sag in February, declining for the eighth straight month amid higher prices and higher mortgage rates, the National Association of Realtors said Thursday.
Sales of traditional computers will lose more ground in 2014 to tablets and other mobile devices, a market tracker said Thursday.
Australian shares are set to open lower on Thursday, following losses on Wall Street as investors fretted about tougher sanctions being implemented on Russia, while a dip in copper and gold prices may hurt resource stocks.