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Philippine Airlines Orders Seven Planes for $235 Million

Philippine Airlines will buy seven planes from Canada's Bombardier as part of an effort to regain its dominance of the growing air travel market, the carrier said Tuesday.

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China Freezes Bank Accounts of over 100 Myanmar Traders

Chinese banks have frozen the accounts of more than 100 commodities traders in northeast Myanmar in a bid to clamp down on smuggling and illegal gambling, state media reported Tuesday.

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Ex-Barclays CEO Charged with Fraud over Qatar Funding

Britain's Serious Fraud Office said Tuesday it had charged Barclays bank and four former managers, including a chief executive, with "conspiracy to commit fraud" linked to emergency fundraising from Qatar during the financial crisis.

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UK Economy Faces Slowdown on Political turmoil, Brexit

Britain's economy will slow in the coming years, the CBI business lobby warned Tuesday, blaming domestic political turmoil -- and the impact of Brexit one day after EU divorce talks began.

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Boeing Announces Latest Plane at Paris Air Show

Boeing announced Monday what it claims will be the most efficient jet yet in the highly competitive civil aviation market as it tries to claw back market share from rival Airbus.

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World Markets Extend Gains at Start of the Week

European stock markets rose on Monday as traders reacted to a strong victory for President Emmanuel Macron's centrist party in French parliamentary elections, as Britain begins formal Brexit talks.

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Israel Begins to Reduce Electricity Supplies to Gaza

Israel on Monday began reducing its electricity supplies to the two million Palestinians in the Gaza Strip already suffering from insufficient flow, electricity authorities on both sides said.

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Boeing, Airbus to Battle It Out at Paris Air Show

The aircraft industry descends on Paris for the world's biggest airshow Monday, which sees bitter rivals Boeing and Airbus battle for contracts as newcomers snap at the heels of the two giants.

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In New Hotels, an Immigrant Business Helps Sell Trump Nostalgia

Dinesh Chawla is a key part of the latest venture for the Trump hospitality brand.

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Big Issues Loom over Brexit Talks

Britain and the EU begin tough Brexit talks on Monday, trying to complete one of the most complex negotiations in history in less than two years.

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