Business
Latest stories
Fuselage of New Boeing 777X Ruptured in Pressure Tests

The fuselage of one of Boeing's new 777X aircraft completely ruptured in pressure tests in September, a previously unreported major setback that could delay the arrival of the long-haul jet to global skies, AFP has learned from informed sources. 

W140 Full Story
Tax-Exempt Riches are Not a Right, Economist Says

An outright tax on wealth may seem out of style but two Democrats vying for the presidency in 2020, Elizabeth Warren and Bernie Sanders, say the United States should adopt one.

W140 Full Story
China, US to Continue Talks on 'Phase One' Trade Deal

Top US and Chinese negotiators held phone talks on Tuesday and agreed to keep in touch over "remaining issues" for a "phase one" trade deal between the two countries, Chinese state media said.

US President Donald Trump had announced last month that the two sides had reached an initial agreement, but the deal is yet to be finalised.

W140 Full Story
Emirates Slims Boeing Purchase Plans in Fleet Overhaul

Emirates Airline, the Middle East's biggest carrier, on Wednesday slimmed down its purchasing plans with Boeing, shortly after cutting orders with Airbus as tough conditions force a review of its fleet and ambitions.

W140 Full Story
Asia Markets Sink on Trade Fears as Congress Passes HK Rights Bill

Hong Kong led losses as Asian markets tanked on Thursday after US lawmakers passed a bill supporting the city's civil rights, sparking fears it could derail delicate China-US trade talks.

W140 Full Story
China Cuts New Benchmark Rate to Boost Economy

China on Wednesday cut interest rates in a bid to shore up the world's number two economy as cooling domestic demand and a bruising trade spat with the United States hit growth.

W140 Full Story
Trump Says China Tariffs Will Go 'Even Higher' without Deal

U.S. President Donald Trump on Tuesday warned that failure to get a trade deal with China will prompt more tariffs.

W140 Full Story
Airbus Wins Top Billing in Dubai Airshow Deals

With Boeing embroiled in the 737 MAX crisis, Airbus has emerged as the star of the Dubai Airshow, with two mammoth sales to Emirates and AirArabia bolstered by several smaller deals.

W140 Full Story
First German Bank Hits Small Savers with Negative Rates

A German bank has made headlines with a negative interest rate on savings accounts from the very first euro cent, adding fuel to the fire of European Central Bank criticism in the eurozone's largest economy.

W140 Full Story
Unnamed Buyer to Take 20 737 MAX Planes, Boeing Says

Boeing has reached a deal with an unnamed airline customer to sell 20 737 MAX planes for $2.3 billion, a Boeing spokesman said Tuesday.

W140 Full Story