Business
Latest stories
Boeing Lands Huge British Airways Order, after Airbus Ends A380

British Airways announced a multi-billion dollar order for up to 42 Boeing 777 fuel-efficient passenger jets on Thursday, just two weeks after Airbus said it would no longer make its A380 superjumbo.

W140 Full Story
Markets Mostly Drop on Kim-Trump Summit Failure

World stock markets mostly sank Thursday as a summit between Donald Trump and Kim Jong Un ended abruptly without an agreement.

W140 Full Story
Ex-Nissan Chief Carlos Ghosn Makes Fresh Bail Request

Lawyers for former Nissan chief Carlos Ghosn on Thursday filed a fresh bail request for the auto titan after more than three months of detention, the Tokyo District Court said.

W140 Full Story
World's Largest Sovereign Wealth Fund loses $57 bn

Norway's sovereign wealth fund, the world's biggest, suffered a loss of 485 billion kroner (50 billion euros, $57 billion) last year, the country's central bank said Wednesday.

The bank, which runs the fund, blamed the 6.1 percent drop -- its second worst yearly result ever -- on volatile stock markets. 

W140 Full Story
Saudi Defiant on Oil Cuts after Trump Tells OPEC to 'Relax'

The Saudi energy minister said Wednesday he is leaning towards extending oil production cuts in the second half of 2019, despite US President Donald Trump's demand to keep prices down.

W140 Full Story
Vietnamese Carriers Sign $21 bn in Aviation Deals with U.S. Firms

Vietnamese carriers signed aviation deals with US firms worth $21 billion on Wednesday as President Donald Trump met with top business leaders in Hanoi ahead of his summit with North Korea's Kim Jong Un.

W140 Full Story
Bank of England Prepares Cash Access Boost before Brexit

The Bank of England on Tuesday said it was preparing to give lenders greater access to cash borrowing in its latest move to help bring financial stability ahead of Brexit.

"The Bank will increase the frequency of existing market-wide sterling (cash loans)... from monthly to weekly over the weeks surrounding the planned EU withdrawal date," the BoE said in a statement.

W140 Full Story
Oil Slides as Trump Tells OPEC to 'Relax'

The price of oil sank Monday after U.S. President Donald Trump urged the OPEC crude producers' cartel to help cut "high" prices and aid the "fragile" world economy.

W140 Full Story
Trump Says He Sees 'Signing Summit' with China on Trade

U.S. President Donald Trump said Monday he expects a "signing summit" with China on trade, with negotiators "very, very close" to a deal.

W140 Full Story
Uzbekistan Launches Six-Figure Banknote to Ease Shopping

Uzbekistan on Monday issued a new high-denomination banknote, saying it would facilitate big consumer purchases in a country that still shops mostly with cash.

W140 Full Story