Business
Latest stories
Asian Markets Extend Global Rally, Hong Kong Cracks 30,000 Mark

Hong Kong stocks broke the 30,000 mark for the first time in 10 years on Wednesday as Asian markets extended a global rally following another record close on Wall Street.

After retreating for most of this month, investors were back in buying mood this week on optimism about the world economy and earnings, while they remain upbeat that US lawmakers will eventually push through much-vaunted tax cuts.

W140 Full Story
Airbus Gets Certification for A350-1000

Airbus said Tuesday that its A350-1000 widebody aircraft had received certification from U.S. and European aviation authorities, clearing the way for its delivery and entry into service.

A longer version of the Airbus A350-900, the twin-engine plane can accommodate an extra 40 people, taking its total capacity to 366 people.

W140 Full Story
UK Entrepreneur Addresses Future of Social Enterprise in Lebanon

One of the UK’s leading social entrepreneurs, Peter Holbrook – CEO of Social Enterprise UK, is on a two day visit to Lebanon, his second to Beirut and the region, the British Embassy said on Monday.

Holbrook held a series of meetings with Lebanese Ministers of Finance and Economy & Trade, the Central Bank, the Chamber of Commerce, bankers and officials aiming to raise awareness of social enterprise and demonstrate how social enterprise makes a difference.

W140 Full Story
Apple Pay in First Deal with Major French Bank

Apple has reached its first agreement with a major French bank on Apple Pay, as Societe Generale said Monday it would offer its clients the chance to use the smartphone payment system.

W140 Full Story
EU Ready for 'Most Ambitious' Brexit Trade Pact

EU Brexit chief Michel Barnier said on Monday the bloc would give Britain its "most ambitious" trade deal -- but only if it meets the bloc's stringent Brexit conditions.

W140 Full Story
Booming Germany Can Weather Political Impasse -- For Now

Germany's robust economy can weather the immediate fallout from Chancellor Angela Merkel's failed coalition talks, experts said Monday, but warned that a lengthy political paralysis could delay much-needed reforms and jeopardize future growth.

W140 Full Story
Euro Sinks in Asia as Germany is Gripped by Uncertainty

The euro faced fresh pressure in Asian trade on Monday after German Chancellor Angela Merkel failed to form a government at the weekend, fuelling uncertainty in Europe's biggest economy.

W140 Full Story
EU Cuts Funding to Turkey in 2018 Budget

An EU 2018 budget deal was announced Saturday that cuts funds destined to Turkey, citing doubts about Ankara's commitment to democracy and human rights.

W140 Full Story
VW Says Will Invest over 34 Billion Euros in Cars of the Future by 2022

German automaker Volkswagen on Friday said it planned to invest more than 34 billion euros ($40 billion) over the next five years in new technologies to advance its push to become a global leader in electric cars.

W140 Full Story
Moody's Raises India Rating, Citing Reforms

Moody's on Friday upgraded India's credit rating for the first time in more than a decade, citing economic reforms introduced under Prime Minister Narendra Modi.

W140 Full Story