LONDON: The pound bounced briefly on Tuesday (Jul 23) before falling back after arch-Brexiteer Boris Johnson was announced as Britain's next prime minister. Johnson, who has vowed to take Britain out of the European Union on the Oct 31 deadline with or without a deal, defeated Jeremy Hunt in the ......
United Technologies Corp reported better-than-expected quarterly earnings and raised its full-year sales and profit forecasts on Tuesday, driven by an increase in demand for aircraft parts and spares.
U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, suggesting the housing market was struggling to regain speed since hitting a soft patch last year.
Good corporate governance is especially important in an adverse economic environment, said Finance and Deputy Prime Minister Heng Swee Keat during the Singapore Corporate Awards on Tuesday evening (Jul 23).
French carmaker Peugeot said it would be looking to take up the formal legal status of being a European company, which it said would better reflect the business and the integration of the Opel/Vauxhall businesses.
The European Union would retaliate with extra duties on 35 billion euros (US$39.1 billion) worth of U.S. goods if Washington went ahead with tariffs on EU cars, the bloc's trade chief said on Tuesday.
NEW YORK: Boeing could report its biggest loss ever on Wednesday (Jul 24), sagging under the weight of US$5.6 billion in costs so far due to the crisis surrounding the 737 MAX aircraft. The top-selling plane has been grounded worldwide since Mar 13 following a second devastating crash. The ...
Global trade tensions and continued uncertainty are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary Fund warned on Tuesday (Jul 23).
United Technologies Corp reported better-than-expected quarterly earnings and raised its full-year sales and profit forecasts on Tuesday, driven by an increase in demand for aircraft parts and spares.
Britain's incoming prime minister Boris Johnson has bet big on a risky Brexit strategy that he hopes will take the UK out of the EU on favourable terms.
