LONDON: European stock prices rallied on Wednesday (Jun 3) as the EU finally reached agreement on a number of key appointments, including IMF chief Christine Lagarde as the first female head of the European Central Bank. Frankfurt's blue-chip DAX 30, London's FTSE and the CAC 40 in Paris were all...
Canada's Canopy Growth Corp fired founder and co-Chief Executive Officer Bruce Linton, a surprise move that comes just a week after the weed producer's largest shareholder expressed disappointment over its loss-making streak.
SEATTLE: Boeing Co on Wednesday promised US$100 million to help families affected by the deadly crashes of the company's 737 MAX planes in Indonesia and Ethiopia. The multiyear payout is independent of lawsuits filed by families of the 346 people killed in the two crashes, which happened in ......
WASHINGTON: US President Donald Trump on Wednesday (Jun 3) accused China and Europe of deliberately weakening their currencies and stimulating their economies to gain competitive advantages over the United States. Trump's latest Twitter outburst came as the Commerce Department reported that the US ...
SEATTLE: Boeing Co on Wednesday (Jun 3) said it would give US$100 million to organisations to help families affected by the deadly crashes of the company's 737 MAX planes in Indonesia and Ethiopia. The multiyear payout is independent of lawsuits filed in the wake of the crashes, which together...
Deutsche Bank expects the cost of a major overhaul in the works to be up to 5 billion euros (US$3.4-US$5.6 billion), one person familiar with the matter said on Wednesday.
Facebook Inc said on Wednesday it is working to resolve issues faced by some users while sending media files on its social media platforms including WhatsApp and Instagram.
SINGAPORE: Singapore's CapitaLand will combine Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust (A-HTRUST) to form the largest hospitality trust in the Asia-Pacific region, it was announced on Wednesday (Jul 3). The proposed combination will result in the combined entity ...
U.S. stock index futures edged higher on Wednesday, as benchmark bond yields tumbled on fears of a global recession and expectations of interest rate cuts by central banks.
The U.S. trade deficit jumped to a five-month high in May as imports of goods increased, likely as businesses restocked ahead of an increase in tariffs on Chinese merchandise, overshadowing a broad rise in exports.
