BERLIN: Britain should be given a reasonable amount of time to work out its exit from the European Union, though the delay to Brexit could be longer than British Prime Minister Theresa May has requested, German Chancellor Angela Merkel said on Wednesday. The EU will grant May a second...
LONDON: World stocks inched up on Wednesday but were still below the six-month high they reached earlier this week as the prospect of the European Central Bank issuing fresh multi-year loans to banks helped offset concerns about U.S. President Donald Trump threatening more tariffs against the ...
REUTERS: Delta Air Lines Inc on Wednesday gave an upbeat profit forecast for the second quarter and reported a better-than-expected quarterly profit, boosted by a renewed agreement with credit-card issuer American Express and robust travel demand. Shares of the No.2 airline rose 3 percent as the ...
Russia's Investigative Committee has asked a court in Moscow to free detained U.S. investor Michael Calvey from custody at a court hearing later this week and to place him under house arrest, the court said on Wednesday.
Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc and Xerox Corp among the top performers since last December's sell-off that stirred fear of an end to a decade-long bull market.
Russia's Investigative Committee has asked a court in Moscow to free detained U.S. investor Michael Calvey from custody at a court hearing later this week and to place him under house arrest, the court said on Wednesday.
Chief executives of some of the largest U.S. banks will testify before Congress on Wednesday, giving lawmakers their first opportunity to grill the lenders since the 2007-2009 financial crisis.
NEW YORK: AT&T has internally discussed about selling its HBO Europe business as the telecom group aims to reduce a debt pile of US$170 billion, the Financial times reported, citing current and former senior executives. Comcast-owned Sky would be an "obvious buyer" given its relationship with HBO ...
SEOUL: SK Innovation is in talks to set up separate battery-making joint ventures with Volkswagen AG and Chinese partners, as the South Korean petrochemicals producer aggressively expands its involvement in electric vehicles (EVs). The company confirmed talks with Germany's Volkswagen for the ...
PARIS: European aerospace giant Airbus on Wednesday (Apr 10) welcomes new CEO Guillaume Faury, whose inbox includes Brexit, US President Donald Trump's trade threats and corruption investigations. The 51-year-old Frenchman takes over from Tom Enders, who is stepping down after five years leading ...
