Markets

The number of Americans filing applications for unemployment benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength that could temper expectations of a sharp slowdown in economic growth.

Newly appointed Chief Executive Guillaume Faury imposed his mark on European planemaker Airbus with a simplified management structure and a manifesto for manufacturing reforms, as Airbus gears up for intensified competition with Boeing.

James Forese, president and chief executive officer of Citigroup Inc's institutional clients business, has decided to retire, according to an internal memo seen by Reuters.

A meeting of U.S. and Mexican government and business leaders on Thursday aims to shore up investor confidence in Mexico and defuse U.S. President Donald Trump's threats to close their shared border if illegal immigration is not halted.

Airline stocks helped European shares advance on Thursday after European Union leaders gave Britain another six months to leave the bloc, while sterling simply shrugged.

SINGAPORE: Struggling Indian carrier Jet Airways has halted flights to and from Singapore until further notice, Changi Airport said in a Facebook post on Thursday (April 11). "Passengers are advised to contact their booking agent or the airline directly (info@jetairways.com) for available options ...

Chevron Corp will put a focus on human rights in Myanmar under an agreement with an investor group that had urged it to pay more attention to violence in the Asian nation where the U.S. oil company has operations.

The U.S. Commerce Department said on Wednesday that is adding 37 Chinese companies and schools to a red-flag list of "unverified" entities that U.S. companies should treat with caution, according to a notice in the Federal Register.

Indivior Plc lost three-quarters of its stock market value on Wednesday and former parent Reckitt Benckiser also fell after the U.S. Justice Department accused the British drugmaker of illegally boosting prescriptions for its blockbuster opioid addiction treatment.

Italy's biggest lender UniCredit said it is among a group of banks accused of running a cartel in trading euro zone government bonds between 2007 and 2012, years when financial crises dragged down banks and several European countries.