Markets

: Bond investors expect an aggressive set of U.S. interest rate cuts this year, and a voluble president pines for the “old days” when his predecessors bullied central bankers to get their way.

Airbus and Boeing bagged a combined US$15 billion of plane deals on day two of the Paris Airshow, as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing's top-selling jet.

SINGAPORE: United Arab Emirates utility firm Utico has extended the deadline for entering into a binding agreement with Hyflux to Jun 27, the embattled water treatment company said on Tuesday (Jun 18). Utico, one of seven potential investors, had previously given Hyflux until Jun 17 to sign a ...

London Heathrow, the busiest airport in Europe, published its masterplan plan for expansion on Tuesday, including building a controversial third runway and new terminal facilities, at the start of a 12-week statutory consultation.

SAN FRANCISCO: Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money. The new digital currency will be overseen by a nonprofit association and backed with real assets to serve as a reliable, stable form of globally accepted ...

GAZA/JERUSALEM: A Qatari technical delegation held talks in Israel and the Gaza Strip this week about helping pay for a proposed new power line between them, officials on both sides said on Tuesday (Jun 18), marking a potential expansion of Doha's aid efforts for Palestinians. Qatar has in recent...

After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group a major supplier of plastics.

Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020.

Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.

Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.