Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.
With Asia’s largest market ground to a halt, the first half of the year can be written-off for many of the region’s carriers, says Brendan Sobie.
Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.
BMW will increase its capacities for producing drivetrain components for electric cars at its key Dingolfing plant, a spokesman for the luxury automaker told Reuters on Thursday.
Japan's Mitsubishi Heavy Industries said on Thursday it will book a 496.4 billion yen (US$4.5 billion) special loss after its aircraft unit delayed the delivery of its SpaceJet regional jet for at least another year until after March 2021.
India's central bank kept interest rates on hold Thursday due to soaring inflation, even as the government's annual budget announcement last week raised little hope of an economic revival.
Japan's Nintendo Co Ltd said on Thursday delays to production and shipping of its Switch console and peripherals like the Joy-Con controllers to the Japan market due to the coronavirus epidemic were "unavoidable".
Norwegian Air cut its capacity by a bigger-than-expected 29per cent in January from a year earlier, removing unprofitable routes while boosting its income from remaining flights, its traffic data showed on Wednesday.
French energy major Total said on Thursday that its net adjusted profit for the fourth quarter of 2019 was steady at US$3.2 billion compared with the same period a year ago, supported by strong cash flow, despite low oil prices.
Sanofi on Thursday said it was expecting earnings per share to grow around 5 percent at constant exchange rates in 2020, weeks after pledging to focus on vaccines and key treatments like its eczema medicine Dupixent until 2022.
