AirAsia to sell tickets on other airlines as part of online push
Malaysian budget carrier AirAsia Group Bhd said on Friday it would sell flights on more than 100 other global airlines as part of a push to boost revenues.
South Africa’s SAA workers start strike that could cripple airline
South African Airways’ future is hanging in the balance after its workers went on strike on Friday to demand higher wages and protest planned job cuts, forcing the struggling state-owned carrier to cancel all flights.
Stocks cheered by trade deal hopes but caution prevails
Asian stocks jumped on Friday, lifted by White House comments that suggested the possibility of an imminent trade deal between Washington and Beijing, which revived hopes that their tariff war may be nearing an end.
U.S. defense chief rejects Amazon’s accusations of bias in cloud contract
U.S. Defense Secretary Mark Esper on Friday rejected any suggestion of bias in a Pentagon decision to award Microsoft Corp an up to $10 billion cloud computing contract, after Amazon.com Inc announced plans to challenge it.
Deere workers grapple with fallout from Trump’s trade war
Devin Spencer has been on edge ever since Deere & Co. laid off dozens of his colleagues at its Harvester Works plant in western Illinois due to dwindling demand for farm combines.
Hong Kong’s cash pool tightens as Alibaba primes for $13 billion listing
Alibaba Group’s $13.4 billion Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.
Explainer: Why is Alibaba listing in Hong Kong?
Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billion in what will be the largest deal in the city since 2010 and the world’s biggest ever cross-border secondary listing.
Highlights: Hong Kong paralyzed for fifth day, students guard campuses
Anti-government protesters paralyzed parts of Hong Kong for a fifth day on Friday, forcing schools to close and blocking some main roads, as university students barricaded campuses and authorities struggled to calm the violence.
Oil gains as hopes build for OPEC supply curbs; new optimism on U.S.-China trade deal
Oil prices rose on Friday as OPEC’s outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month.
Asian shares rise as Kudlow comments lift trade hopes
Asian stocks jumped on Friday, propelled by a record S&P 500 finish and White House comments suggesting Washington and Beijing were close to striking a trade deal, reviving hopes the tariff war may near an end.