Cathay Pacific to allocate half of A321neo order to budget carrier
Hong Kong’s Cathay Pacific Airways Ltd said on Friday it would allocate half of its order for 32 Airbus SE A321neos to its recently-acquired low-cost carrier HK Express as it looks to grow in the budget market.
Fiat Chrysler chairman says ‘great opportunities’ from Peugeot tie up
Italian carmaker Fiat Chrysler will be able to “seize great opportunities” from a merger with Peugeot owner PSA , its chairman John Elkann said on Friday.
Exclusive: Boon for Hong Kong as Alibaba’s eyes $15 billion late November listing – sources
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests.
U.S.-China trade war keeps markets on their toes
Uncertainty about the fate of the trade negotiations between the United States and China kept markets on their toes on Friday, with European stocks benchmarks mimicking their Asian peers and retreating from the previous session’s highs.
GE unit orders 25 Airbus jets including 12 Rolls-powered A330neo: sources
Leasing giant GECAS, the aircraft leasing subsidiary of General Electric , has ordered 25 Airbus aircraft including a rare purchase of jets powered by GE’s rival engine maker Rolls-Royce, two people familiar with the matter said.
Exclusive: Alibaba planning launch of $15 billion HK listing for last week of November – sources
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, two people with direct knowledge of the matter told Reuters.
Japanese companies likely to spurn Saudi Aramco IPO: JXTG president
Japanese companies are unlikely to invest in Saudi Aramco’s blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world’s biggest oil company, the head of Japan’s largest refiner said on Friday.
With discounts galore and Taylor Swift, Alibaba eyes another record Singles’ Day
Alibaba Group will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance by American popstar Taylor Swift to top it all, as it pushes to rake in another record Singles’ Day sales.
New PSA-Fiat Chrysler management to try to improve cost savings: PSA CEO
The value of the cost savings announced in the planned merger between Peugeot owner PSA and Fiat Chrysler is nominal and management will target improvements over time, PSA’s chief executive told French BFM Business radio on Friday.
Asian shares ease from six-month highs on U.S.-China trade angst
Asian stocks retreated from six-month highs on Friday as conflicting signals from China and the United States on progress made in trade talks deflated market hopes of a near term truce to end their damaging tariff war.
