Lufthansa only interested in ‘restructured’ Alitalia: CEO
German airline Lufthansa is only interested in investing in struggling Italian airline Alitalia [CAITLA.UL], which is running out of cash and racing to find new funds, once it has been restructured, its chief executive said on Thursday.
China considers removal of U.S. poultry import restrictions: Xinhua
China is considering the removal of restrictions on poultry imports from the United States, state-owned Xinhua News Agency reported on Thursday.
Dubai airport passenger traffic falls 2.4% in third quarter
Dubai International, the world’s busiest airport for international travelers, reported a 2.4% fall in third-quarter passenger traffic on Thursday.
Delayed U.S. soybean cargo booked under waiver offloads, worries linger
A cargo of American soybeans booked in the hope it would be exempt from tariffs has been offloaded in China after about a one-week delay due to a dispute between the buyer and customs officials over duty payments, said two sources briefed on the matter…
Toyota announces $1.8 billion share buyback after strong second-quarter
Toyota Motor Corp plans a $1.8 billion share buyback, Japan’s biggest automaker said on Thursday, after beating quarterly forecasts on higher global vehicle sales and an improved performance in North America.
Oil rebounds to $62 on hopes for U.S.-China trade deal
Oil rose above $62 a barrel on Thursday after China hinted at progress toward a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and fuel demand.
LafargeHolcim says takes note of French court decision on Syria
LafargeHolcim has taken note of a French appeal court decision to drop the charge of complicity in crimes against humanity brought against Lafarge SA over its operations in Syria, the Swiss cement maker said on Thursday.
Ford may consider making branded pickups in China if cities open more
Ford Motor Co will consider building Ford-branded pickup trucks in China if restrictions on driving pickups in cities are relaxed and it could also roll out customized models at that time, a senior company official said.
U.S.-China trade deal hopes restart stocks rally
Europe’s share markets hit a more than four-year peak and bond yields shifted higher on Thursday, as Beijing signaled a “phase 1” trade deal with the United States was close to being sealed.
Power struggle escalates at German railways: sources
A power struggle has escalated at Germany’s Deutsche Bahn [DBN.UL], with the position of finance chief Alexander Doll at risk, company sources said ahead of a special meeting of the supervisory board of the railway company on Thursday.
