China shares hit one-month high on stimulus hopes, bonds tire
Shanghai shares led Asia higher on Tuesday as China touted fiscal action to support the world’s second largest economy, while stellar results from internet giant Alphabet underpinned the tech sector generally.
BMW manager Duesmann to become new Audi CEO: Handelsblatt
Volkswagen has hired BMW purchasing director Markus Duesmann to fill the post of Audi chief executive, German daily Handelsblatt reported on Tuesday.
Global airfares, hotel rates to rise in 2019: industry forecast
A strong global economy and rising oil prices are expected to push up the cost of air travel in 2019, with fares seen rising 2.6 percent and hotel rates up 3.7 percent, although there are downside risks from a trade war, according to an industry foreca…
Malaysia Airlines taps lenders for first jet financing since restructuring: sources
Malaysia Airlines Bhd is tapping banks to fund about nine Boeing 737 MAX planes in what will be the carrier’s first jet financing with lenders since it was restructured more than three years ago, sources familiar with the situation said.
Malaysia Airlines taps lenders for first jet financing since restructuring
Malaysia Airlines Bhd is tapping banks to fund about nine Boeing 737 MAX planes in what will be the carrier’s first jet financing with lenders since it was restructured more than three years ago, sources familiar with the situation said.
Bonds fear fading stimulus, China shares at one-month top
Global bond markets were tense on Tuesday amid talk of central bank tightening and the risk of a robust reading on U.S. economic growth later in the week, though stellar results from internet giant Alphabet supported tech stocks in Asia.
Global bonds unsettled by tightening talk, U.S. growth outlook
Global bond markets were under strain on Tuesday amid talk of central bank tightening and the risk of a robust reading on U.S. economic growth later in the week, though stellar results from Alphabet could support tech stocks in Asia.
Alphabet trounces profit estimates as Google reins in costs
Alphabet Inc on Monday reported that expenses from its Google search business grew more slowly in the second quarter while revenue rose more steeply than analysts had anticipated, boosting profit above Wall Street targets and pushing shares up 3.6 perc…
Alphabet trounces profit estimates as costs come into check
Alphabet Inc on Monday reported expenses from its Google search business were growing more slowly and that revenue from advertising and cloud computing rose faster than analysts anticipated, boosting its earnings beyond Wall Street targets and pushing…
Cost to insure Tesla’s debt rises on growing default fears
(This version of the July 23 story corrects unit of upfront price in the final paragraph to “points” rather than “basis points”.)
