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Search Result for “transport”

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BUSINESS

Stocks enjoy further gains as virus restrictions are eased

AFP, Published on 06/05/2020

» HONG KONG: Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and as countries begin to slowly open up from lockdown.

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BUSINESS

Warren Buffett: 'American magic' will spur US economic recovery

AFP, Published on 03/05/2020

» WASHINGTON: Billionaire investor Warren Buffet said Saturday he's confident the US economy will bounce back from its pummeling by the coronavirus pandemic because "American magic has always prevailed."

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BUSINESS

Irish airline Ryanair cuts up to 3,000 jobs over virus

AFP, Published on 01/05/2020

» LONDON: Irish low-cost carrier Ryanair said on Friday it planned to axe 3,000 pilot and cabin crew jobs, or 15% of staff, with air transport paralysed by coronavirus.

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BUSINESS

HSBC profits halved as virus batters global economy

AFP, Published on 28/04/2020

» HONG KONG - HSBC on Tuesday said first quarter pre-tax profits almost halved as the banking giant was battered by the global coronavirus pandemic while it embarked on a major restructuring.

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BUSINESS

Boeing scraps $4.2bn deal to buy Embraer commercial division

AFP, Published on 26/04/2020

» NEW YORK - Boeing announced Saturday it was pulling out of a $4.2 billion deal to acquire the commercial plane division of its Brazilian rival Embraer, the latest in a string of setbacks for the troubled US aviation giant.

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BUSINESS

Robots ride to rescue as delivery risks rise

AFP, Published on 16/04/2020

» WASHINGTON: What looks like a rolling picnic cooler stops at the crosswalk, waits for a car to pass and then navigates its way at a leisurely pace down the sidewalk in suburban Washington.

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BUSINESS

Oil rockets as Trump signals end to price war

AFP, Published on 02/04/2020

» LONDON: Oil prices rocketed Thursday after US President Donald Trump said Russia and Saudi Arabia planned to end their price war by slashing output.

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BUSINESS

EU and UK begin talks on post-Brexit relationship

AFP, Published on 02/03/2020

» BRUSSELS: With Brexit "done" as far as London is concerned, UK and EU negotiators on Monday begin talks aimed at forging a future relationship -- while brandishing red lines that may yet prove to be irreconcilable.

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BUSINESS

Gulf bourses dive as coronavirus hits oil price

AFP, Published on 02/03/2020

» DUBAI: Stock markets in the oil-rich Gulf states plunged Sunday over fears about the impact of the coronavirus which also battered global bourses last week.

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BUSINESS

Russia cements role as gas 'kingpin' with 3 new pipelines

AFP, Published on 02/12/2019

» MOSCOW: Russian President Vladimir Putin and Chinese leader Xi Jinping launch Monday a gas pipeline that is the first of three ambitious projects intended to cement Moscow's role as top gas exporter.