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BUSINESS

Huawei says sales rose 18% in 2019 despite US pressure

Associated Press, Published on 31/12/2019

» BEIJING: Chinese telecom giant Huawei Technologies said Tuesday that its sales rose about 18% in 2019 despite US moves to restrict its business.

BUSINESS

Boeing has to 're-earn trust'

The Associated Press, Published on 16/11/2019

» DUBAI: A senior Boeing executive said on Saturday that the company knows it has to re-earn the public’s trust as it works to win approval from US regulators to get its grounded 737 Max jets flying again after crashes that killed 346 people.

BUSINESS

Burger King brings a plant-based Whopper to Europe

Associated Press, Published on 12/11/2019

» Burger King is introducing a plant-based burger in Europe. But it's not the Impossible Whopper that's been a hit with US customers.

BUSINESS

US job growth slow but steady

The Associated Press, Published on 04/10/2019

» WASHINGTON: US employers added a modest 136,000 jobs in September, slightly below forecasts but enough to help lower the unemployment rate to a new five-decade low of 3.5%.

BUSINESS

Thomas Cook in race to avoid collapse

Associated Press, Published on 21/09/2019

» LONDON: Thomas Cook, one of the world's oldest and largest travel companies, is facing a race against time to stay afloat and ensure that around 150,000 British holidaymakers travelling abroad can get home.

BUSINESS

Asian shares mostly up on optimism about US-China trade war

Associated Press, Published on 27/08/2019

» TOKYO: Asian shares mostly rose Tuesday as investors found reason to be cautiously optimistic again about the potential for progress in the costly trade war between the US and China.

BUSINESS

Asian shares tumble as US-China trade war renews uncertainty

Associated Press, Published on 26/08/2019

» TOKYO: Asian shares tumbled Monday after the latest escalation in the US-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next.

BUSINESS

China confirms new tariffs on US goods

The Associated Press, Published on 23/08/2019

» BEIJING: China on Friday announced tariff increased on $75 billion worth of US products in retaliation for President Donald Trump’s planned increase, deepening a trade war that threatens to tip the global economy into recession.

BUSINESS

Ford to cut 12,000 jobs in Europe

Associated Press, Published on 27/06/2019

» FRANKFURT: Ford Motor Co says it is shedding 12,000 jobs in Europe as it streamlines its operations in the region to increase profitability.

BUSINESS

Boeing 737 Max 8 woes crimp Asian airlines' growth plans

Associated Press, Published on 07/05/2019

» SINGAPORE: Asian airlines are cutting routes, revamping their schedules and leasing extra aircraft to fill gaps left by the grounding of Boeing 737 Max 8s after deadly crashes in Indonesia and Ethiopia killed 346 people.