Airlines adjusting hedges, fares, capacity, fleet as oil price jumps

Airlines are locking in fuel hedges, lowering capacity, raising fares and retiring older jets to cope with rising costs alongside the highest oil prices since 2014, industry executives say.
4 June 2018, 18:00 PM

Microsoft says buying GitHub for $7.5b

Microsoft on Monday said it will buy software development platform GitHub, in a deal worth $7.5 billion.
4 June 2018, 18:00 PM

Japan Airlines to expand budget carrier's fleet after 2020 launch

Japan Airlines Co Ltd hopes to expand the fleet of a new low-cost carrier by two jets a year after it launches in mid-2020, a director of the airline said on Monday, as it takes on rival ANA Holdings Inc's budget arm Peach.
4 June 2018, 18:00 PM

BHP process to unload US shale operations could take until 2019

The planned exit of BHP Billiton Ltd from its US shale business has drawn oil companies and private equity firms into a competition that may have no clear winner until late this year or early next year, according to people familiar with the negotiations.
4 June 2018, 18:00 PM

Vegetable prices jump in India as farmers go on strike

Vegetable prices jumped as much as 10 percent in major Indian cities, including Mumbai and Delhi, as a four-day old strike by millions of farmers curtailed supplies.
4 June 2018, 18:00 PM

China says door is open to talks with US on trade

China's door to talks is open in principle, the country's Foreign Ministry said on Monday, a day after Beijing warned that any trade and business deals reached with Washington would be void if the United States implemented tariffs.
4 June 2018, 18:00 PM

For RBI, it's a choice between a rate hike now and August

The Reserve Bank of India (RBI) is getting poised to raise interest rates for the first time since January 2014, analysts say - the question is whether this will happen on Wednesday or in August.
4 June 2018, 18:00 PM

Uber self-driving car failed to recognise pedestrian, brake: US agency

An Uber self-driving vehicle that struck and killed a woman in Arizona in March failed to identify the pedestrian or to brake, raising serious questions about its performance, the US National Transportation Safety Board said in a preliminary report released on Thursday.
24 May 2018, 18:00 PM

Deutsche Bank axes at least 7,000 jobs in trading retreat

Deutsche Bank is cutting more than 7,000 jobs to reduce costs and restore profitability while maintaining its international reach as its new chief executive seeks to reassure investors and clients.
24 May 2018, 18:00 PM

Facebook won't compensate data breach victims in Europe

Facebook is unlikely to compensate the 2.7 million European users whose data was improperly shared with political consultancy Cambridge Analytica because sensitive bank account data had not been shared, the company said on Wednesday.
24 May 2018, 18:00 PM

Toyota to ramp up hydrogen fuel cell vehicle sales

Toyota Motor Corp on Thursday said it plans to set up a facility to mass manufacture hydrogen fuel cell stacks, a key component of fuel
24 May 2018, 18:00 PM

Financial firms face new EU disclosure requirements on green investment

The European Commission proposed on Thursday new rules to force asset managers, insurers and pension funds to disclose how they take into account environmental risks in their investments and abide by clearer criteria when they claim “green” credentials.
24 May 2018, 18:00 PM

Japan hits back as US mulls auto tariffs

Japan's trade minister on Thursday pushed back against Washington for considering possible tariffs on automobile imports, a major driver of the Japanese economy.
24 May 2018, 18:00 PM

India trying to get resolution soon on rising fuel prices

India is trying to get a resolution soon on tackling rising fuel prices, and the government is looking at both short-term and long-term solutions, said Oil Minister Dharmendra Pradhan on Thursday.
24 May 2018, 18:00 PM

Indian rice prices ease to lowest in a year as rupee slides

Rice prices in India fell for the third straight week to their lowest level in a year as the rupee slipped to a 16-month low, while markets in
24 May 2018, 18:00 PM

German carmakers dismayed as US weighs auto tariffs

German automakers reacted with dismay Thursday as the US Commerce Department said tariffs on car imports could be on the horizon, potentially opening a new front in a burgeoning transatlantic trade conflict.
24 May 2018, 18:00 PM

China relieved after trade tension; US business ambivalent

China on Monday praised a significant dialing back of trade tension with the United States, with the government saying agreement was in the interests of both countries while state media trumpeted what it saw as China's refusal to surrender.
21 May 2018, 18:00 PM

Apple, Goldman Sachs working on credit card

Apple is working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker's digital wallet logo, according to a report Thursday in the Wall Street Journal.
13 May 2018, 18:00 PM

JP Morgan looks to expand in China

Wall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part of a move to open up the economy.
13 May 2018, 18:00 PM

Brexit seen threatening UK links in EU supply chain

Mandy Ridyard knew Brexit was going to be a challenge for her aviation components firm, but it was still a shock when she heard a French company bluntly ruling out British suppliers from an international bid for a contract in China.
13 May 2018, 18:00 PM