American Airlines is in advanced talks to buy a $200 million stake in Asia’s biggest airline China Southern, reports said Thursday, as it looks to get a shoo-in to the country’s huge aviation market.
Bent over the machines for hours with headphones to block out the whirring noise, textile workers in Bulgaria, which holds elections Sunday, earn a pittance even after 10 years of EU membership.
Australia urged China Thursday to press ahead with economic reforms as Premier Li Keqiang began a trade-focused visit amid growing fears of a US slide towards protectionism.
Most Asian markets edged up and the dollar saw a small recovery on Thursday as investors tracked a bounce in New York, with focus now on a crucial congressional vote on US healthcare reform later in the day.
AT&T and Verizon on Wednesday joined global firms pulling ads from Google, saying they did not want their brands associated with inappropriate content on the internet giant.
The global box office for films took in a record $38.6 billion last year, industry figures showed Wednesday, although receipts outside North America declined for the first time in 12 years as the Chinese market slowed.
New York authorities on Wednesday granted a license to Coinbase to trade in two additional virtual currencies, expanding the company’s services which already included Bitcoin starting in January.
Saudi Arabia on Wednesday lost its high-quality credit rating from the Fitch agency, which lowered the kingdom a notch because of worsening public finances as the oil price wobbles.
German rail giant Deutsche Bahn on Wednesday named finance director Richard Lutz as its new chief executive, replacing a boss who quit unexpectedly after contract talks broke down.
Leading Dutch bank ING is under criminal investigation in The Netherlands due to concerns related to “money laundering and corrupt practices”, bank officials and prosecutors said Wednesday.
German carmaker Porsche said Wednesday it would celebrate a record year with a one-off payment to workers of up to exactly 9,111 euros, a nod to the its iconic 911 sports car.