Month: December 2019

The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus, underscoring tariffs recently imposed by the United States on European goods. … Read More

The value of Black Friday sales in Britain jumped 16.5% compared with last year, according to data from payments firm Barclaycard, in a much needed boost for the country’s retailers. … Read More

Swiss asset manager GAM Holding AG could cut more than 40% of its workforce as Chief Executive Peter Sanderson seeks to restore profitability at the group, Bloomberg reported on Monday … Read More

Airline food has long been the butt of travellers’ jokes, but Malaysia’s AirAsia Group Bhd is seeking to turn that notion on its head – opening its first restaurant on … Read More

British oil major BP Plc and U.S. commodities trader Bunge Ltd announced on Monday the completion of a deal to combine their sugar and ethanol operations in Brazil, creating the … Read More

New European Central Bank President Christine Lagarde asked EU lawmakers on Monday to give her time to learn the ropes of her new job and to reshape the ECB’s monetary … Read More

Ping An Insurance’s OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million on Tuesday, people with knowledge of the matter said, reducing both … Read More

Thyssenkrupp needs to pour 1.5 billion euros ($1.7 billion) into its core steel business after years of underinvestment has left at a competitive disadvantage, the head of its works council. … Read More