Airlines further lowered their European traffic outlook on Thursday, as persistent travel restrictions and concerns about a second wave of COVID-19 dent recovery prospects for the sector.
On July 7, the board of directors at Texas fracking sand supplier Hi-Crush granted nearly US$3 million in bonuses to four top executives, including US$1.35 million for CEO and founder Robert Rasmus.
U.S. stock index futures were trading flat on Thursday after the benchmark S&P 500 ended the previous session points below its record high close, as political wrangling over domestic stimulus measures kept investors on tenterhooks.
In May, Syrian tycoon Rami Makhlouf, a cousin and long-time ally of President Bashar al-Assad, took a once unimaginable step.
Deutsche Telekom said no telecoms equipment vendor should be barred from Germany on political grounds, reiterating its opposition to calls from some lawmakers to bar China's Huawei Technologies on national security grounds.
PARIS: The global coronavirus pandemic is weighing heavily on worldwide demand for oil as the aviation and transport sectors, in particular, struggle with the fallout from the lockdowns aimed at reining in the disease, the International Energy Agency said Thursday (Aug 13). "The COVID-19 pandemic ...
The European Union's executive on Thursday acknowledged the United States' decision not to exacerbate a 16-year-old dispute over aircraft subsidies by imposing fresh tariffs, and said it wanted to negotiate a solution to end the row.
BEIJING: French luxury brand Cartier is facing online mockery in China over a Valentine-themed advert which appears to show a gay couple who are described in a caption as depicting "father-son" love. Cartier posted a video on Chinese social media platform Weibo this week promoting its "Trinity" ...
SHANGHAI: It is not a good sign for any economy when debt collectors are booming and in China right now, the industry is on a hiring spree. Whole Scene Asset Management, a debt recovery firm based in the southern province of Hunan, plans to double staff numbers to 400...
BANGKOK: Investor confidence in Thailand's capital markets over the next three months dropped for the first time in four months, unsettled by recent anti-government protests, a capital market association said on Thursday (Aug 13). The risk coming from political turbulence is adding to pressure on ...
