Renault shares slumped on Friday after the French carmaker cut its revenue guidance for 2019 and lowered its profitability forecast.
Credit Suisse will start charging wealthy clients with large cash deposits in Swiss francs, the latest Swiss bank to pass on negative interest rates to customers.
InterContinental Hotels Group reported a 0.8per cent decline in revenue per room for the third quarter on Friday, as the Holiday Inn-owner was hurt by protests in Hong Kong and tougher trading conditions in the United States and China.
Asian stocks stumbled on Friday, erasing earlier gains after China posted its weakest growth in nearly three decades, countering a global lift in sentiment on the UK and European Union striking a long-awaited Brexit deal.
HONG KONG: Hong Kong's Cathay Pacific Airways on Friday (Oct 18) lowered its expectations for full-year profit due to "incredibly challenging" conditions in its home market racked by anti-government protests that it expected to persist for the rest of 2019. The airline reported a 7.1 per cent drop ...
When Frans Kolkman hung up his police badge in 2017, he was looking forward to a comfortable retirement. Two years later he's among millions of Dutch pensioners facing a cut and fearing there may be worse to come.
Apple Inc CEO Tim Cook met the chief of China's market regulator in Beijing on Thursday, the Chinese agency said, a week after the U.S. firm was thrust into the midst of political tensions between the mainland and protesters in Hong Kong.
WASHINGTON: The United States imposed tariffs on a record US$7.5-billion worth of European Union goods on Friday (Oct 18), despite threats of retaliation, with Airbus, French wine and Scottish whiskies among the high-profile targets. The tariffs, which took effect just after midnight in Washington ...
China's economic growth slowed more than expected to 6.0per cent year-on-year in the third quarter, the weakest pace in almost three decades, hit by soft factory production amid a bruising Sino-U.S. trade war and lackluster demand at home.
SYDNEY: A plane and its passengers are set to test the mental and physical limits of long-haul aviation when Qantas operates the first direct flight by a commercial airline from New York to Sydney this weekend. In the first of three "ultra long-haul" test flights planned by Australia's national...
