Saudi Arabia, US Make Tentative Steps Toward Healing Deep Rift
US Secretary of State Antony Blinken’s visit to Saudi Arabia this week is the latest sign of improving
2023-06-05 20:00
First on CNN: US senators question Twitter's privacy compliance under Elon Musk
Four US senators are scrutinizing Twitter's privacy practices and questioning whether the platform under CEO Elon Musk flouted consumer protection law following widespread layoffs and resignations, highlighting vast legal risks for Twitter and Musk.
2023-06-05 19:20
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:50
Airlines expect to make $10 billion this year despite economic slowdown
Global airlines should make nearly $10 billion in profit this year as business bounces back from the pandemic, according to a new forecast from the International Air Transport Association (IATA).
2023-06-05 18:26
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 17:56
China Bonds at Center of Crisis Fears Are Posting Surprise Gains
For all the concern about a debt crisis facing China’s local governments, the bonds most exposed to a
2023-06-05 17:24
Germany Lines Up €50 Billion to Help Heavy Industry Go Green
Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50 billion ($53.4 billion) in subsidies.
2023-06-05 17:24
Negative-Yielding Debt Returns to Almost $2 Trillion on BOJ
The scourge of negative-yielding debt refuses to go away for investors as the Bank of Japan’s continued reluctance
2023-06-05 15:55
World’s Longest Direct Flights to Cost 20% More Than Stopover Fares
Qantas is likely to extract a 20% premium from passengers on the world’s longest direct flights when it
2023-06-05 15:47
Global airlines more than double 2023 profit outlook
By Joanna Plucinska and Aditi Shah ISTANBUL Global airlines more than doubled their 2023 industry profit forecast to
2023-06-05 15:29
Qantas sees air fares slipping off highs as capacity returns
ISTANBUL Air fares are moderating as capacity returns to the global airline network after the pandemic, Qantas Chief
2023-06-05 14:58
Morgan Stanley Joins Goldman in Cutting China Index Targets
Morgan Stanley became the latest China bull to reduce the target for key stock indexes, citing delayed earnings
2023-06-05 13:57