AirAsia X Bhd (AAX) (AIRX.KL) is proposing to pay just 0.5% of debt owed to each of its creditors and to terminate…
Even by the conservative standards of global organisations, the International Monetary Fund is known for its cautious forecasts. So, when…
Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight…
Planemakers are likely to unveil new orders and models at the world's largest business jet show this week as they…
As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major…
Spain's Santander (SAN.MC) is in negotiations with about 210 employees in Portugal as part of a wider cost-cutting plan that affects 11%…
A massive week in monetary policy, with some 16 central banks holding meetings and possibly the first rate hike from…
Hong Kong's Cathay Pacific Airways Ltd (0293.HK) said on Monday it had lowered its passenger capacity forecast for the remainder of the…
As pressure builds on China's tech and real estate moguls and its economic growth falters, markets worldwide are starting to…
Japan cut its economic view for the first time in four months as a surge in COVID-19 cases disrupted manufacturers'…