economy

Airbus hikes jet output targets in bet on aviation recovery

Airbus ramped up its jet production targets on Thursday, backing signs of global recovery and strengthening its hand ahead of…

5 years ago

Total, Chevron suspend payments to Myanmar junta from gas project

French oil and gas group Total (TOTF.PA) and U.S. energy company Chevron (CVX.N) have suspended some payments from a gas…

5 years ago

Senator Warren attacks JPMorgan’s Dimon over ‘baloney’ overdraft fees

Progressive firebrand Senator Elizabeth Warren on Wednesday attacked JPMorgan Chase & Co (JPM.N) chief executive Jamie Dimon after the country's…

5 years ago

Exxon loses board seats to activist hedge fund in landmark climate vote

A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members…

5 years ago

HK’s Next Digital shares soar as trading resumes after Jimmy Lai assets frozen

Shares in jailed tycoon Jimmy Lai's Next Digital Ltd (0282.HK) soared on Thursday, the first day of trading after a…

5 years ago

Shell ordered to deepen carbon cuts in landmark Dutch climate case

A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark…

5 years ago

Nvidia forecast beats expectations but crypto mining’s role remains unclear

Nvidia Corp (NVDA.O) forecast second-quarter revenue above analysts' estimates on Wednesday, but shares fell 1% after-hours as the company could…

5 years ago

World stocks to rise modestly, correction unlikely

World stocks will continue to rise this year on robust economic and earnings recoveries but any quickening of inflation would…

5 years ago

Wall Street edges up as U.S. bond yields stay tame

U.S. stocks closed out Wednesday's session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns…

5 years ago

American Eagle sees sales rising on pent-up demand for apparel

American Eagle Outfitters Inc (AEO.N) said on Wednesday sales of its jeans and tops was accelerating, after the apparel retailer…

5 years ago