Germany`s flagship carrier Lufthansa said it would cancel nearly 900 flights on Wednesday because of a strike by pilots, causing travel disruptions for tens of thousands of passengers in the latest escalation of a long-simmering pay dispute.
Britain lost $1.5 trillion (1.4 trillion euros) in household wealth in 2016, a blow caused by the pound’s free-fall after the Brexit vote, Switzerland’s second largest bank Credit Suisse said Tuesday.
Wall Street rose on Monday morning, with the Nasdaq hitting a record intraday high, helped by a jump in technology shares and as higher oil prices boosted energy stocks.
Citi has joined JPMorgan at the top of global regulators` list of systemically important banks, replacing HSBC and meaning the U.S. bank will have to hold extra capital from 2019 to help preserve financial stability.
Oil prices rose on Monday to their highest in three weeks, catching a lift from a weaker U.S. dollar and from cautious money managers, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week.
Prime Minister Theresa May will unveil her new industrial strategy on Monday, pledging to spend billions of pounds on science, technology and research to spur a new "ambitious" way of doing business in Britain.
Chinese President Xi Jinping urged Asia-Pacific leaders on Saturday to get on board with Beijing-backed free trade agreements, after Donald Trump's election win spelled the likely demise of a US-backed deal.
The US dollar climbed on Friday to its highest level since 2003 on continued bets on faster inflation and higher interest rates, while Treasuries resumed a selloff that left yields at their highest levels of the year.
Ford confirmed on Friday that it will keep production of one SUV model in Kentucky, rather than relocating as planned, a decision US President-elect Donald Trump claimed as a personal victory.
Pakistan has spent a hefty USD 118 billion since 2002 to combat terrorism which has significantly hampered growth and it is facing "serious challenges" to its economy, according to a new central bank report.
China will position itself as free trade`s new champion at an Asia-Pacific summit this weekend, with the Communist government seeking to project economic leadership as a U.S.-led Pacific Rim trade pact languishes under President-elect Donald Trump.
The deal, agreed with labour representatives after months of tortuous negotiations, will lead to annual savings of 3.7 billion euros ($3.9 billion) by 2020, VW brand chief Herbert Diess announced.
The dollar sprinted to a more than 13-1/2 year high against a basket of major currencies on Friday and U.S. debt yields hit near one-year highs on expectations that President-elect Donald Trump`s policies will boost the US economy.
Oil prices declined as strong US dollar offset market`s optimism over an oil output freeze deal.
The US dollar increased against other major currencies as Federal Reserve Chair Janet Yellen said the central bank is close to raising interest rates recently.
Nearly 130,000 people lost their jobs in recession-hit Argentina from January to September this year, the government said on Thursday.
Donald Trump's victory in the US presidential election has created uncertainty for many other sovereigns as the reaction in financial and commodity markets could also affect countries outside the United States, Fitch Ratings said on Thursday.
Federal Reserve Chair Janet Yellen said Thursday an interest rate increase likely will be appropriate "relatively soon" as long as there is further evidence of progress in the economy.
Russia's state communications watchdog said on Thursaday it had ordered internet providers to block the LinkedIn professional networking site after a court ruled it was breaching a law on storing users' data.
FDI in China rose 4.2 percent year on year to reach around USD 98 billion in the first ten months of the year with service sector attracting massive investments, unlike manufacturing which suffered over capacity, official data said on Thursday.