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Air Senegal signs MoU for eight Airbus A220 aircraft

Air Senegal signed a memorandum of understanding (MoU) for eight Airbus' A220 aircraft at the Dubai Airshow on Tuesday.



4 years ago

Emirates says size of Boeing 777x order depends on delivery schedule

Emirates still intends to take the 150 Boeing 777X jets it had ordered, but that could change depending on the delivery schedule, its president said on Tuesday.



4 years ago

What trade war? Chinese companies wow with third-quarter report card

The top 200 Chinese companies spanning consumer, technology, industrial, property and financial industries reported September quarter earnings well ahead of market expectations, setting them up for a strong showing next year, analysts said.



4 years ago

Oil slips to $62 as trade talks drag on

Oil extended declines to $62 a barrel on Tuesday, pressured by limited progress in efforts to resolve the trade conflict between the United States and China as well as an expected rise in U.S. crude inventories.



4 years ago

PSA trade unions give the nod to merger with Fiat

The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler , PSA executives and union representatives said.



4 years ago

Home Depot says online investments take longer to pay off, cuts sales goal

Home Depot Inc said on Tuesday its efforts to integrate online and in-store shopping were taking longer than expected to pay off, prompting the retailer to cut its 2019 sales forecast and sending its shares down 7% in premarket trade.



4 years ago

Qantas challenges Airbus, Boeing to offer better deal on ultra-long haul jets

Qantas has asked Airbus and Boeing for a better deal on planes capable of non-stop Sydney-London flights before deciding whether to place an order.



4 years ago

One week in, Netflix's stock is weathering Disney+

Wall Street's reaction so far to Walt Disney Co's long-awaited streaming service suggests investors believe the competition may not be as crushing as expected for entertainment rival Netflix Inc .



4 years ago

Ghana and Boeing sign provisional order for three 787 Dreamliners at Dubai Airshow

The Republic of Ghana and Boeing signed a provisional order for three 787-9 Dreamliners on Tuesday at the Dubai Airshow.



4 years ago

Saudi airline flynas signs order for 10 Airbus A321XLR jets

Flynas has signed an order for 10 long-range Airbus A321XLR jets, the Saudi budget airline said at the Dubai Airshow on Tuesday.



4 years ago

Morgan Stanley has a new favorite pick in the chip space

Morgan Stanley believes Broadcom can leverage its skill in the chip business as well as its healthy cash flow to diversify into software.

4 years ago

Home Depot cuts sales goal as online push not delivering as expected

Home Depot Inc said on Tuesday the marriage of its online and brick-and-mortar businesses was not yet generating as much revenue as it had expected, prompting the retailer to cut its 2019 sales forecast for the second time this year.



4 years ago

Global economy dodges recession by narrowest of margins: Kemp

The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year.



4 years ago

Kohl's cuts annual profit forecast after disappointing results; shares slump

Kohl's Corp cut its annual profit outlook on Tuesday ahead of the all-important holiday season, after the department store operator's quarterly comparable sales and earnings missed analysts' estimates, sending its shares down 12%.



4 years ago

Return of short-selling bans: market protection or 'war against truth'?

New moves to curb short-selling in some countries have set the stage for a renewed battle between free market advocates and authorities aiming to check investors they see as profiteers who destabilize major companies.



4 years ago