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China's growth could slip below 6%, analysts warn, as trade war takes toll

China's economic growth risks slipping below the lower-end of Beijing 2019 target of 6% in the third quarter or over the next year, analysts warn, but government economists are slightly more optimistic as they expect stimulus to help stave off a sharper slowdown.



5 years ago

VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.



5 years ago

Ryanair expects return of Boeing 737 MAX in February-March 2020

Ryanair expects to be flying the first of its grounded Boeing 737 MAX aircraft by late February or the start of March, which would require the plane to be flying in the United States before Dec. 25, CEO Michael O'Leary said on Thursday.



5 years ago

Factbox: Animal health sector aims to emulate Zoetis biotech leap

A commercial breakthrough in the field of complex therapeutic proteins for dogs by sector leader Zoetis has roused rivals to action in a hunt for biotechnology medicines to treat pets.



5 years ago

Biotech is going to the dogs - and big profits await

For Jessica Lescault there is no question that her 6-year old English bulldog "Moose" deserves cutting-edge biotechnology cancer treatment as much as any human patient.



5 years ago

Ryanair plans 500-700 job cuts as O'Leary bags bonus

Ryanair's Chief Executive Michael O'Leary said he plans to cut 500-700 jobs at the airline as shareholders narrowly approved a bonus scheme on Thursday that could earn him around 100 million euros ($111 million) over five years.



5 years ago

France and Germany united on strategy to fight global slowdown: French minister

France and Germany are agreed on a joint strategy to respond to a global economic slowdown at a time of international trade tensions, French Finance Minister Bruno Le Maire said on Thursday.



5 years ago

Berstein downgrades Costco, says memberships will be the first to go in an economic downturn

Bernstein downgraded Costco to underperform from market perform.

5 years ago

Wall Street futures tick lower after mixed policy signals from Fed

U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing.



5 years ago

Real crunch from Saudi Arabia's oil outage has yet to be felt

Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale of damage to its facilities, traders and analysts say.



5 years ago

Military strike against Iran would result in 'all-out war': foreign minister

Any U.S. or Saudi military strike against Iran would result in "all-out war", Iranian Foreign Minister Mohammed Javad Zarif said on Thursday.



5 years ago

Ryanair expects to be flying Boeing 737 MAX by February-March 2020

Ryanair thinks February or the start of March is the most realistic timetable for it to start flying the grounded Boeing 737 MAX aircraft, CEO Michael O'Leary said on Thursday.



5 years ago

Huawei's new phone lacks Google access after U.S. ban

Huawei [HWT.UL] launches what could be the world's smartest 5G phone on Thursday, but its fate in Europe will hang on whether customers will buy a device lacking access to software and apps supported by Google.



5 years ago

Trump 'not thrilled' with Fed but says chairman's job safe: Fox News

U.S. President Donald Trump said Federal Reserve Chairman Jerome Powell's job is safe, even though he was "not thrilled" with the central bank after it moved to lower interest rates by a quarter of a percentage point on Wednesday.



5 years ago

India meets criteria to reclaim U.S. trade concessions

India meets the criteria for trade concessions that the United States eliminated in June, India's Foreign Secretary Vijay Gokhale said on Thursday.



5 years ago