Business

IAG Says Its A380 Options Too Expensive, Looking To Lease Second Hand

British Airways owner IAG (ICAG.L) is holding talks on leasing additional A380s second hand because it believes the options it has to buy more...

EU Fruit Growers Look To U.S. Market To Offset Russian Sanctions

European fruit growers could be able to export apples and pears to the United States later this year, the EU executive said on Saturday,...

China’s Economy Grew By Around 7 Percent In 2015, Services Made Up Half Of GDP – Premier

China's gross domestic product (GDP) totaled more than $10 trillion in 2015 and the economy grew by around 7 percent, with the services sector...

Bond King Musical Chairs: Gundlach Replaces Gross At Barron’s Roundtable This Month

NEW YORK - In recent years, bond investor Jeffrey Gundlach has been outperforming his rival Bill Gross. He has even been dubbed the "Bond...

Nigerian Stock Exchange Loses Whooping $30bn

SAN FRANCISCO, January 15, (THEWILL) –The Nigerian capital market has lost over $30bn from July 2014 to date, the Chief Executive Officer, Nigerian Stock...

OPEC’s Oil Basket Price Drops To $25 A Barrel

The average price for a basket of crudes from OPEC producers fell to $25 a barrel on Thursday, the group said, even before unrestrained...

Lower Legal Bill Boosts Citi Profit But Core Revenue Weak

Citigroup Inc reported a massive jump in quarterly profit as a sharp drop in legal costs and gains from the disposal of unwanted assets...

Wal-Mart Pulls Plug On Smallest Store Format, Shuts 269 Stores

Wal-Mart Stores Inc said on Friday that it was pulling the plug on its smallest store format, Walmart Express, and closing 269 locations globally,...

GE To Sell Appliances Business To China’s Haier For $5.4 Billion

General Electric Co said it would sell its appliance business to China's Haier Group for $5.4 billion in cash, another step in its push...

Jpmorgan Caps Year With Better-Than-Expected Results

JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a better-than-expected quarterly profit for the final quarter of the year as a...
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