Business

Emirates Upgrades Aircraft on the Newly Launched Abuja Service

… Daily flights to operate with a Boeing 777-200ER SAN FRANCISCO, September 21, (THEWILL) – Only two months after launching its operations to Abuja, Emirates, a global connector of people and places, has announced it will upgrade the route’s operating aircraft...

As G20 Chases Growth Goal, Members Differ On How To Get There

Financial leaders of the Group of 20 top economies remain committed to chasing higher global growth, but were divided on how to achieve it as Germany pushed back at calls from the United States and others for more immediate...

Air France Pilots Extend Strike Until Sept. 26

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Air France pilots have voted to extend their week-long strike over cost cuts and plans for the company's Transavia unit by a further four days until Sept. 26, the head of the SNPL union said on Saturday. More than four-fifths...

Some Consumers Say Apple Is Losing Its ‘Cool’ Factor

Holly Riggle, a 29-year-old white-collar worker from Ohio, is just the kind of everyday customer Apple Inc (AAPL.O) would love to have for its new iPhone 6, which launches Friday. But Riggle is sticking to her Android smartphone, calling Apple...

China Hands Drugmaker GSK Record $489 Million Fine For Paying Bribes

China fined GlaxoSmithKline Plc (GSK.L) a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British...

SAP Buys Expenses Software Maker Concur For $7.3 Billion

Germany's SAP (SAPG.DE) has agreed to buy U.S. expenses software maker Concur (CNQR.O) for $7.3 billion in cash, strengthening its position in cloud computing but sending its shares down almost 3 percent on concern over the price. SAP has been...

S&P Nears Record As Fed Support Boosts Wall Street

U.S. stocks were higher in morning trading on Thursday, with the S&P 500 brushing against resistance at a record peak, a day after the U.S. Federal Reserve renewed its commitment to keeping interest rates low. The Fed said Wednesday at...

U.S. Jobless Claims Data Point To Firming Labor Market

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration. While other data on Thursday showed housing starts declined in...

Apple’s iPhone 6 Still One License Away From Elusive China Launch

Apple Inc (AAPL.O) is still awaiting a critical license from Chinese regulators before it can sell its new iPhone 6 in one of the company's most important markets. The official Xinhua news agency said on Thursday that Apple's new iPhone...

Dollar Hits Six-Year Peak Versus Yen, ECB Loan Demand Disappoints

The U.S. Federal Reserve's outlook for rising interest rates had already illustrated the diverging path from other advanced economies but it was underscored even more firmly in Europe as the ECB opened its liquidity taps again. Lackluster demand for the...