Saturday, January 27th, 2018

 

Relief for UK workers after Bombardier trade dispute victory

LONDON, Jan 27 — British politicians and union leaders hailed Bombardier’s surprise trade victory against US planemaker Boeing Co, saying it had safeguarded thousands of jobs in Northern Ireland and across UK supply chains. Yesterday’s…


Qatar Airways’ first Airbus A350-1000 to be delivered late mid-February

DOHA, Jan 27 — Airbus will deliver the first ever A350-1000 jet to an airline to Qatar Airways between February 15 and February 20, the carrier’s chief executive said today. Delivery of Europe’s largest twin-engined passenger jet to launch…


Mobius bets best is yet to come in emerging markets

(Jan 26): After decades at the forefront of emerging-market investment, Mark Mobius is heading into retirement betting the best is yet to come. The 81-year-old money…


Wynn Resorts board opens inquiry into sexual misconduct accusations against CEO

NEW YORK, Jan 27 — The Wynn Resorts Ltd board of directors formed a special committee yesterday to investigate sexual misconduct allegations reported in the Wall Street Journal against the company’s chairman and CEO, Steve Wynn, the board said…


Ringgit likely to be firmer against US dollar on higher oil prices next week

KUALA LUMPUR, Jan 27 — The ringgit is likely to stay firm against the US dollar next week on the back of higher commodity prices, particularly the crude oil, coupled with positive regional sentiment. Affin Hwang Investment Bank…


Wynn Resorts CEO calls sexual misconduct accusations ‘preposterous’

NEW YORK, Jan 27 — Major US casino conglomerate Wynn Resorts stock plunged over 10 per cent yesterday following a Wall Street Journal report detailing CEO Steve Wynn’s alleged sexual misconduct. But in a statement to the media, the casino…


Oil settles higher, posts weekly gain as weak dollar underpins

HOUSTON, Jan 27 — Oil prices settled higher yesterday after hitting three-year highs, with crude also posting a weekly gain as a weaker US dollar underpinned prices. Brent crude futures settled up 10 cents, or 0.1 per cent, at US$70.52…


Intel, healthcare shares boost lift Wall St. to record

NEW YORK, Jan 27 — The latest round of strong earnings reports, including from Intel and AbbVie, along with continued weakness in the dollar lifted each of the major Wall Street indexes to closing records yesterday. The three main indexes…


Earnings lift Wall Street to record highs; dollar fall continues

NEW YORK, Jan 27 — Strong earnings from Intel and other companies drove Wall Street indexes to record closing highs yesterday, while the US dollar remained weak after recent comments by the US Treasury secretary. The S&P 500 jumped 1.2 per…


AAX sees improved overall operating performance in 4Q17

KUCHING: AirAsia X Bhd (AAX) recorded an overall improved operating performance year-on-year (y-o-y) for the fourth quarter of 2017 (4Q17), driven by a healthy growth in its passengers. In its preliminary operating statistics, it announced that its4Q overall operating performance improved y-o-y  with the number of passengers carried increased 12 per cent y-o-y at 1.55 […]