Business

Hours before the midnight deadline to disclose the agreement to European regulators, Rome announced Monday evening that the Italian government and Lufthansa had reached an agreement to sell the German airline a stake in flag carrier...

Bangladesh Bank (BB) has asked banks to make letters of credit (LC) payments on time. “Delays in making import payments by banks are unacceptable against clean bills and accepted bills,” said a BB circular issued today. The...

Spirit Airlines is in constructive discussion with its creditors and continues to explore strategic alternatives to improve liquidity, the ultra-low-cost carrier said on Tuesday. The negotiations, with a supermajority of the noteholders, have remained productive, advanced...

Shares in Samsung Electronics, the world’s top memory chip maker, fell on Wednesday to their lowest level in more than four years amid worries about the impact of U.S. tariffs under a new Donald Trump administration,...

Asian markets fell again Wednesday as traders fret over the impact of Donald Trump’s presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation. The prospect of prices spiking...

Online travel agency Booking.com could cut jobs as part of a review of its organizational structure, it said on Saturday. The company, a unit of Booking Holdings, said in an emailed statement that it was in...

The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus...

Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session, following Donald Trump’s decisive victory in the U.S. presidential election earlier in the week. Bitcoin, the world’s biggest and best-known cryptocurrency,...

China’s consumer inflation rate slowed in October, official data showed Saturday, in a sign that demand remains sluggish in the world’s number two economy. The slowdown comes as authorities have been seeking to boost domestic activity...

Asia’s markets rally stuttered on Friday after early gains as traders struggled to keep up with another Wall Street record following the Federal Reserve’s interest rate cut, while they were also weighing the outlook with another...