Travel
United Airlines Q2 profit rises to $1.32 billion as travel…
United Airlines on Wednesday reported that its second-quarter profit rose 23% to $1.32 billion, as record crowds at U.S
Archegos founder Bill Hwang convicted at fraud trial over fund’s…
Archegos Capital Management founder Sung Kook “Bill” Hwang has been convicted of fraud and other charges by a jury in a Manhattan federal court at a crimina
US Fed’s Powell cites slowing job market in signal rate…
The United States Federal Reserve faces a cooling job market as well as persistently high prices, Chairman Jerome Powell has said in testimony to the US Congres
Paramount, Skydance to merge and end Redstone family’s reign in…
Deal also signals rise of new power player, David Ellison, Skydance founder and son of Oracle billionaire Larry Ellison.The entertainment giant Paramount will m
New twist in clash between US short seller Hindenburg and…
India’s securities regulator has alleged Hindenburg colluded with another entity to help it short Adani Group.Hindenburg Research has denied allegations by In
Nike stock plunges on surprise forecast of drop in sales
It was the worst day ever for the stock with losses wiping out $28.4bn from Nike’s market valuation.Nike’s stock has plunged as a forecast for a surprise dr
Amazon to launch discount section with direct shipping from China:…
The shopping section is Amazon’s most aggressive response to the growth of bargain sites like Temu and Shein.Amazon.com plans to launch a section on its shopp
US sanctions ‘sprawling shadow banking network’ that helps Iran’s military
Those sanctioned are involved in the sale of Iranian oil and petrochemicals, money that pays for weapons, proxy groups.The United States Department of the Treas
Bangladesh’s ‘missing billionaires’: A wealth boom and stark inequality
Dhaka, Bangladesh: Abutting the posh Gulshan Club and overlooking the serene Gulshan Lake in Bangladesh’s capital Dhaka, a 14-storey building is nearing compl
US stock market hits new record ahead of interest rates…
S&P 500 gains 0.3 percent ahead of US Federal Reserve’s latest decision on interest rates.The US stock market has hit record highs ahead of the Federal Re
India’s Modi urged to set ‘ambitious’ economic agenda after poll…
Indian Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) campaigned on India’s sizeable economic expansion in the lead-up to the country’s r
Rahul Gandhi seeks probe into stock market moves during India…
Exit poll projections of big wins by Modi’s alliance sent stock markets surging a day before votes were counted.Opposition Indian National Congress leader Rah
