By Tim Hepher PARIS (Reuters) – Airbus will start delivering narrow-body A320neo-family jets to Air India at the end of…
Neiman Marcus to lay off about 5% of workforce
(Reuters) – Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500…
Air India seals record order for almost 500 Airbus, Boeing jets
By Aditi Shah and Tim Hepher BENGALURU/PARIS (Reuters) -Air India unveiled deals on Tuesday for a record 470 jets from…
IMF official says debt roundtable to focus on broad restructuring hurdles
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund’s strategy director on Tuesday said the goal of a new sovereign…
Oil settles down 1%, then drops more on hint of big U.S. crude build
By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% lower on Tuesday as traders worried about mounting supplies, and prices…
Airline SAS network hit by hackers, says app was compromised
By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged…
Brainard’s departure to White House would come at critical juncture for Fed
By Howard Schneider and Andrea Shalal WASHINGTON (Reuters) -In nearly a decade at the Federal Reserve, Lael Brainard argued for…
Factbox-Some potential successors to Brainard at the Fed
(Reuters) -Federal Reserve Vice Chair Lael Brainard’s announced departure from the central bank next week to become one of President…
‘Big Short’ manager Burry, Farallon among hedge funds making bets on China
By David Randall and Carolina Mandl NEW YORK (Reuters) – “Big Short” investor Michael Burry, Farallon Capital Management, and Coatue…
U.S. bank CEOs see economic pessimism lifting, but focus on costs, jobs
By Saeed Azhar, Lananh Nguyen and Niket Nishant (Reuters) -Companies and households are feeling better about the economy despite recession…