Business

(Reuters) -Hong Kong’s Cathay Pacific Airways Ltd said on Monday it had lowered its passenger capacity forecast for the remainder of the year to 13% of pre-COVID levels, down from…

By Ron Bousso LONDON (Reuters) – Royal Dutch Shell plans to start producing low-carbon jet fuel at scale by 2025, in an attempt to encourage the world’s airlines to reduce…

By Clare Jim and Farah Master HONG KONG (Reuters) – As Beijing seeks to tighten its grip over Hong Kong, it has a new mandate for the city’s powerful property…

By Liz Lee KUALA LUMPUR (Reuters) – Malaysia’s AirAsia X Bhd (AAX) has made “substantial progress” in its months-long talks with creditors as it aims to convene meetings with them…

By Caroline Valetkevitch NEW YORK (Reuters) – The dollar hit a near 3-week high against a basket of currencies on Thursday after data showed U.S. retail sales unexpectedly increased in…

BERLIN (Reuters) – European car registrations dropped in July and August after four months of growth, industry data showed on Thursday, suggesting that a global semiconductor shortage is hitting sales…

MADRID (Reuters) – Fashion brand Zara owner Inditex rebounded with an 850 million euro second-quarter profit on Wednesday as sales topped pre-pandemic levels, outshining Swedish rival H&M. The world’s biggest…

PARIS (Reuters) – BNP Paribas Asset Management has agreed to buy a majority stake in Dynamic Credit Group, an Amsterdam-based asset manager and specialist lender with 9 billion euros ($10.6…

LONDON (Reuters) – British defence company BAE Systems said space was a big area of opportunity, after it acquired UK-based satellite specialist In-Space Missions on Tuesday. “It (space) will be…

By Stine Jacobsen COPENHAGEN (Reuters) -Danish jewellery maker Pandora plans to produce edgy pieces to attract young shoppers and significantly boost sales in the United States and China to meet…

By Anthony Deutsch and Toby Sterling AMSTERDAM (Reuters) -Uber drivers are employees, not contractors, and so entitled to greater workers’ rights under local labour laws, a Dutch court ruled on…

MADRID (Reuters) – Spain’s Telefonica has hired investment bank Goldman Sachs to sell its 50% stake in a mobile masts operator in Britain, El Confidencial reported on Monday, citing sources…