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WASHINGTON: Deutsche Lufthansa AG is recovering from a pilot strike in April and views competition from state-owned carriers as one of its biggest challenges, its new chief executive told Reuters in an interview on Tuesday.
WASHINGTON: The United States said on Wednesday it was concerned about dangerous conduct and intimidation in the South China Sea after reports of a Chinese vessel ramming Vietnamese ships. It called for restraint on all sides.
NEW YORK: Billionaire media executive David Geffen is interested in buying the Los Angeles Clippers basketball team, according to a person with knowledge of Geffen's thinking, following a decision by National Basketball Association commissioner Adam Silver to ban Clipper owner Donald Sterling for life.
TOKYO: Asian shares struck a cautious tone on Tuesday as the double-whammy of a deepening conflict in Iraq and a gas dispute between Ukraine and Russia sapped investors' appetite for risk.
NEW YORK: The S&P 500 ended at another record high on Thursday, extending gains for a fifth day on investors' optimism that the Federal Reserve will keep interest rates low for a long period of time.
NEW YORK": With the possibility of escalating violence in Iraq, stocks in the defense sector could garner more attention in the week ahead.
BEIJING: Chinese state media lashed out at Google, Apple and other US technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the US government for monitoring China and stealing secrets.