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Airlines, suppliers and trade data show effects of plane maker’s crisis
HOUSTON: Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a second Iranian drone over the Strait of Hormuz last week.
NEW YORK: As policy makers globally prepare to cut borrowing costs again, banks around the world are feeling the heat.
MADRID: Banco Santander SA saw its quarterly profit hit by job-cutting expenses as the lender integrates an acquisition in Spain and pushes to reduce annual costs by 1.2 billion euros (US$1.4bil).
MANILA: Jollibee Foods Corp. will spend $350 million to purchase loss-making Coffee Bean & Tea Leaf, its largest acquisition.
KUALA LUMPUR: Affin Hwang Capital research expects an uncertain near-term outlook for British American Tobacco Bhd due to the second wave of vape products and the increase in fake tax stamps in the market.
LONDON: Indian billionaire Anil Agarwal, once the biggest shareholder in Anglo American Plc, plans to exit his stake in the diversified mining company.