Deutsche Lufthansa AG and Wizz Air Holdings Plc slid after reporting robust quarterly results, as investors focused in on capacity constraints and cost pressures that will prevent the carriers from taking full advantage of demand for air travel.
Academics condemned India for the lack of freedom to publish research, after an economist was trolled on social media for a paper that posited electoral manipulation by Prime Minister Narendra Modi’s party.
Fewer Americans can afford to foot a $400 emergency expense compared with last quarter, according to a new survey.
Toronto home sales fell in July for a second-straight month as the resumption of rate hikes by the Bank of Canada appeared to cool the market.
Chinese authorities are intensifying a crackdown on some commodities transactions they view as offering little economic benefit, leading to a pullback by industry participants that’s poised to reduce both trading volumes and volatility in the domestic market.
The UK’s biggest banks stand to gain billions this year from hedging against rising rates.
South Korean experts created a committee to verify claims about a potential breakthrough in superconductor technology that have been driving both excitement and controversy among markets and industry participants.
Singapore worked closely with the UK to investigate and prosecute Formula One mogul Bernie Ecclestone, according to a written reply to parliamentary questions by Deputy Prime Minister Lawrence Wong.
Most European banks beat profit estimates for the second quarter, with surprisingly robust loan portfolios providing a major boost to their earnings.
ING Groep NV reported second quarter profit that beat analyst estimates as it set aside less money for soured loans.
