Operationally, jet fuel forms the bulk of variable costs and is a key factor in airline profits. While SIA allows hedging up to 24 months, any price surge would hit profitability. Although changes in ...

Unilever said it acquired U.K. premium cosmetic brand Wild for an undisclosed sum. The consumer-goods company on Tuesday said the acquisition is another step in the optimization of its portfolio ...

Zurich Insurance bought a significant minority stake in Icen Risk to support the U.K. specialist mergers-and-acquisitions insurer's expansion plans in Europe and North America.

U.S. stock indexes were mixed ahead of a deadline of Wednesday for the U.S. to announce sweeping tariffs. The president wants to use tariffs to both raise revenue and negotiate with other countries.

Newsmax shares soared in their first day of trading. The company has raised $300 million from investors in the past month. Noah Ramos, who was fired as a head of operations, said the bank ...

For Maybank economist Erica Tay, the latest signals from the PMI prints suggest that Asian manufacturing is at an inflection point.

Allegro said Marcin Kusmierz will take over from Roy Perticucci as chief executive of Allegro sp. z o.o. on May 5 and of Allegro.eu in June. The Polish e-commerce company on Tuesday said that Kusmierz ...

Aker Solutions has been awarded a contract worth a potential $238 million for work on the second phase of the Northern Lights carbon-storage project in Norway.

A social-media account run by China's state broadcaster said in a Weibo post on Monday that the three countries will strengthen dialogue on supply-chain cooperation and export controls, and plan to ...

OTTAWA--Canadians are no longer more optimistic than people in other developed economies, with satisfaction in the economy, housing and well being all falling to fresh lows, according to a Gallup ...

SYDNEY--The Reserve Bank of Australia kept interest rates unchanged at its policy meeting this week, avoiding political entanglements ahead of an election on May 3 while also awaiting further ...

As the middle- and upper-income classes in China grow and the economy recovers, demand for rapid delivery becomes the dominant consumption trend. This benefits JD.com more than Pinduoduo, which ...