BUSINESS

Flight data shows China Eastern jet deliberately crashed: report

Microsoft announced a pay increase as tech companies struggle with how to move forward in a post-pandemic world amid inflation and supply chain woes.

US consumers remain resilient even as prices rise

US eases some sanctions on Venezuela to encourage political talks: official

U.S. bond sales by investment-grade issuers will likely decline by around 10% this year as borrowers contend with higher rates and market volatility, a BofA executive said on Tuesday.

Global aircraft leasing faces a new shake-up this week after SMBC Aviation Capital's deal to buy smaller rival Goshawk Aviation for $6.7 billion.

Global aircraft leasing faces a new shake-up this week after SMBC Aviation Capital's deal to buy smaller rival Goshawk Aviation for $6.7 billion.

United Airlines says regulators approved return of Boeing 777s

Trading houses can decide for themselves whether commodity deals with state-controlled Russian companies meet the standard of being "strictly necessary" in order to avoid international sanctions, the Swiss agency in charge of enforcement said on Tuesday.

Societe Generale Chief Executive Frederic Oudea in a surprise move on Tuesday said he would step down next year, bringing to an end what will be a 15-year reign running the lender.

Despite inflation, shoppers across the United States continued to spend more in April, marking the fourth consecutive month of growing retail spending across the economy.

Allianz to pay $6bn to settle US securities fraud cases

Self-driving startup Argo AI on Tuesday said it was having driverless vehicles carry employees around streets of Miami, Florida and Austin, Texas, noting that commercial applications would follow after an unspecified time.

Self-driving startup Argo AI on Tuesday said it had launched driverless vehicles in Miami, Florida and Austin, Texas, but added the vehicles initially were used for in-house testing, with commercial applications following at an unspecified time.

South African grocery and clothing retailer Pick n Pay aims to cut costs by 3 billion rand ($187 million) in the next three years and grow its market share by 3% under a new strategy, CEO Pieter Boone said on Tuesday.

Experts warn arms for Ukraine could end up in wrong hands

Germany's Allianz SE agreed to pay more than $6 billion and its U.S.

Germany's Allianz SE agreed to pay more than $6 billion and its U.S.

"We have more orders of the first Cybertrucks than we could possibly fulfill for three years after the start of production."

U.S. retail sales rose strongly in April as consumers spent more on motor vehicles amid an improvement in supply and increased spending at restaurants, providing a powerful boost to the economy at the start of the second quarter.

United Airlines said on Tuesday the Federal Aviation Administration (FAA) has cleared its Boeing 777 planes equipped with Pratt & Whitney (PW) 4000 engines to return to service, while the wide-body jets are expected to begin flying next week.

Imperial Brands said on Tuesday it was starting to see some recovery of sales of cigarettes in duty-free shops at airports and in popular European holiday destinations as COVID-19 restrictions ease and people begin to travel more.

Walmart profits hit by costs as some consumers shift behavior

Vodafone calls up surging annual profit

Nofe Isah, a 25-year old based in Nigeria, has been investing in crypto since January. Last week, she lost all of her $5,000 in savings as cryptocurrency luna went into free fall.

U.S. stocks climbed on Tuesday, as Citigroup led a surge in bank shares after Berkshire Hathaway disclosed a big stake and solid retail sales in April eased concerns about slowing economic growth.

U.S. coal producers are seeking to boost exports to cash in on soaring prices since Russia's invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook discouraging investments in new mines.

Home Depot Inc raised its annual profit and sales forecasts on Tuesday, easing concerns that demand for home-improvement tools and building materials would take a hit amid surging inflation.

Twitter Inc published its account on Tuesday of its deal negotiations with Elon Musk, showing he opted out of asking the questions about the social media company's business he has now cited in declaring the $44 billion acquisition is "on hold."