Recent Posts

Oil output hopes boost European stocks

  London / AFP European stocks rebounded on Wednesday, brushing aside a broad retreat across Asia, as oil prices pushed higher and Deutsche Bank shares rose, recouping some of their previous days’ losses. London’s benchmark FTSE 100 index increased by 0.6 percent. In the eurozone, Frankfurt’s DAX 30 was up 0.7 percent at the close the Paris CAC 40 gained ...

Read More »

Delta mulls $2.3bn plane purchase for regional fleet

  Bloomberg Delta Air Lines Inc. is studying a purchase of roomier regional jets with a list value of as much as $2.3 billion — provided the company can get the pilots’ union to accept an overhaul of the small-plane fleet. The Atlanta-based carrier told the Air Line Pilots Association it wants the option of adding as many as 50 ...

Read More »

Wal-Mart in talks to invest $1bn in Flipkart

  Bloomberg Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt. Ltd, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter. Wal-Mart, the world’s largest retailer, would take a minority stake in Flipkart, the person said, asking not to be identified ...

Read More »
Send this to a friend