London / AFP Oil prices fell on Wednesday, with Brent stuck below $50, after data showed an increase in US crude stockpiles, adding to supply glut concerns. Data from the American Petroleum Institute (API) Tuesday showed US crude inventories rose by 4.5 million barrels last week. Rising stocks indicate weaker demand in the world’s top oil consuming nation and ...

  Bloomberg Qantas Airways Ltd. announced its first dividend since 2009 and handed bonuses to 25,000 workers as Chief Executive Officer Alan Joyce’s turnaround program delivered a record annual profit. Australia’s biggest carrier will pay a final dividend of 7 Australian cents a share and buy back as much as A$366 million ($279 million) of stock, according to a filing ...

  Doha / AFP Qatar Airways, sponsors of FC Barcelona, have branched into a new sport signing a deal with Australian Football League team Sydney Swans, the airline announced on Tuesday. The three-year deal will allow Qatar Airways to receive “prominent branding” at Sydney’s home games and at the club’s training grounds, the airline said in a statement. “We strongly ...