admin June 21, 2018

India’s government was hoping to raise billions selling the national airline to a private buyer. Now it’s likely to have to spend billions instead to keep it flying after being forced to shelve the sale. The effort to sell state-owned Air India “is over” for the time being, senior aviation official Jayant Sinha said at […]

admin June 21, 2018

ULF DANIELSSON is thinking of buying a holiday home—or even a new house, so that he, his wife and two children can have a garden and more space than in their flat in Uppsala. He can afford either, he says, and as a professor of astrophysics is surely able to work that out. But he […]

admin June 21, 2018

IN his book about the use of language, “The King’s English”, Kingsley Amis describes a tug-of-war. On one side are “berks”, careless and coarse, who would destroy the language by polluting it. On the other side are priggish “wankers”, who would destroy it by sterilisation. Get our daily newsletter Upgrade your inbox and get our […]

admin June 21, 2018

Saudi Arabia wants OPEC to boost oil supply to keep its customers satisfied. And it thinks other producers will agree. Saudi Energy Minister Khalid Al-Falih said Thursday that OPEC members and other countries who agreed in November 2016 to cut output should increase supply by about one million barrels per day to prevent a shortage. […]

admin June 21, 2018

Trade war? What trade war? Investors continue their infatuation with big tech stocks despite worries about the US and China slapping tariffs on each other. All four of the so-called FANG stocks hit record highs on Wednesday. So did the Nasdaq, which is up 12% this year. The Dow is down 1%. Netflix (NFLX), Amazon […]

admin June 21, 2018

The world is losing dozens more Toys “R” Us stores. Efforts to find a buyer for the retail brand’s Australian business have failed after all interested parties pulled out of the sale process, according to administrators who were appointed to run the struggling operations. The 44 Toys “R” Us and Babies “R” Us stores across […]

admin June 21, 2018

Iran says that OPEC and other major oil producers should stick with an agreement that curbs output. Iranian oil minister Bijan Zanganeh said in an exclusive interview on Wednesday that previously agreed limits on production remain the best way to balance global oil supply, demand and prices. Zanganeh told CNNMoney’s Emerging Markets Editor John Defterios […]

admin June 21, 2018

Click chart for more in-depth data. 1. Stress tests: The US Federal Reserve will release its annual assessment of big banks on Thursday. The stress tests, put in place after the 2008 financial crisis, are designed to make sure banks are healthy enough to withstand an economic downturn. Six foreign banks will be included this […]

admin June 21, 2018

After the thrill of buying a new home wears off, new owners can get overwhelmed thinking about all the new costs incurred. You may be tempted to outsource it all. But maybe you’re not made of money? Besides, there are things that are worth doing yourself. “If you want to DIY changing out the vanity […]