Over the last decade, low-cost airlines have dominated the air travel sector. Around the world, passengers have become accustomed to being able to fly 2,000 miles for as little as $20. The rapid rise of low-cost airlines all over the globe, including Norwegian Air, and the Air Asia Group, has driven
Weather reporting is entering a new phase, promising safety and operational benefits; 40 global airlines collaborate with the World Meteorological Organisation on the Aircraft Meteorological Data Relay program, sending temperature, wind and humidity data from airborne aircraft
US homebuilding dropped more than expected in September as construction activity in the South fell by the most in nearly three years, likely held down by Hurricane Florence. Other details of the report published by the Commerce Department yesterday were also soft.
India’s bullet train project is moving at the pace of a commuter train instead. A year after the project was kicked off, only 0.9 hectares of land have been acquired out of the 1,400 hectares needed, according to the Indian government company leading the project.
China’s new bank loans rebounded in September after dipping in the two previous months, central bank data showed, but overall credit conditions stayed tight in an economy chilled by an ongoing tariff war with the United States.
Asian markets staged a much-needed rally yesterday as investors tracked Wall Street’s best performance in more than six months thanks to a healthy round of earnings reports. Bargain-buyers took advantage of the strong readings from some of the world’s top firms to step back into the mix, with a dip
China’s efforts to arrest destabilising declines in domestic stocks in recent years have become so well recognised that market players coined the term “the national team” to describe buying by state-owned funds. In the latest bout of turmoil, there’s been a twist.
The alumina market is experiencing a year of unprecedented turbulence. Alumina, which sits in the aluminium production process between bauxite and refined metal, has historically been a highly efficient link in the supply chain.
After another lacklustre quarter for bond trading, most Wall Street banks are moving faster to adopt new technology to improve results, but analysts say the winners of the race must grow market share to combat shrinking margins.