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Lufthansa union calls for 3-day strike at Germanwings after talks fail

Eurowings, in a separate statement, said 30 of the group's 140 planes fly for Germanwings. Further talks between the airline and the union are planned for Jan. 16-17

Bill Gates to Kylie Jenner: World's richest gained $1.2 trillion in 2019

Jeff Bezos was down almost $9 billion, but that drop is because of his divorce settlement with MacKenzie Bezos.

BSE's small brokers are folding up as technology, regulations outpace them

India had slightly more than 2,400 brokerages as of December 24, down from more than 9,000 in March 2014.

The 'fire and ice' decade that changed everything on Wall Street

At its peak a record $17 trillion stockpile of negative-yielding securities roiled global markets in 2019

Banks set for biggest job cull since 2015; Morgan Stanley lets go 1,500

This year, more than 50 lenders have announced plans to cut a combined 77,780 jobs, the most since 91,448 in 2015

'Cane is king', say sugar traders as India is set to roil the market again

Sugar output in the country is expected to bounce back in 2020-21

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

Reliance Retail runs India's largest chain of neighborhood supermarket stores and consumer electronics stores

Hong Kong malls become flashpoint for protests during Christmas holiday

Pro-democracy demonstrations have been called for the afternoon of Boxing Day at shopping centers in areas including Causeway Bay, Mong Kok and Tsim Sha Tsui

Boeing messages disclose 'very disturbing picture' of 737 Max planes

This was the second time that the Chicago-based company has delayed turning over to the FAA sensitive messages related to the development of the 737 Max

Trump's trade wars expose an abiding truth on the bluff of free trade

The protectionist impulse behind the trade war remains as ineradicable as ever

Stung by record defaults, China vows for more transparent bond handling

Improving the mechanism of handling bond defaults will be essential to prevent and resolve financial risks, and it must be done in a way that is market based

China's first high-speed rail company launches IPO to raise over $5 billion

The listing adds to signs that China is pushing to further open industries dominated by state-owned companies.

Top Nissan exec Jun Seki announces exit abruptly, to join EV maker Nidec

The company's shares fell 3.1% to 633 yen, the lowest since 2011, as of the close Wednesday in Tokyo.

Apple has secret team working on satellites to beam data to devices

Apple's work on communications satellites and next-generation wireless technology means the aim is likely to beam data to a user's device

India's appetite for petroleum products consumption to drop to 6-year low

The nation's consumption of petroleum products in the financial year to March 2020 is expected to rise by 1.3 per cent to 216 million tons, the oil ministry's Petroleum Planning and Analysis Cell said

US House passes North American trade deal; labour rules to get tougher

The House passed legislation to implement the US-Mexico Canada Agreement (USMCA) 385-41, with 38 Democrats, two Republicans and one independent member voting no

Australia fines Volkswagen $86 mn for misleading car buyers about emissions

Volkswagen said separately it will review the assessment, which exceeds an earlier settlement of A$75 million, and may appeal

Embassy group REIT picks Kotak Mahindra, Morgan Stanley for fundraising

The trust selected the banks as advisers, said the people, who asked not to be identified as the discussions are private

Alphabet CEO Sundar Pichai receives hefty pay raise, to get $242 mn in 2020

If Alphabet shares outperform the S&P 100 Index, Pichai could receive an additional $90 million in stock grants.

Military-judiciary clash over Musharraf risks plunging Pakistan into crisis

The military has directly or indirectly ruled Pakistan for much of its existence