Delta Air Lines CEO Ed Bastian is more confident about demand in the second half of the year due to price-sensitive passengers in the US showing restraint in recent months amid a worsening economic climate.
Demand should “tick up a bit” in the period, Bastian said in an interview with Bloomberg Television in New Delhi on Sunday. That’s after Delta suffered weakness in bookings predominantly in the US market and among leisure travelers in its main cabin earlier this year, he said in an interview with Bloomberg's Guy Johnson. (Source: Bloomberg)
At least 22 people were killed near two aid-distribution stations in the Gaza Strip, the latest setback to a new humanitarian relief operation backed by Israel and the US as a way of sidelining Hamas.
Emerging market carry trades are taking off again, as currency volatility subsides amid signs President Donald Trump’s aggressive tariffs may not get fully enacted.
Australian home prices climbed for a fourth straight month, driven by a second interest rate cut by the country’s central bank and expectations more will follow later this year.
When people talk about algorithmic traders, it evokes images of rooms full of math PhDs creating complex models that place huge trades in milliseconds after economic or earnings data is released. But now, it’s retail traders who are turning in droves to automated trading, building the kind of programs in their basements more associated with Wall Street banks than the Reddit thread r/wallstreetbets.
Struggling solar-module manufacturer Meyer Burger Technology AG requested an extension of the deadline to present its 2024 financial results after its German units filed for insolvency proceedings.
The Trump administration is preparing to ease rules imposed on the largest US banks following the 2008 financial crisis, Politico said, citing people with knowledge of the discussions.
Thousands of people gathered in dozens of cities across Bulgaria to protest against the adoption of the euro as authorities prepare to switch to the European Union’s single currency early next year.
How long will it take to address the outages plaguing our air traffic control system? Embry-Riddle Aeronautical University Air Traffic Management Program Coordinator Michael McCormick says it won't happen overnight, even as the Trump administration calls for an overhaul of the system. (Source: Bloomberg)
Ukrainian drones hit several Russian military airfields Sunday, including Belaya military base deep in eastern Siberia, according to a source with Ukraine’s Security Service.
The global aviation industry is benefiting from lower oil prices because they’re bringing down the cost of kerosene, the head of the IATA industry association said.
Undersea cables carry 99% of the world's internet traffic, but how do these cables work, and are they worth the investment? Google’s first employee of its subsea unit, Jayne Stowell weighs in on how the company paved the way for hyperscalers to take over an industry once controlled by telecom giants. (Source: Bloomberg)
Taiwan’s Central Bank strengthened its warning to local trading companies over their currency purchases as it seeks once again to tamp down speculation on foreign exchange markets and maintain the stability of the Taiwan dollar.
Ukraine came under one of the longest barrages from Russian missiles and drones early Sunday, with air sirens lasting for more then 9 hours, ahead of planned talks between Kyiv and Moscow this week.
Vietnam’s Ministry of Finance is proposing an investment policy for a 51.5 trillion dong ($1.98 billion) luxury casino complex in the northeastern province of Quang Ninh, home to Unesco World Heritage Site Ha Long Bay, VnExpress International news website reported.
Mexican voters head to the polls on Sunday to begin picking judges in an unprecedented election that could give President Claudia Sheinbaum broad influence over a revamped judiciary, the only branch of government her party doesn’t control.
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