Wed04252018

LAST_UPDATEWed, 25 Apr 2018 8pm

Qantas Airways Sees Record Half Year Profits

Pic: Getty Images

Australia's national flag carrier, Qantas Airways, has posted record profits for the six months to December.

Read more: Qantas Airways Sees Record Half Year Profits

Federal Reserve Policymakers More Confident About Economy

Pic: Getty Images (Jerome Powell arrives to be sworn-in as the new Chairman of the Federal Reserve on February 5, 2018.)

The US Federal Reserve is preparing for stronger-than-expected economic growth this year, a view that boosts the case for higher interest rates.

Read more: Federal Reserve Policymakers More Confident About Economy

Ford Executive Leaves Over Inappropriate Behaviour

Pic: Getty Images

The head of Ford's US operations is leaving the company immediately following an internal investigation into inappropriate behaviour.

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Netflix, Amazon Win New Favor After Wall Street Sell-Off

SAN FRANCISCO - Netflix Inc, Amazon.com Inc and technology companies poised to benefit from U.S. corporate tax cuts are attracting fresh attention on Wall Street after their shares shrugged off recent market turbulence.

Read more: Netflix, Amazon Win New Favor After Wall Street Sell-Off

AirAsia X Posts Strong Q4 Results

KUALA LUMPUR: AirAsia X Bhd (AAX) recorded a 116 per cent higher net profit to RM84.4 million in its fourth quarter of 2017 from RM39 million in the same corresponding quarter the year before.

Read more: AirAsia X Posts Strong Q4 Results

The Cosmetics Company Selling Siberia To The World

If it wasn't for the intoxicating smell of competing perfumes, you might think that cosmetics company Natura Siberica was making ice cream.

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South Korea Regulator Flags Better Deal For Cryptocurrency Industry

Pic: ReutersSEOUL: A better deal for South Korea’s cryptocurrency industry might be in the offing as the market regulator changes tack from its tough stance on the virtual coin trade, promising instead to help promote blockchain technology.

Read more: South Korea Regulator Flags Better Deal For Cryptocurrency Industry

Bearish Outlook For Europe’s Stocks

Pic: SCMP

The top 50 companies of the 12 euro-zone countries are sometimes known as super-sector leaders.

Read more: Bearish Outlook For Europe’s Stocks

Qualcomm Deals Blow To Broadcom's Bid With Sweetened NXP Deal

Pic: Reuters

U.S. semiconductor company Qualcomm Inc (QCOM.O) on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV (NXPI.O), its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd (AVGO.O).

Read more: Qualcomm Deals Blow To Broadcom's Bid With Sweetened NXP Deal

U.S. Oil Prices Rise On Cushing Draw, Hopes Of Producer Cooperation

Pic: Reuters

NEW YORK: U.S. crude hit a near two-week high in a choppy session on Tuesday amid inventory declines at a key storage hub and on expectations that top producers could extend cooperation beyond 2018, while Brent fell under pressure from a stronger dollar.

Read more: U.S. Oil Prices Rise On Cushing Draw, Hopes Of Producer Cooperation