The majority investor in Malaysia Airlines said on Friday it planned to cut its workforce by 30 percent, or 6,000 workers, in an effort to make the group profitable by 2017.» Read More
Honda is returning to Formula One, confirming that it will renew its partnership with McLaren and supply the British team's engines from 2015. The Financial Times reports.
Foxconn has made substantial progress toward improving safety at its three Chinese plants, but it has not yet reduced the average workweek to the maximum allowed by Chinese law. The New York Times reports.
The paths of Japan and Europe, which have been the sick men of the world economy for years, diverged this week: Japan showed a robust first quarter growth while Europe fell deeper into recession. Will Europe learn from Japan? The NYT reports.
Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalize the economy, shunning policy stimulus for fear it could worsen local government debt.
Overtaking Apple as the world's leading maker of smartphones has stretched Samsung's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.
Beaten-down gold just can't find any love. The yellow metal sold off for a sixth day, plunging nearly $30 at one point.
Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.
A shareholder coup at newly merged commodities group Glencore Xstrata ousted chairman Sir John Bond on Thursday, along with all other former directors from Xstrata.
A wealthy Chinese businessman hired a crew to smash his Maserati with sledgehammers to protest poor customer service, but the story is similar to another incident. Is this a trend or a stunt?
Dubai Police appear to have secured a rare Bugatti Veyron to add to its supercar fleet, making headlines over the last few weeks. Police Chief Dhahi Khalfan Tamim tweeted a picture of the 1001 horsepower car on his verified account.
Bloomberg has quietly launched a wealth management company, putting it in competition with its biggest terminal customers.
Watchmakers Swatch Group and Richemont as well as elevator maker Schindler are among Swiss stocks that stand to gain significantly from a potential free trade agreement between Switzerland and China, analysts told CNBC.
Greek Prime Minister Antonis Samaras headed to China on Wednesday, amid hopes that the world's second largest economy can revive one of the euro zone's most debt laden countries.
Three people were killed when the ceiling of a warehouse fell in at a shoe factory in Cambodia, adding to concerns about safety standards at Asian factories.
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
Even as gold prices tumble a tug of war between physical buyers and institutional sellers will put a floor under the precious metal, said analysts.
Gold investment nearly halved in the first quarter as a brighter view of the U.S. economy prompted investors in the West to favor other assets like stocks over bullion.
Currency pairs rarely trade where they "should," says this forex expert, but he goes ahead and attempts a forecast for the dollar/yen.
While growth in the world's third largest economy, Japan, surpassed expectations in the first quarter, an important pillar of growth was missing: revival in capital spending.
The search for new locations has taken on more urgency after the deadliest industrial accident in the global garment industry's history, a factory in Bangladesh that left 1,127 people dead. The New York Times reports.
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Alvin Liew, Senior Economist at UOB, discusses his expectations for the euro zone inflation data due late Friday and how that will affect the European Central Bank's easing timeline.
Mohshin Aziz, Aviation Analyst at Maybank Investment Bank, hopes that Malaysia Airlines can provide details on its staff and capacity reduction at the announcement of restructuring plans late Friday.
Scott Phillips, Advisor at The Motley Fool Australia, says Virgin Australia's anaemic growth in full-year revenue is expected amid a tough aviation industry.