Iran is pushing boundaries amid rising tensions in the Gulf, but President Trump has so far not been "compelled" to retaliate militarily, analysts say.World Politicsread more
The deal could be announced as soon as next week, according to the report.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
The U.K. will find out who its next prime minister will be on Tuesday.Europe Politicsread more
UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Two traders say Boeing's on the path to recovery.Trading Nationread more
The Trump administration on Tuesday will propose a rule to tighten food stamp restrictions that would cut about 3.1 million people from the program, U.S. Department of...Politicsread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
Michael Kugelman from the U.S.-based Wilson Center says other issues take precedence in the bilateral dialogue between the United States and Pakistan — namely, Afghanistan and...Asia Politicsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
offer@ (Adds shares)
OSLO/MADRID, July 5 (Reuters) - Shares in budget carrier Norwegian Air rose on Friday after British Airways and Iberia owner IAG denied a Spanish media report it was preparing another offer for the airline.
The shares were up 7% at 0725 GMT, outperforming a flat Oslo benchmark index after rising as much as 12% at the opening of trading.
"We have said that we are no longer interested in Norwegian several times in the last few months. Nothing has changed," an IAG spokeswoman said.
Spanish news website OKdiario reported late on Thursday that IAG would make an offer for Norwegian within a fortnight, citing anonymous sources.
IAG said in January that it would not bid for Norwegian and planned to sell its 3.93 percent shareholding in the company.
Norwegian subsequently raised 3 billion Norwegian crowns ($351 million) to shore up its finances. Norwegian has shaken up long-haul rivals by offering cut-price transatlantic fares, but its rapid expansion has left it with hefty losses and high debts.
($1 = 8.5382 Norwegian crowns) (Editing by Keith Weir)