Business articles

Etihad Airways chief Hogan to step down

Abu Dhabi-based Etihad Airways said Tuesday its president James Hogan will step down in the second half of 2017 after leading the fast-growing Gulf carrier for more than 10 years.

EasyJet expects bigger earnings hit from weak pound

EasyJet expects full-year profits to suffer a bigger-than-expected hit with the pound down sharply since the Britain voted to exit the European Union, the low-cost airline said Tuesday.

What now for the TPP?

US President Donald Trump has abandoned the Trans-Pacific Partnership, leaving the ambitious trade agreement in limbo. Here are some key questions about the pact which supporters said would write the rules for 21st century commerce:

Australia opens door to China in push to save TPP

Australia said Tuesday it hoped to recast the Trans-Pacific Partnership without the US and opened the door for China to sign up after President Donald Trump ditched the trade pact.

Dollar ekes out gains in Asia after sharp losses

The dollar managed a small recovery against its major peers in Asia on Tuesday but retreated on most other regional units after Donald Trump’s Treasury Secretary nominee said a strong currency could hurt the US economy.

Impatient Chinese chase football glory at all costs

European clubs Inter Milan, Aston Villa and Sochaux have had a high turnover of managers since Chinese takeovers, sparking fears that their trigger-happy new owners have little patience and no strategy.

Samsung Q4 profit leaps 50% to 9.22 trillion won: firm

Samsung Electronics reported a 50.2 percent jump in fourth-quarter profits on Tuesday despite the humiliating Galaxy Note 7 recall that hammered the reputation of the world’s largest smartphone maker.

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