The peak interest rate era is over. Here's what investors are watching
Central banks around the world are set to kick off or continue interest rate cuts this fall, bringing an end to an era of historically high borrowing costs.
Jenni Reid in asian news
Sustainable Future
The aviation industry still sees so-called "sustainable aviation fuel" (SAF) as the only viable way to meet its decarbonization targets, even as opposition and the potential for higher costs for passengers pose obstacles to the fast-growing sector.
Draghi urges radical European Union reform requiring extra 800 billion euros a year
The European Union needs up to 800 billion euros ($884 billion) in additional investment per year to meet its key competitiveness and climate targets, according to a report from economist and politician Mario Draghi.
Volvo Cars cuts margin and revenue aims after ditching electric vehicle target
Volvo Cars on Thursday scaled back its margin and revenue targets, after announcing it was no longer targeting 100% all-electric vehicle sales by 2030.
Cathay Pacific confirms it expects A350s back in service within days after engine issue
Hong Kong flag carrier Cathay Pacific on Wednesday confirmed it expects to return its Airbus A350 planes to service by the weekend, after an in-flight engine issue triggered a fleet-wide inspection of the aircraft and dozens of flight cancelations.
Rolls-Royce shares rise after Cathay Pacific says A350 engine issue affects limited flights
Rolls-Royce shares were higher Tuesday, making up some of the previous session's losses after Cathay Pacific cancelled several flights upon discovering technical issues in aircraft utilizing the British manufacturer's Trent XWB-97 engines.
Weight loss drugs cut Covid-19 deaths, study finds
People taking the key component of blockbuster weight loss drugs Ozempic and Wegovy were less likely to die of Covid-19 or suffer adverse effects from the virus, researchers found in a new study.
Euro zone inflation falls to 3-year low of 2.2%, backing September rate cut case
Euro zone inflation dropped to a three-year low of 2.2% in August, flash figures from statistics agency Eurostat showed Friday, boosting expectations for a September rate cut from the European Central Bank.