RPK recovery for Lufthansa has been lower than peers mainly due to its higher exposure to intercontinental and corporate travel, coupled with significant disruption in its hubs, leading to lower ...

In a statement, Wayfair (W) said that the results marked the company's highest revenue growth and profitability since 2021. Wayfair Chief Executive Niraj Shah described the second quarter as "a ...

Baidu and Lyft are partnering to offer robotaxi services in Europe as the Chinese tech giant scales up its fleet and expands abroad. The companies said Monday that they struck a strategic partnership ...

The partnership with Lyft marks Beijing-based Baidu's first European ride-hailing partner. The company currently deploys more than 1000 autonomous vehicles globally across 15 cities, and has also eyed ...

BP said it discovered oil and gas in the deepwater Santos basin offshore Brazil, a find that could be its largest discovery in 25 years. The British energy giant is seeking to grow its global upstream ...

Even before the award, Musk was already by far the world's richest person, with a net worth of $352 billion as of Monday, according to the Bloomberg Billionaires Index. Second was Larry Ellison, ...

Futures early Monday suggest U.S. stocks will recover a portion of the previous session's chunky fall. The S&P 500's SPX 1.6% retreat on Friday, coming in the wake of soft jobs data and a resurgence ...

Mitsubishi UFJ Posts Lower Net Profit but Backs Guidance The Japanese financial company maintained its fiscal-year profit target. U.K. Bank Shares Rise After Car-Loan Ruling Softens Industry Blow The ...

Tesla's board approved a compensation package consisting of 96 million shares of restricted stock to Chief Executive Elon Musk after earlier pay packages were struck down by a judge. The union ...

Generic brands and bulk buying are on the rise as shoppers find themselves in a summer of economic uncertainty. It's a Scorching Hot Summer for Deals on Wall Street. Vacation Can Wait. The busiest ...

The Bank of England is expected to lower its key interest rate for a fifth time Thursday, sticking to a cautious removal of the restraints it has placed on the economy at a time when inflation remains ...