Management and employees’ representatives at Commerzbank, Germany’s second-biggest bank, reached agreement Wednesday on cutting over 5,000 jobs during the next three years.
Asian markets were mostly lower Wednesday, with focus on the US Federal Reserve’s policy meeting later in the trading day, but Tokyo enjoyed another rally as data showed a surge in exports thanks to a weaker yen.
Forced by Syria’s war to sit her secondary school diploma exam in northern Lebanon, Riham Othman, 19, bursts into tears, fearing the Lebanese authorities will never recognise the test results.
Boeing said on Wednesday that US plane leasing firm CIT Aerospace had ordered 30 of its new, medium-haul 737 MAX aircraft in a deal worth $3 billion (2.2 billion euros) at catalogue prices.
Google’s plans to beam the Internet from giant balloons sent to the stratosphere could boost small businesses in rural parts of Asia by connecting them online, the company said on Wednesday.
A tiny Samoan airline says it will introduce an “XL” class for super-sized passengers, featuring extra-wide rows and special ramps to help them reach their seats.
Japan extended a string of trade deficits in May, official data showed on Wednesday, as the country’s import costs rose on the weak yen, but shipments to the United States and China soared.
Three leading shipping companies announced an alliance on three crucial routes on Tuesday in a strategy to face over-capacity and declining demand for transportation.
In a rural classroom in the Thai highlands, hill tribe children energetically slide their fingertips over tablet computer screens practising everything from English to mathematics and music.
The hedge fund that has called on Sony to list part of its profitable entertainment arm has boosted its stake in the company, a report said Tuesday, days ahead of a shareholders’ meeting.