SINGAPORE/SHANGHAI (Reuters) - China Eastern Airlines Corp Ltd (600115.SS) (0670.HK) said on Friday it is buying a 10 percent stake in Europe's Air France KLM SA (AIRF.
British Airways owner IAG has reported a surge in profits, despite taking a hit from a major IT failure that caused travel chaos for tens of thousands of passengers in May.
Amazon reported its second-quarter earnings today, and it was a bit of a whiff - and a bummer for Jeff Bezos, who is now no longer the Solar System's richest human and has been relegated to the unfortunate position of second-richest human.
It damaged cars with scorching reflected sunlight, has been accused of creating a wind tunnel that can topple pedestrians and has split the capital into lovers and haters.
Economic confidence among British people has deteriorated to its lowest print since the Brexit referendum, according to a widely followed survey released on Friday.