Global Airline Group Cuts 2011 Profit Forecast
SINGAPORE — Global airlines cut their 2011 profit forecast Monday by more than half, to $4 billion, as high oil prices and turmoil in Japan, North Africa and the Middle East weigh on the industry’s...
View ArticleSetbacks for Samsonite and Prada I.P.O.’s in Hong Kong
Prada, the Italian luxury fashion house, lowered the price guidance for its listing in Hong Kong amid feeble demand from retail investors, a person with direct knowledge of the matter said Thursday....
View ArticleFundamentally: The Markets and Greece: Variations on a Theme
HOW worried are investors about Greece’s financial mess? Could it take a huge toll on Europe and upend the global recovery? A standard way to answer such questions is to turn to the financial markets,...
View ArticleI.M.F. Cuts Global Growth Forecast
In its mid-year health check of the world economy, the Washington-based lender also warned global growth could slow further if the pull-back from massive monetary stimulus in the United States triggers...
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