Malaysian Airlines

Delta Air Lines, Inc. (NYSE: DAL) traded down 1.8% Tuesday shortly after its global affiliates announced a bid for an embattled airline. In an early round of bidding against other international airlines, Air France-KLM proposed to buy a 49% stake in Malaysia Airlines. Its pitch outlined plans for a...

Four bidders, including three airlines, are reported to have lodged bids for the purchase of a strategic stake in struggling flag carrier Malaysia Airlines Bhd (MAB). Malaysia Aviation Group is parent to MAB along with regional carrier Firefly and domestic operator MASwings, as well as MAB Kargo....

President Barack Obama announced Thursday evening that he had approved the use of U.S. air support in the ongoing Iraqi crisis. With Islamic State militants expanding their stronghold across the northern part of the country, Obama said targeted airstrikes are necessary to prevent the conflict...

Earnings season continues next week, with several heavy hitters set to release earnings. Microsoft (NASDAQ: MSFT) will be closely watched -- as the company recently announced that it is planning to lay off around 14 percent of its workforce in order to accommodate its Nokia acquisition. In...

The euro was steady at $1.3530 at 8:15 GMT on Friday as data from the region suggested the economy was in trouble, and tension between Ukraine and Russia came to an all-time high after a commercial airline was shot down near the Russian border. A Malaysian Airlines passenger aircraft was shot...

US non-farm payrolls data due out later on Friday is expected to show that employers added 200,000 new jobs in March following February’s 175,000 increase. If the data meets expectations, it will add to a growing list of indicators which show that the US economy is on track for growth. The US...

Markets continued to hinge on developments in the tense relationship between the West and Russia. Over the weekend, US Secretary of State John Kerry met with his Russian counterpart Sergei Lavrov to discuss how to deescalate the growing animosity. However, following the meeting Kerry said...

The Chinese government has hinted more spending in order to aid the nation’s stalled economy. Chinese Premier Li Keqiang told the state media that the government was planning to use targeted measures in order to help kick start the Chinese economy. The news boosted share markets in Asia and was...

Tension between the West and Russia flared up over the weekend after NATO’s top commander warned that Moscow could be planning for another takeover. Despite Russian President Vladimir Putin’s reassurance that the Kremlin was not planning any further moves following the annexation of Crimea,...

On Sunday, more than 95 percent of Crimeans voted to leave Ukraine and join Russia in a move that deepened tension between Russia and world leaders. Now that the decision has been made, many wonder if Moscow will annex the small peninsula within a matter of weeks, or take its time to conduct...

Investors remained focused on the state of the Chinese economy on Wednesday morning after the nation released much weaker than expected export data at the beginning of the week. Asian shares tumbled as investors worried that the world’s second largest economy was stuck in a rut. On top of...

The Bank of Japan elected to continue with its massive monetary stimulus at Tuesday’s policy meeting, nothing that the region’s economic growth was on track but that external demand was struggling. The bank was also optimistic about capital expenditure and industrial production, saying domestic...