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American Airlines reports smaller loss, sees travel demand improving
American Airlines reports smaller loss, sees travel demand improving
by  AFP

American Airlines reported a smaller than expected loss Thursday, pointing to robust travel demand from wealthier customers that has offset weakness among lower-income consumers. The big US carrier reported a loss of $114 million in the third quarter, smaller than the $149 million loss in the year-ago period and also better than analyst forecasts.

China vows to boost consumption, national security after key meet
China vows to boost consumption, national security after key meet
by  AFP

China's ruling Communist Party said Thursday the country has to "vigorously boost consumption" and "consolidate national security" in the next five years, state media reported, as a key gathering concluded in Beijing. - 'Good at fighting' - China's leaders also vowed on Thursday to solidify national security, according to Xinhua.

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