Business and Economy

Business and Economy Latest News

American Airlines pulls 2025 forecast on economic uncertainty
American Airlines pulls 2025 forecast on economic uncertainty
by  AFP

American Airlines withdrew its full-year profit forecast Thursday, citing economic uncertainty that has clouded its outlook for hiring and capacity additions. While American plans to add between two and four percent flying capacity in the second quarter, the outlook is fuzzier for the second half of 2025.

European carmakers on China charm offensive as sales droop
European carmakers on China charm offensive as sales droop
by  AFP

Once blithely dominant in China, European automakers are now launching full-fledged charm offensives at consumers in the world's largest car market, seeking to claw back sales lost to domestic rivals. Volkswagen, the largest foreign automaker operating in the country, announced that by 2027 it would release more than 20 new cars for the local market.

Energy

Money

Industry

Technology

Economy