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Airbus Group NV said on Tuesday that it has begun offering airlines a long-range version of its A321neo jetliner, aimed at replacing Boeing Co's 757 jetliner, a long-range single-aisle jet that is no longer in production."The long-range version of the A321neo will be the ideal 757 replacement with true transatlantic range, 25 percent lower fuel burn and true long-range comfort," an Airbus representative ...
Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company's online display advertising business continued to struggle.Shares of Yahoo rose 1.1 percent to $40.61 in extended trading on Tuesday."This is a continuation of what we've seen for most of the last two years," said Pivotal Research Group analyst Brian Wieser, citing ...
The Shanghai Gold Exchange (SGE) is working on plans for China's first forwards and options in gold, sources say, potentially putting China ahead in the race to set an Asian pricing benchmark that might eventually rival the London gold fix.China, which overtook India last year to become the world's biggest consumer of gold, bans trading in commodity options and forwards at present to limit speculation.But ...
Gold rose to a six-week high at above $1,250 an ounce on Tuesday, lifted by broad-based commodities gains and concerns over an economic slowdown in China.A sharp outflow in gold-backed exchange-traded funds and lackluster Asian physical demand, however, indicate a vulnerable price outlook for bullion, analysts said.The yellow metal rose in the face of a stronger dollar and Wall Street rally after data ...
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