A Ryanair aircraft in Frankfurt, Germany. Agence France-Presse
The chief of Europe’s Ryanair Holdings warned the impact of the prolonged grounding of Boeing’s 737 MAX on the airline’s growth plans may start to spill over to next summer if the airplane is not flying again by November.
China on Friday announced tariff hikes on $75 billion of US products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession.
Amid a worsening economic slowdown, US rating agency Moody’s on Friday lowered India’s GDP growth forecast for the 2019 calendar year to 6.2 per cent, from its earlier estimate of 6.8 per cent,
Japan’s core consumer inflation wallowed at a two-year low in July, increasing pressure for the central bank to acknowledge price momentum was slowing and expand its radical stimulus programme.