Germany's Lufthansa will bid for Thomas Cook's Condor: CEO

Germany's Lufthansa will bid for Thomas Cook's Condor: CEO

BONN, Germany (Reuters) – Germany’s largest airline Deutsche Lufthansa will make a non-binding offer for Thomas Cook’s Condor with an option to acquire the remaining airlines of the British group, Lufthansa’s CEO said on Tuesday. “We decided yesterday …
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Malaysia cuts interest rate for first time in 3 years

KUALA LUMPUR, Malaysia — Malaysia’s central bank has cut interest rates for the first time in nearly three years to help support growth and counter risks from a global slowdown, trade tensions and extended weakness in commodity prices. Bank Negara …
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A Single Economist Sees Brazil Cutting Rates This Week

Only one of the 28 economists surveyed by Bloomberg expects Brazil's central bank to cut its benchmark interest rate on Wednesday. Yet his call
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Amazon Go opens for the first time in New York. And the cashier-free store will accept cash

Amazon is finally bringing its cashier-less convenience store to New York. And it will also mark the first time this type of store, called Amazon Go, accepts cash. The e-commerce company announced Tuesday that Amazon Go is opening to the public this week …
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Dalian iron ore rallies as Vale holds reopening of Brucutu mine

BEIJING (Reuters) – China’s iron ore futures rose more than 4 percent on Tuesday, stoked by concerns over tight supply as Vale halted resuming operations at its Brucutu iron ore mining complex. The iron ore terminal is seen at Dalian Port, Liaoning province, …
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