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British Annual Inflation Slows to 2.3 Percent

UK annual inflation slowed in November, partly thanks to falling motor fuel prices, official data showed on Wednesday.

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Asian Markets Mixed ahead of Fed, Oil Struggles to Recover

Most markets were mixed in Asia Wednesday as investors moved cautiously after the previous day's sell-off, while focus is on a Federal Reserve policy decision with opinions split on whether or not it should hike interest rates again.

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British Airways Announces Return to Pakistan after a Decade

British Airways will resume flights to Pakistan next summer, the carrier announced Tuesday, in a major vote of confidence from a Western airline a decade after suspending operations due to security fears.

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War-Ridden Yemen's other Frontline -- the Central Bank

Cashiers sort through large stacks of money inside a ragged building that is Yemen's central bank, another frontline in a ruinous conflict as it fights to stave off economic collapse.

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Google Parent Co. Alphabet Announces $1 bn NYC Real-Estate Expansion

Google's parent company Alphabet said Monday it was investing over $1 billion in capital improvements to establish a new campus in New York City.

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Hitachi to Buy Majority Stake in ABB's Power Grid Arm for $6.4 bn

Japan's Hitachi on Monday announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB for $6.4 billion, in what would be its biggest ever buyout.

The deal would make Hitachi the world's largest power grid company, local media said.

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Nissan Meets to Replace Ghosn, as Tensions with Renault Grow

The board of automaker Nissan meets Monday to discuss replacing former chairman Carlos Ghosn after his arrest for financial misconduct, as tensions grow in the firm's alliance with Renault.

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Tokyo Stocks Gain on Bargain-Hunting

Tokyo stocks gained slightly on Monday as investors bought on dips following a sharp decline late last week, as their focus shifted ahead of a US Federal Reserve meeting.

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France's LVMH Says to Buy Luxury Hotel Group Belmond for $3.2 bn

French luxury giant LVMH said Friday that it had reached agreement to buy hotel group Belmond, whose properties include the Copacabana Palace in Rio de Janeiro and Cipriani in Venice, in a transaction worth $3.2 billion (2.8 billion euros).

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China Says to Suspend Extra Tariffs on US Cars, Parts

China announced Friday it will suspend extra tariffs added to US-made cars and auto parts for three months starting on January 1 as part of the trade war truce with the United States.

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