FRANKFURT/BERLIN Lufthansa has submitted a letter of interest in Air Berlin's Niki unit and other parts of the insolvent carrier, a source familiar with the talks said on Wednesday.
Recent Business News
MUMBAI/SINGAPORE India's Reliance Industries Ltd expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive said on Wednesday.
U.S. stocks were lower in early afternoon trading on Wednesday after President Donald Trump warned of a government shutdown to secure funds to build the Mexico border wall, adding to nerves as the deadline to raise the U.S. debt ceiling looms.
NEW YORK Two Harvard University researchers said in a study published on Wednesday they had collected scientific data proving Exxon Mobil Corp made "explicit factual misrepresentations" in newspaper ads it purchased to convey its views on the oil industry and climate science.
LOS ANGELES McDonald's Corp on Wednesday said that it would begin curbing the use of the high value human antibiotics in its global chicken supply in 2018, as the fast-food giant joins a broad effort to battle dangerous superbugs.
NEW YORK Oil prices rose on Wednesday after U.S. crude inventories declined for the eighth straight week and a storm approached the Gulf Coast with the potential to disrupt oil and refined products output.