NEW DELHI State-run Air India will revamp its business and first class cabins on international flights to try to boost revenues by wooing more high-paying passengers, a top company official said on Friday, days after a plan to privatise the ailing airline was called off.
Recent Business News
In the years before he became president of the United States, Donald Trump owned luxury German cars. Now, pricey European convertibles are among the vehicles that could become rare on American roads if Trump's proposal to slap tariffs on imported cars takes effect.
FRANKFURT Volkswagen is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member Stephan Weil told a newspaper.
(Corrects Xiaomi's scheduled listing date is July 9, not July 7, in par 2)
ATHENS After long insisting he would only wear a neck tie when Greece's debt problem was settled, Prime Minister Alexis Tsipras duly did so on Friday, after euro zone peers offered debt relief that marks a turn away from the country's long crisis.
VIENNA Iran's oil minister Bijan Zanganeh said on Saturday that OPEC and its allies will increase oil output by close to 500,000 barrels per day after agreeing a new production deal on Friday.