Airbus and Boeing wheeled out the usual round of order announcements at the Paris Air Show on Wednesday, but alongside the big ticket purchases, the aerospace rivals are also eyeing the lucrative maintenance and servicing market as they seek to boost growth.

Toshiba said Wednesday it will hold exclusive talks with a consortium of US, South Korean and state-backed Japanese investors to sell its prized memory chip business, as the loss-hit conglomerate scrambles to raise cash.

Ford will import its next-generation Focus sedans into the US market from China, after a highly-publicized move to cancel plans to build the car in Mexico, the company announced Tuesday.

Angola's capital Luanda has overtaken Hong Kong to become the costliest city in the world for expats, Mercer's annual survey said Wednesday.

Apple has expanded its legal battle against Qualcomm, accusing the US chip maker of charging for invalid patents in the latest twist in the clash between the two tech giants.

Emirates, the Middle East's largest airline, is looking to the region's biggest economy, Saudi Arabia, to help make up for a drop in demand that has forced it to keep five aircraft grounded.

Takata shares plunged again Wednesday, losing almost half of their value in just three days of trading on reports the troubled Japanese

OIL-RICH Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to introduce value-added tax in 2018 to plug budget gaps.

UBER said Wednesday that its embattled chief executive Travis Kalanick had agreed to step down from his job, as the company tries to clean up a corporate culture that has sparked charges of harassment and discrimination.

BOARDED-UP homes became a ubiquitous symbol of the US housing crash, with once-prosperous neighborhoods left to decay as mortgage defaults soared and no new buyers emerged.

China on Wednesday hailed the acceptance of its stocks in a leading US-based index of emerging market shares as a signal of confidence in the Asian power's economy after three previous rejections.

The outlook for inflation and the future of financial stability are emerging as dueling concerns at the heart of a debate at the US central bank over how fast to proceed on future interest-rate hikes.

M Kamal Hossain was promoted as the managing director of Southeast Bank on Tuesday, according to the lender.

Oil was mostly flat on Wednesday, after paring earlier losses, but was set for its biggest price drop in the first half of the year since 1997, a sign that investors are discounting evidence that major producers are sticking to a deal to cut output.

Bangladesh Bank has advised all scheduled banks to distribute relief and financial assistance among the people affected by the recent landslides in Chittagong hill tracts areas.

Lockheed Martin signed an agreement with India's Tata Advanced Systems on Monday to produce F-16 fighter planes in India, pressing ahead with a plan to shift its Fort Worth, Texas plant to win billions of dollars worth of order from the Indian military.

The head of a major Taiwanese bank has been detained on suspicion of granting illegal loans, just months after another banking scandal rocked the island's financial sector.

Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting production.

Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election.

Facebook Inc has received an in-principle approval to set up a domestic unit in Indonesia, said a senior government source from the Southeast Asian nation, home to the social networking giant's fourth-largest user base.