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Top News7 News

BusinessStory by Reuters (Reuters) — Australia’s Qantas QAN.AX said on Wednesday it will close Jetstar Asia, the group’s Singapore-based budget airline, as it reels with rising supplier costs, higher airport fees and intensifying competition among low-cost carriers. The move will free A$500 million ($326.40 million) in capital for the flag carrier to invest in its fleet renewal plans. Qantas said that 13 Jetstar Asia Airbus A320 aircraft will be progres…See the Story
Qantas to Close Low-Cost Arm Jetstar Asia
38% Left coverage: 40 sources

Donald Trump · AustraliaHONG KONG: Asian shares were rattled on Thursday (Jun 12) after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks, reigniting trade war fears soon after reachingSee the Story
Asian Shares Stumble After Trump's Latest Trade Threat
53% Center coverage: 17 sources