AirAsia mulls dual Airbus jet order but how much will it pay?

FARNBOROUGH, England (Reuters) – AirAsia (AIRA.KL) is discussing the possible purchase of another 100 Airbus A321neo jets as the company’s chief executive officer, Malaysian entrepreneur Tony Fernandes, and Airbus go down to the wire in parallel negotiations for an expanded order for larger A330neo jets, industry sources said. FILE PHOTO: Tony Fernandes, CEO of AirAsia, holds a media event in Bangkok, Thailand May 15, 2018. REUTERS/Soe Zeya Tun/File Photo Fernandes may attend this week’s Farnborough Airshow where the two sides

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What If Tariffs Cost Trump The Farm Vote?

In 1977, Jimmy Carter made an improbable journey from Georgia peanut grower to Democratic president in part by playing on his humble roots and receiving support from America’s farmers. Yet this bedrock voting constituency abandoned a fellow farmer to back Ronald Reagan four years later, after Carter punished Moscow for invading Afghanistan by cutting off grain sales to the Soviet Union. U.S. farmers were already struggling with collapsing crop prices, and the embargo may have been the final straw. Farmers

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Rented property licensing: crackdown on rogue landlords or money grab? | Money

Landlord licensing schemes are popping up all over the country as local authorities attempt to crack down on rogue operators. Nottingham city council’s scheme starts next month, while the London borough of Bexley’s begins in October, and Brighton is awaiting official approval for a scheme that would affect 27,000 properties. Luton is one of a number of other areas discussing the idea. How these typically work is that all landlords pay several hundred pounds for a licence, and they, and

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Development-impact bonds are costly, cumbersome—and good

IF A girl in a poor country goes to school, she will probably have a more comfortable life than if she stays at home. She will be less likely to marry while still a child, and therefore less likely to die in childbirth. So, not surprisingly, there is an Indian charity that tries to get girls into school and ensure they learn something, and there are Western philanthropists willing to pay for its work. What is noteworthy is how they

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Column: Infantino fawns over Putin, politicizes soccer body

MOSCOW (AP) – When Gianni Infantino is in the orbit of Vladimir Putin, the head of world soccer cannot stop beaming. Particularly when he’s juggling a ball in the Kremlin or sharing screen time with Putin as they watched the World Cup. Two years after his election, FIFA’s president gives the impression of a man who can’t believe the elevated circles of power he is allowed to mix in. “We are a team,” Infantino told Putin ahead of the World

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‘America First’ could turn into ‘India First’

America is great because of its willingness to accept talented immigrants. That’s what Nandan Nilekani, the billionaire co-founder of Infosys Technologies, would tell President Trump if he had the opportunity. “If you really want to keep the U.S. … globally competitive, you should be open to overseas talent,” Nilekani said on the sidelines of CNN’s Asia Business Forum in Bangalore. Infosys (INFY) is India’s second-largest outsourcing firm, and a major recipient of U.S. H-1B visas. The documents allow the tech

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Entrepreneur targeted in Indian financial dispute eyes fashion chains

The high-street fashion chains Oasis, Warehouse and Coast are being ­targeted for a takeover by an Indian-born entrepreneur targeted with an Interpol alert over a financial dispute. Ajay Khaitan’s private equity firm Emerisque Brands is understood to be in exclusive talks about buying the ­retailers from Icelandic bank Kaupthing in a £60m deal. Indian authorities issued an arrest warrant on Mr Khaitan over allegations he was involved in “submitting fake and fabricated documents” relating to an almost 30-year-old dispute over invoice

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Jobs growth declined in June

The unemployment rate ticked up to 4 percent after falling to 3.8 percent in May. | Erik Schelzig/AP Photo The tight labor market continued to produce bafflingly weak wage growth. By IAN KULLGREN 07/06/2018 08:35 AM EDT Updated 07/08/2018 03:33 PM EDT 2018-07-08T03:33-0400 Job growth decelerated in June, the government reported Friday, as employers struggled to find qualified workers to fill an abundance of job openings. The Labor Department reported 213,000 new jobs in June, down from 244,000 added in

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Investors pull $1.85 billion from U.S.-based equity funds: Lipper

(This July 12 story corrects data after Lipper revision on U.S.-based corporate investment-grade bond funds in paragraph 9.) FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 11, 2018. REUTERS/Brendan McDermid By James Thorne NEW YORK (Reuters) – Investors withdrew $1.85 billion from U.S.-based equity funds in the week ended Wednesday despite strong stock market performance during the same period, according to Lipper data released on Thursday. The data showed

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Iowa, Illinois investigating infections linked to McDonald’s salad

(Reuters) – The Iowa and Illinois health departments said on Thursday that they were investigating cyclospora infections linked to salads at McDonald Corp’s (MCD.N) restaurants. McDonald’s shares fell 1.4 percent after-hours on Thursday. The Illinois Department of Public Health said it had seen about 90 cases, and the Iowa Department of Public Health said it had recorded 15 cases. In about one-fourth of the Illinois cases people reported eating salads from McDonald’s in the days before they became ill. FILE

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