Berlin-based airline Germania has filed for bankruptcy and cancelled all flights with immediate effect, the company said early Tuesday. The airline with 37 aircraft had flown mainly Mediterranean, North African and Middle Eastern holiday routes for German sun-seekers on package trips, and...

U.S. sanctions on Venezuelan oil company PDVSA will affect the global market negatively, the oil minister said Monday. In an interview aired by private broadcaster Televen, Manuel Quevedo, also president of the oil company, commented on U.S. sanctions imposed last week on PDVSA and its U.S....

Wall Street gained on Monday to hit session highs boosted by technology shares ahead of Alphabet’s earnings, the last FAANG stock to post quarterly results.  FAANG earnings have been a mixed bag so far, with Apple Inc and Facebook Inc posting better-than-expected quarterly results last...

Bill Gross, once the global bond market’s most influential investor and prognosticator, will retire in coming weeks from Janus Henderson Group Plc, ending an attempt to reclaim the stature he had previously enjoyed as head of the world’s largest fixed-income investing firm.  Gross,...