Australian flag carrier Qantas on Thursday confirmed it would not take up eight Airbus A380s already ordered -- the latest blow for the European airspace firm. In a statement, Sydney-based Qantas said it would focus instead on refurbishing its existing 12 Airbus super-jumbo planes....

Brazil's aircraft maker Embraer said Wednesday it has finalized a contract to sell 12 light attack aircraft to Nigeria's air force, which is fighting an insurgency by Boko Haram jihadists. Embraer's military aircraft division said in a statement it and a partner firm making electronic...

Both sides in the US-China trade negotiations are making a "big commitment" to reach an agreement by the March 1 deadline, US Treasury Secretary Steven Mnuchin said Wednesday. President Donald Trump and Chinese leader Xi Jinping agreed to a 90-day truce in the ongoing trade war, but US...

Russia has become a world-class saver. So much gold has piled up in its central bank that Russia surpassed China last year to become the world’s fifth-largest holder of gold. The International Monetary Fund often has to badger developing nations to bulk up foreign currency reserves. Russia...