French Prime Minister Edouard Philippe’s government will face a no-confidence vote on Thursday. And while the administration has little chance to lose given its majority, it will force the premier to detail his budgetary plans for 2019.
Airline earnings are set to return to growth in 2019 after stuttering this year, boosted by lower jet-fuel costs and expanding economies, the International Air Transport Association said.
Growing security concerns surrounding Huawei Technologies Co. may help Samsung Electronics Co. challenge the Chinese behemoth in the market for fifth-generation wireless communications, an executive at the South Korean giant said.
Federal Reserve Chairman Jerome Powell has come under increasing pressure from President Donald Trump over the central bank’s gradual increase of interest rates. Trump has said the hikes will stifle the economy’s growth. Powell hasn’t publicly responded.
South Africa’s inflation rate jumped to the highest level since May last year as surging transport costs continue to weigh on the economy.
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