Regions
AirAsia loyalty program in stake sale talks: sources
Malaysian airline AirAsia Bhd's (AIRA.KL) loyalty program is in talks with private equity investors about selling a minority stake, which could value the business at about $330 million, people familiar with the matter told Reuters.
Oil rises on U.S. crude drawdown but oversupply still weighs
Oil prices rebounded on Wednesday, with U.S. crude snapping a five-day decline, after another weekly inventory draw but gains were still limited by a huge supply overhang and concerns about a stronger dollar.
Dow, S&P 500 end slightly lower after Fed minutes
U.S. stocks ended marginally lower on Wednesday after Wall Street saw little in the minutes from last month's Federal Reserve meeting to alter expectations of when the central bank will raise interest rates.
Fed officials see June rate hike as unlikely: minutes
Federal Reserve officials believed it would be premature to hike interest rates in June even though most felt the U.S. economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting released on Wednesday.