Qantas Plans $100M Share Buyback to Reduce Debt

Qantas Airways Ltd., Australia’s largest carrier, rose the most in more than two months after saying it would buy as much as A$100 million ($104 million) of its own shares with cash from cutting a Boeing Co. order.

Canadian National Beats Estimates After Cutting Costs
02:53 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)
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