Business

U.S. President Donald Trump is expected nominate former Delta Air Lines executive Steve Dickson to head the Federal Aviation Administration (FAA) as early as Tuesday, two people briefed on the matter said.

China-based music streaming company Tencent Music Entertainment Group on Tuesday reported a profit of 1.83 billion yuan ($272.7 million) for full-year 2018, in its first earnings report since going public.

IKEA is scouting Mexico's biggest cities for its first store locations in the country, the furniture retailer said, as it expands in Latin America to battle growing competition in its core U.S. and European markets.

Package delivery company FedEx Corp missed analysts' estimates for quarterly profit and cut its full-year earnings per share forecast for the second time, citing weaker global trade growth, sending its shares down 5 percent on Tuesday.

The U.S. Office of the Comptroller of the Currency (OCC) said on Tuesday it had fined Citigroup $25 million for violating the Fair Housing Act by denying some borrowers preferential rates on the basis of their race, color or other factors.

The Uber driver pulled up to the international airport outside Chile's capital. As his passenger jumped into his gleaming Suzuki, he glanced around furtively for signs of trouble.