Year: 2019

London-based Standard Chartered PLC has agreed to pay $1.1 billion for sanctions-controls lapses, the U.S. Federal Reserve said.

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U.S. President Donald Trump said on Tuesday the United States would impose tariffs on $11 billion worth of European Union products, heightening tensions over a long-running transatlantic aircraft subsidy dispute that threatens to become a broader trade battle.

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Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will see the U.S. automaker cease its independent operations in the country, two sources with direct knowledge of the talks told Reuters.

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U.S. casino operator Wynn Resorts Ltd said on Tuesday it terminated takeover discussions with Crown Resorts, hours after the companies confirmed that they were in talks for an acquisition of the Australian rival.

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Oil slipped from a five-month high above $71 a barrel on Tuesday as Russian comments signaling the possible easing of a supply-cutting deal with OPEC countered concern that violence in Libya could further tighten global markets.

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Billionaire Mike Ashley’s Sports Direct said it did not intend to make an offer to buy Debenhams after lenders took control of the ailing retailer on Tuesday.

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American Airlines Group Inc on Tuesday trimmed its first-quarter forecast for unit revenue as it canceled hundreds of flights during the period, mainly due to the groundings of its 24 Boeing 737 MAX planes.

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Casino operator Wynn Resorts Ltd said on Tuesday it terminated takeover discussions with Australia’s Crown Resorts.

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April’s stocks rally risked running out of puff on Tuesday, as a U.S. threat to slap tariffs on hundreds of European goods and expectations of another chunky chop to the IMF’s global growth forecasts tested investors’ stamina.

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American Airlines Co Group Inc said on Tuesday its first-quarter revenue per available seat mile would be below its previous forecast due to the groundings of its 24 Boeing 737 MAX 8 planes and the U.S. government shutdown.

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Top U.S. retirement plan administrator Principal Financial Group said on Tuesday it would buy Wells Fargo & Co’s retirement plan services business for $1.2 billion, as it seeks a larger presence in markets serving mid-sized companies.

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Bank of America Corp said on Tuesday it would raise its minimum wage to $20 per hour in increments over a two-year period.

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American Airlines Co Group Inc said on Tuesday its first-quarter revenue per available seat mile would be below its previous forecast due to the groundings of Boeing 737 MAX planes and the U.S. government shutdown.

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U.S. President Donald Trump said on Tuesday the United States would impose tariffs on $11 billion of products from the European Union, a day after U.S. trade officials proposed a list of EU products to target as part of an ongoing aircraft dispute.

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Orders for Saudi Aramco’s debut international bonds topped $100 billion on Tuesday, a record breaking vote of market confidence for the oil giant despite some investor concerns about government influence over the company.

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