Articles by admin

Oil prices plunged by more than 1.5% to below $61 a barrel on Monday, extending last week’s heavy losses as deepening U.S. trade wars fanned fears of a global economic slowdown.

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Glencore’s long-serving head of oil, Alex Beard, who helped make the firm one of the world’s top three oil trading houses, will retire this month, the company said on Monday as it faces mounting U.S. probes into its activities.

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Thyssenkrupp shares extended their losses on Monday and fell to their lowest levels in almost 16 years.

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JetBlue Airways Corp is in discussions with Airbus SE about the European planemaker’s plans for a longer-range version of its A321neo family as it prepares to jump into the transatlantic market, Chief Executive Robin Hayes said on Monday.

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Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday.

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Malaysia Airlines is looking at its order for 25 Boeing Co 737 MAX jets “very carefully” in light of the global grounding and plans for the first delivery in July 2020 could be delayed, the carrier’s chief executive said on Monday.

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Infineon Technologies expects to keep its investment grade credit rating after its 9 billion euro ($10 billion) agreed acquisition of U.S. Cypress Semiconductor, Chief Financial Officer Sven Schneider said on Monday.

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Oil prices fell by around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown.

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Malaysia Airlines is looking at its order for 25 Boeing Co 737 MAX jets “very carefully” in light of the global grounding and plans for the first delivery in July 2020 could be delayed, the carrier’s chief executive said on Monday.

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U.S. stock futures and commodity prices slipped while bonds rallied on Monday on worries an intensifying Sino-U.S. trade tussle and Washington’s new tariff threats against Mexico could tip the global economy into a recession.

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In ‘Billions’, a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist.

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Italy’s Ferrero is famous for its red-and-white Kinder chocolate eggs. But soon it may hope to be able to slap more green on the wrapper.

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Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday.

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Danske Bank, which has been embroiled in a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros ($458.3 million), LHV said on Monday.

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Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the German company said on Monday.

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