The chief executive and head of finance at Jet Airways have both quit, the Indian company said on Tuesday, further eroding hopes of a rescue of the debt-laden carrier that grounded operations last month.
UniCredit has engaged investment bankers, including a former top German official, to advise it on a potential bid to buy Commerzbank, according to three people familiar with the matter.
Walt Disney Co said it has signed a pact with Comcast Corp to assume full operational control of Hulu, effective immediately.
Volkswagen workers backed a restructuring of the world’s largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros ($1.1 billion) on a new battery cell production plant near its headquarters in Lower Saxony.
U.S. stock index futures indicated gains at the open on Tuesday, as optimistic comments from Washington and Beijing took the edge off market concerns about a further escalation in trade war.
Facebook’s WhatsApp said on Tuesday a security breach on its messaging app had signs of coming from a private company working on surveillance and it had referred the incident to the U.S. Department of Justice.
Huawei is willing to sign no-spy agreements with governments, including Britain, the Chinese telecommunications company’s chairman said on Tuesday as the United States pressures European countries to shun the firm over spying concerns.
U.S. President Donald Trump on Tuesday defended his trade war with China as tensions escalated and markets extended their losses, promising a deal with Chinese President Xi Jinping soon, even as fears escalated about a protracted battle.
Oil prices rose sharply on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco.
World stocks held near two-month lows on Tuesday as slightly more optimistic comments from U.S. and Chinese officials on trade brought some comfort, a day after equities suffered their worst selloff so far this year.
China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful.
U.S. President Donald Trump on Tuesday defended his trade war with China as tensions escalated and markets extended their losses, promising a deal with Chinese President Xi Jinping soon, even as fears escalated about a protracted battle.
Executives from U.S. liquefied natural gas (LNG) companies Cheniere Energy and Tellurian on Tuesday said they view the trade dispute between China and the United States as temporary, with no major impact on their ability to sell LNG.
Saudi Aramco aims to boost its oil supply to Europe by 300,000 barrels per day (bpd) within the next two years as it expands its trading operations there with an office opening this summer in London, a senior company executive said.
Facebook’s WhatsApp has informed its lead regulator in the European Union, Ireland’s Data Protection Commissioner (DPC), of a serious security vulnerability on its platform, the DPC said on Tuesday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
