Oil prices dropped on Monday as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC’s production cutbacks and U.S. sanctions on Iran and Venezuela.
Investors dumped shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of favour on growing worries about an impending U.S. recession, sending global yields plunging.
Oil prices kicked off the week’s trading with losses as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC’s production cutbacks and U.S. sanctions on Iran and Venezuela.
Boeing Co said it invited airline pilots, technical leaders and regulators for an informational session in Renton, Washington on Wednesday, as part of an effort to share details about the plan to support the return of the 737 MAX to commercial service.
The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favor on growing worries about an impending U.S. recession, sending global bond yields plunging.
S&P 500 e-mini futures turned flat, after rising slightly, on Sunday after U.S. Attorney General William Barr said Special Counsel Robert Mueller had found no evidence of collusion between President Donald Trump’s 2016 campaign team and Russia.
S&P 500 e-mini futures rose 0.19 pct on Sunday after U.S. Attorney General William Barr said Special Counsel Robert Mueller had found no evidence of collusion between President Donald Trump’s 2016 campaign team and Russia.
Telecommunications equipment and software vendor Avaya Holdings Corp is considering a leveraged buyout offer from a private equity firm that values it at more than $5 billion, including debt, people familiar with the matter said on Sunday.
Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal told Reuters.
Uber Technologies Inc will announce plans to acquire Dubai-based rival Careem Networks FZ as early as this week, Bloomberg reported on Sunday, citing people familiar with the matter.
An Ethiopian Airlines executive questioned whether Boeing had told pilots enough about “aggressive” software that pushes a plane’s nose down, a focus of investigation into a deadly crash in Ethiopia this month.
American Airlines said Sunday it will extend flight cancellation through April 24 because of the grounding of the Boeing 737 MAX after two fatal crashes since October and cut some additional flights.
Bayer’s management retains the backing of its supervisory board, its chief executive said, after pressure on the company increased when a second jury in the United States ruled its glyphosate-based Roundup weed killer caused cancer.
The chief executive of Ethiopian Airlines has rejected media reports that optional equipment for Boeing 737 MAX planes was critical for safety aboard a flight that crashed this month.
Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions.
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