Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week.
The U.S. Department of Transportation is investigating the Federal Aviation Administration’s (FAA) approval of Boeing Co’s 737 MAX jets, the Wall Street Journal said on Sunday, citing people familiar with the inquiry.
U.S. officials have not yet validated data from the black boxes of an Ethiopian Airlines plane that crashed killing all 157 people on board, emphasizing the investigation remains in the very early stages, two officials briefed on the matter told Reuters Sunday.
Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.
President Donald Trump tweeted on Sunday that he urged General Motors Co’s chief executive to “do something quickly” to reopen the company’s Lordstown, Ohio, plant that was idled more than a week ago.
Oil prices dipped early on Monday, weighed down by concerns that a global economic downturn may dent fuel consumption.
Asian share markets crept ahead on Monday while bonds were in demand globally on speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week.
The U.S. Department of Transportation is investigating the Federal Aviation Administration’s approval of Boeing Co’s 737 MAX jetliners, the Wall Street Journal reported on Sunday, citing people familiar with the probe.
British companies look set to cut investment by the most in 10 years in 2019 because of Brexit, even if Prime Minister Theresa May gets a deal to ease the country out of the bloc, an employers group said on Monday.
Principal Financial Group Inc is in advanced talks to acquire Wells Fargo & Co’s retirement plan services business, in a deal that could exceed $1 billion, people familiar with the matter said on Sunday.
U.S. casino operators Eldorado Resorts Inc and Caesars Entertainment Corp are in the early stages of exploring a merger, people familiar with the matter said on Sunday.
Boeing Co said on Sunday it was finalizing the development of a software upgrade and a revision of pilot training for its 737 MAX, the Ethiopian Airlines plane that crashed, killing 157 people on March 10.
Renault and Nissan must streamline decision-making in the car-making alliance and boosting the companies’ cross-shareholding is not currently in their plans, Renault’s chairman said in comments published on Sunday.
Several U.S. steel company shares could rally along with a rise in the commodity’s price, according to an article in Barron’s that also urged caution on the stocks because of historical volatility.
Analysis of the data from the black boxes of an Ethiopian Airlines plane that crashed killing all 157 people on board showed ‘clear similarities’ with October’s Lion Air crash, a spokesman for the Ethiopian Transport Ministry said.
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