Wall Street Journal Global Economics Editor Jon Hilsenrath, Fox News contributor Richard Fowler and FBN”s Kristina Partsinevelos on reports General Electric is nearing a deal to sell its industrial engines unit and efforts to turn around the company. …read more […]
ZURICH (Reuters) – Swiss private bank Union Bancaire Privee (UBP) aims to rebuild its business with U.S. clients following a big tax settlement two years ago, hiring a top banker to oversee a unit that specializes in managing investments for U.S. residents and citizens.
Energy companies Royal Dutch Shell and Exxon Mobil will not submit a claim for missed revenue due to the Dutch government’s decision to halt gas production at the Groningen field by 2030, the Dutch ministry of Economic Affairs said on Monday. “A lot of gas will be left in the ground,” Economy minister Eric Wiebes said at the presentation of his deal with the oil majors responsible for extracting Groningen gas. The Dutch government in March said it would end gas production at the Groningen field by the end of the next decade, in an effort to stop …read more […]
(Reuters) – The world’s biggest oil and gas players are gathering for a summit in Washington D.C. this week that will be overshadowed by the specter of shifting trade patterns due to a trade dispute between the United States and China.
Apple Inc. is about to pump up the volume on its audio-device strategy, planning higher-end AirPods, a new HomePod and studio-quality over-ear headphones for as early as next year, according to people familiar with the matter. Apple is trying to increase the range that AirPods can work away from an iPhone or iPad, one of the people said. Slated for 2019, the earbuds will likely cost more than the existing $159 pair, and that could push Apple to segment the product line like it does with iPhones, one of the people said. …read more […]
(Reuters) – Jet Airways (India) Ltd said on Monday it has entered into an agreement with Boeing Co for purchase http://bit.ly/2K5KXVn of an additional 75 Boeing 737 MAX aircraft.
Washington Examiner White House reporter Gabby Morrongiello on the debate over immigration, the increasingly heated political climate. …read more […]
BEIJING (Reuters) – Beijing has begun downplaying Made in China 2025, the state-backed industrial policy that has provoked alarm in the West and is core to Washington’s complaints about the country’s technological ambitions, diplomatic and Chinese state media sources said.
BEIJING (Reuters) – Chinese Premier Li Keqiang told French Prime Minister Edouard Philippe on Monday that China was planning to buy lots of planes this year and is willing to continue talks with France on buying Airbus aircraft.
LONDON (Reuters) – Brent crude oil fell 1 percent on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its partners agreed to raise production.
SEOUL (Reuters) – South Korea’s military picked Boeing Co to supply the country’s maritime patrol aircraft in a contract worth around 1.9 trillion won ($1.71 billion), a senior executive at Boeing said on Monday.
LONDON (Reuters) – World shares fell on Monday, dented by worries over a worsening trade dispute between the United States and other major economies, while oil prices gave up some of the gains made after major exporters agreed a modest production increase.
SINGAPORE (Reuters) – Oil prices fell on Monday as traders factored in an expected 1 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna last week.
Oil prices fell on Monday as traders factored in an expected 1 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna last week. Brent crude futures (LCOc1) were at $74.25 per barrel at 0636 GMT, down 1.7 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $68.42 a barrel, down 0.2 percent, supported more than Brent by a slight drop in U.S. drilling activity and a Canadian supply outage. …read more […]
PARIS (Reuters) – KLM and Delta Airlines have expressed their opposition toward possible plans to name Philippe Capron as the new head of Air France KLM , BFM Business reported on Monday.
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