Business & Finance News
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.
Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, prompting labor union concerns about possible job losses and questions from analysts about the merits of a combination.
Boeing Co’s safety analysis of a new flight control system on 737 MAX jets had several crucial flaws, the Seattle Times reported on Sunday.
Leonid Mikhelson, chief executive of Russian gas giant Novatek, said on Sunday he had discussed the company’s Arctic LNG 2 project with Saudi oil minister Khalid al-Falih and that a deal could be expected soon.
Deutsche Bank and Commerzbank on Sunday confirmed they were in talks to possibly merge, an indication that efforts to combine Germany’s two largest lenders are gaining pace.
Deutsche Bank and Commerzbank are in discussions about a possible merger, the two German banks confirmed on Sunday.
Brexit and France’s “yellow vest” protest movement pushed the number of bottles of French champagne sold last year to its lowest since 2004, trade group data showed on Sunday.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
