Business & Finance News
U.S. stocks mostly edged higher on Monday, rebounding slightly after last week’s losses, although a drop in Apple kept gains in check.
German pilots’ union Vereinigung Cockpit (VC) on Monday called a 24-hour strike affecting all Ryanair flights out of Germany on Wednesday to push its demands in talks with the Irish carrier on wages and work conditions.
Ryanair on Monday barred all media from reporting at its annual shareholder meeting next week, saying the move is to allow shareholders to raise matters freely with the board without discussions being “distorted”.
A U.S. appeals court on Monday revived Swedish pharmaceutical company Orexo AB’s lawsuit accusing a unit of Israel’s Teva Pharmaceutical Industries Ltd of infringing a patent for its opioid addiction drug Zubsolv.
The Vegas Golden Knights acquired All-Star forward Max Pacioretty from the Montreal Canadiens late Sunday night in exchange for Tomas Tatar, prospect Nick Suzuki and a second-round pick in the 2019 NHL Entry Draft.
The U.S. military and European operators of the radar-evading F-35 fighter jet have agreed to work together more closely to help lower the cost of operating the new warplanes as growing numbers arrive in Europe, officials said.
The benchmark S&P 500 and the Nasdaq edged higher on Monday, lead by industrial stocks, on optimism for further tax relief, although a drop in Apple kept gains in check.
Oil prices were mixed on Monday, pulling back from an early rally after data suggested U.S. crude inventories might build, weighing on the market.
Chevron, Valero and Delta Air Lines urged U.S. regulators to expedite a hearing on the fee structure of the largest fuel pipeline in the United States that they allege is costing them millions of dollars.
New York state on Monday approved Gemini Trust Company’s and Paxos Trust Company’s dollar-linked digital currencies, the first stablecoins to get the nod from the region’s regulator.
An index of global stock markets rose on Monday for the first time in eight trading sessions on optimism about policy from Italy to the United States, dodging anxiety about the U.S.-China trade war.
U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles to 873.3 million euros ($1 billion), a recent filing with the Dutch regulator showed.
U.S. stock indexes rose on Monday, lead by industrials, on optimism for further tax relief, although a drop in Apple kept gains in check.
Investors took Volkswagen to court on Monday to seek compensation for the hit to the carmaker’s share price from its diesel emissions scandal, with plaintiffs holding out hopes for billions of dollars in damages.
Oil prices rose on Monday as growth of U.S. drilling braked and investors anticipated lower supply once new U.S. sanctions against Iran’s crude exports kick in from November.
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