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Ethiopia says crashed jet's black boxes show similarities to Lion Air disaster

Mon, 03/18/2019 - 04:48
The crash of an Ethiopian Airlines plane that killed 157 people had "clear similarities" with October's Lion Air crash, Ethiopia said on Sunday, shown by initial analysis of the black boxes recovered from the wreckage of the March 10 disaster.
Categories: Financial Media

Brexit crisis tipped for British asparagus as EU seasonal workers stay away

Mon, 03/18/2019 - 03:39
For almost 100 years, Chris Chinn's family has farmed asparagus in the rolling hills of the Wye Valley in western England.
Categories: Financial Media

Ethiopia says crash black boxes show similarities to Lion Air accident

Mon, 03/18/2019 - 03:25
Ethiopia said on Sunday the crash of an Ethiopian Airlines plane that killed 157 people had "clear similarities" with October's Lion Air crash, revealed by initial analysis of the black boxes recovered from the wreckage of the March 10 disaster.
Categories: Financial Media

U.S. agencies have not validated Ethiopian Airlines black box data: U.S. officials

Mon, 03/18/2019 - 02:48
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.
Categories: Financial Media

Oil slips on economic slowdown, but OPEC-led cuts still support

Mon, 03/18/2019 - 02:47
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.
Categories: Financial Media

Asia shares, bonds underpinned as Fed seen accommodative

Mon, 03/18/2019 - 02:24
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.
Categories: Financial Media

Trump wants GM CEO 'to do something quickly' to reopen Ohio plant

Mon, 03/18/2019 - 01:35
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.
Categories: Financial Media

U.S. Transportation Department probes FAA approval of 737 MAX: WSJ

Mon, 03/18/2019 - 01:04
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.
Categories: Financial Media

Brexit spurs biggest cut in UK business investment in 10 years: BCC

Mon, 03/18/2019 - 00:03
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.
Categories: Financial Media

Principal Financial close to Wells Fargo retirement unit acquisition-sources

Sun, 03/17/2019 - 23:38
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.
Categories: Financial Media

Exclusive: Eldorado Resorts, Caesars explore merger - sources

Sun, 03/17/2019 - 23:07
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.
Categories: Financial Media

Boeing says finalizing software upgrade, revising pilot training for 737 Max

Sun, 03/17/2019 - 21:03
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.
Categories: Financial Media

Renault-Nissan must streamline decision-making: Renault's Senard

Sun, 03/17/2019 - 19:25
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.
Categories: Financial Media

Shares in U.S. steel producers could rally along with commodity: Barron's

Sun, 03/17/2019 - 19:21
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.
Categories: Financial Media

Boeing's safety analysis of 737 MAX flight control had crucial flaws: Seattle Times

Sun, 03/17/2019 - 17:32
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.
Categories: Financial Media

Ethiopian Airlines black boxes showed 'clear similarities' with Lion Air crash: ministry

Sun, 03/17/2019 - 17:32
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.
Categories: Financial Media

Explainer: Why Germany wants a merger to underpin Deutsche Bank

Sun, 03/17/2019 - 16:57
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.
Categories: Financial Media

Novatek close to deal with Saudi Aramco on Arctic LNG 2 project: CEO

Sun, 03/17/2019 - 14:17
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.
Categories: Financial Media

Deutsche Bank and Commerzbank go public on merger talks

Sun, 03/17/2019 - 12:42
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.
Categories: Financial Media

Brexit, yellow vests take fizz out of champagne sales

Sun, 03/17/2019 - 11:47
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.
Categories: Financial Media

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