May 23, 2019

Exclusive: U.S. airlines expect Boeing 737 MAX jets need up to 150 hours of work before flying again

Once regulators approve Boeing Co’s grounded 737 MAX jets for flight, each aircraft will likely require between 100 and 150 hours of preparation before flying, officials […]
May 23, 2019

Exclusive: Operator of Venezuelan PDVSA’s fleet seeks to detain tankers: document, sources

German shipping firm Bernhard Schulte Shipmanagement (BSM) has moved to legally detain three of Venezuelan PDVSA’s oil tankers to collect on late payments owed to it […]
May 23, 2019

Trade, global growth worries slam Wall Street

U.S. stock indexes slumped 2% on Thursday, as investors dumped technology, industrial and energy stocks on fears that a spiraling trade war between the United States […]
May 23, 2019

Best Buy keeps full-year view, warns of higher prices from more tariffs

Best Buy Co Inc on Thursday stuck to its full-year forecast due to the impact of the latest U.S. tariffs on Chinese imports and warned any […]
May 23, 2019

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low

Deutsche Bank’s chief executive promised shareholders “tough cutbacks” at its underperforming investment bank on Thursday as he battled to convince them he can turn around Germany’s […]
May 23, 2019

U.S. farmers to receive $14.5 billion in direct trade aid payments

The U.S. Department of Agriculture said on Thursday that farmers will receive $14.5 billion in direct payments as part of a $16 billion aid package designed […]
May 23, 2019

Musk’s leaked email shows Tesla to make record deliveries in second quarter

Tesla Inc is on course to deliver a record number of cars in the second quarter, beating the 90,700 it sent to customers in the final […]
May 23, 2019

U.S. home sales, manufacturing stumble; labor market strong

Sales of new U.S. single-family homes fell from near an 11-1/2-year high in April as prices rebounded and manufacturing activity slowed to its lowest level in […]
May 23, 2019

Novartis CEO sees chance to accelerate profit margin target

Novartis could reach its main drugs business’s margin target “a little sooner” than 2022, as it now forecasts, as it cuts costs and as new drugs […]
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