March 13, 2019

Adidas shares fall as supply chain problems slow growth

Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, but said it hopes to see […]
March 13, 2019

Exclusive: Portugal’s EDP could create Latam JV with China Three Gorges if takeover bid fails – sources

Portugal’s Energia de Portugal EDP could propose a joint venture with China Three Gorges (CTG) allowing CTG to expand its foothold in Brazil and Latin America […]
March 13, 2019

U.S. business spending on equipment increases strongly in January

New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, pointing to solid business spending on equipment […]
March 13, 2019

U.S. will not suspend Boeing 737 MAX planes; discussion on black box analysis

The U.S. aviation regulator said on Tuesday it would not ground Boeing Co 737 MAX planes after a crash in Ethiopia that killed 157 people, bucking […]
March 13, 2019

India grounds Boeing 737 MAX planes; Jet, SpiceJet shares fall

India is grounding U.S. planemaker Boeing Co’s 737 MAX aircraft immediately, the ministry of civil aviation said late on Tuesday, following the fatal crash of a […]
March 13, 2019

Kazakhstan suspends Boeing 737 Max flights

Kazakhstan’s civil aviation committee suspended Boeing 737 Max flights starting from Wednesday, it said in a statement, following two fatal crashes involving the aircraft in Indonesia […]
March 13, 2019

Asia shares stumble, sterling at mercy of yet another vote

Asian shares drifted lower on Wednesday as a risk-off mood settled on markets, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary […]
March 13, 2019

StanChart suffers senior private banker exits in Asia as unit earnings sag: sources

Standard Chartered PLC has seen the departure of at least four senior Asia-based bankers from its private banking unit in recent months, three people with direct […]
March 13, 2019

Factbox – Boeing 737 MAX 8 groundings spread around the world

The European Union’s aviation safety agency EASA suspended all flights in the bloc by Boeing’s 737-8 and 737-9 aircraft following Sunday’s deadly plane crash in Ethiopia. […]
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