March 14, 2019

HK suspends UBS sponsor license, fines it and others $100 million for IPO failures

Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley […]
March 14, 2019

Facebook struggles into day two of global outage

Facebook Inc struggled to restore its services fully on Thursday after a 17-hour partial outage made the world’s largest social network inaccessible to users across the […]
March 14, 2019

Lufthansa CEO: Grounding Boeing 737 MAX the right decision

The decision by regulators around the world to ground Boeing’s 737 MAX aircraft following last weekend’s Ethiopian Airlines crash was right, the CEO of German airline […]
March 14, 2019

Flydubai says Boeing 737 MAX remain integral to future strategy

Middle Eastern carrier flydubai said on Thursday the Boeing 737 MAX, grounded after two fatal crashes in five months, remained integral to its future strategy. Powered […]
March 14, 2019

Saudi Aramco shifts strategy in China to boost oil sales

Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers […]
March 14, 2019

General Electric sees 2019 profit below estimates

General Electric Co forecast adjusted earnings of 50 cents to 60 cents per share in its 2019 outlook on Thursday, below analysts’ expectations of around 70 […]
March 14, 2019

Stock futures dip as trade uncertainty, growth worries weigh

U.S. stock index futures edged lower on Thursday as early optimism after Britain’s parliament voted to reject a disorderly Brexit was offset by uncertainty over U.S.-China […]
March 14, 2019

Boeing faces crisis with worldwide grounding of 737 MAX jetliners

The United States grounded Boeing Co’s money-spinning 737 MAX aircraft on Wednesday over safety fears after an Ethiopian Airlines plane crash that killed 157 people, leaving […]
March 14, 2019

Ethiopian delegation has flown the black boxes from Ethiopia plane crash to Paris: Ethiopian Airlines

An Ethiopian delegation led by the accident investigation bureau has flown the black boxes from the Ethiopia plane crash from Addis Ababa to Paris for investigation, […]
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