April 29, 2019

3M cuts 2019 profit outlook on weak China, shares fall 11 percent

Shares of 3M Co fell 11 percent on Thursday after the U.S. manufacturing conglomerate cut its 2019 earnings forecast and said it would lay off 2,000 […]
April 28, 2019

Exclusive: GAM whistle blower concerns focused on bonds sold by metals tycoon

A whistle blower at Swiss asset manager GAM Holding AG who alerted UK financial regulators last year did so over concerns about the purchase of more […]
April 28, 2019

Jaguar Land Rover planning to allow helpful car drivers to earn cryptocurrency

Jaguar Land Rover, Britain’s largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency […]
April 28, 2019

U.S. sanctions on Iran, Venezuela set up crunch for heavier oil

Tighter U.S. sanctions on Iranian oil planned for May are adding to a wealth of factors curbing global supply of heavy-medium crude, driving up prices for […]
April 28, 2019

Vale shareholders push to loosen company control over board elections

Minority shareholders of Brazilian iron ore miner Vale SA have enough votes to request that board members be elected independently using a cumulative voting system and […]
April 28, 2019

Italy’s deputy PM says Alitalia bid deadline is Tuesday

The deadline for bids to take part in a plan to rescue Italian flagship carrier Alitalia is next Tuesday, Italy’s Deputy Prime Minister Luigi Di Maio […]
April 28, 2019

Pilots demand better training if Boeing wants to rebuild trust in 737 MAX

American Airlines pilots have warned that Boeing Co’s draft training proposals for the troubled 737 MAX do not go far enough to address their concerns, according […]
April 28, 2019

flydubai’s financial outlook for 2018 unchanged despite Boeing groundings: spokeswoman

United Arab Emirates airline flydubai’s financial outlook for the current year remains unchanged, despite the grounding of its Boeing 737 MAX, a spokeswoman said on Sunday. […]
April 28, 2019

Etihad to offer wireless streaming, remove screens from narrow-body fleet

Abu Dhabi’s Etihad Airways will offer wirelessly streamed movies and television shows to passengers on mainly short-haul flights as it removes entertainment screens from its Airbus […]
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