January 22, 2020

ECB to launch review that will redefine its mission and tools

European Central Bank President Christine Lagarde is set to launch a broad review of its policy on Thursday that is likely to see her redefine the […]
January 22, 2020

Commonwealth Bank of Australia’s pension arm hit with another class-action lawsuit

Commonwealth Bank of Australia said on Thursday a class-action lawsuit was filed against its pension arm, Colonial First State, for allegedly not acting in customers interest […]
January 22, 2020

Canadian judge approves C$196.5 mln Volkswagen fine for diesel emissions

A judge in Canada approved a C$196.5 million ($149.7 million) fine against Volkswagen AG on Wednesday after the company pleaded guilty to dozens of counts of […]
January 22, 2020

Australia’s Westpac hires veteran banker McFarlane as chairman to tide over crisis

Westpac Banking Corp on Thursday named banking veteran John McFarlane as chairman, entrusting the former Barclays boss to help steer it through the fallout of a […]
January 22, 2020

Boeing CEO expects to resume 737 MAX production before mid-year

Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service […]
January 22, 2020

Boeing’s new CEO orders rethink on key jetliner project

Boeing Co’s new chief executive has sent the aerospace giant back to the drawing board on proposals for a new mid-market aircraft, effectively shelving in their […]
January 22, 2020

Kinder Morgan profit, cash flow rise on Gulf Coast Express pipeline strength

U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from the Permian Basin through its […]
January 22, 2020

Ford expects $2.2 billion pre-tax hit related to pension plans in fourth quarter

Ford Motor Co said on Wednesday its fourth quarter results will be hit by a pre-tax loss of about $2.2 billion due to higher contributions to […]
January 22, 2020

Cathay to let crew wear masks on all flights due to new coronavirus

Hong Kong’s Cathay Pacific Airways Ltd will allow all crew members and frontline employees to wear surgical masks due to concerns over a new coronavirus, and […]
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