January 14, 2019

HSBC settles forex deals worth $250 billion on blockchain in last year

HSBC has settled $250 billion worth of forex trades using blockchain in the last year, it said on Monday, suggesting the heavily hyped technology is gaining […]
January 14, 2019

U.S. government shutdown holds up FAA approval of aircraft, routes

Federal Aviation Administration (FAA) approval of aircraft such as Boeing’s MAX 8 and new routes like Southwest Airline Co’s Hawaii launch are on hold due to […]
January 14, 2019

PG&E bond prices fall, spreads widen on bankruptcy plans

Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing […]
January 14, 2019

Citigroup beats profit estimates on lower expenses, shares rise

Citigroup Inc beat Wall Street profit estimates on Monday as lower expenses offset a drop in quarterly revenue, stemming from year-end volatility in its fixed-income trading […]
January 14, 2019

Nissan CEO appeals to Renault board to review Ghosn findings

Nissan believes alliance partner Renault’s board will back its decision to oust Chairman Carlos Ghosn when it sees details of the Japanese carmaker’s investigation into his […]
January 14, 2019

American Airlines says FAA approval of two Boeing aircraft on hold due to govt. shutdown

American Airlines Group Inc on Monday said the Federal Aviation Administration’s (FAA) approval of two Boeing MAX 8 aircraft is on hold due to the U.S. […]
January 14, 2019

Wall Street opens lower after Citi results, China trade data

U.S. stocks opened lower on Monday in broad-based declines after Citigroup posted an unexpected fall in revenue, adding to fears of a sharper slowdown in global […]
January 14, 2019

Citigroup reports surprise drop in quarterly revenue, shares fall

Citigroup Inc reported a surprise drop in quarterly revenue on Monday, as extreme volatility in financial markets toward the end of the year hurt its fixed-income […]
January 14, 2019

Newmont to become largest gold producer with $10 billion Goldcorp buy

Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world’s biggest gold producer in […]
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