September 23, 2019

At shuttered Ohio plant, workers still hope for new GM vehicle

When asked about reports General Motors Co may turn its shuttered Lordstown, Ohio, plant into a battery factory, “Buffalo” Joe Nero snorts and points at the […]
September 23, 2019

Swiss probe incident involving ex-Credit Suisse banker Khan, private detectives

Prosecutors have opened a criminal probe into an incident in which Credit Suisse allegedly hired private detectives to shadow the Swiss bank’s ex-wealth management head, Iqbal […]
September 23, 2019

U.S. FAA head set to explain Boeing 737 MAX progress to divided world regulators

The chief of the U.S. Federal Aviation Administration is set to detail on Monday progress on the Boeing 737 MAX aircraft to international air regulators who […]
September 23, 2019

Wall Street cuts losses after upbeat manufacturing data

U.S. stocks pared early losses on Monday after a better-than-expected manufacturing survey reinforced confidence in the domestic economy. Powered by WPeMatico
September 23, 2019

Hundreds of thousands stranded after travel firm Thomas Cook collapses

Hundreds of thousands of holidaymakers were stranded on Monday by the collapse of the world’s oldest travel firm Thomas Cook , sparking the largest peacetime repatriation […]
September 23, 2019

Cluster of hedge funds set to profit from Thomas Cook failure

The collapse of travel operator Thomas Cook is set to result in a bumper pay day for a clutch of hedge funds who bet the company’s […]
September 23, 2019

‘Absolutely gutted’: demise of Thomas Cook wrecks travelers’ plans

Holidaymakers hit by the collapse of Thomas Cook , the world’s oldest tourist firm, desperately scrambled for information on Monday on how to get home, as […]
September 23, 2019

WeWork bond prices falls after SoftBank questions CEO: MarketAxess

The price of We Company’s 7.875% May 2025 junk bond fell 1.1% on Monday morning, MarketAxess data showed, following reports from sources that investor SoftBank Group […]
September 23, 2019

Vivendi keeps Mediaset stake, prepares to step up legal fight: sources

Vivendi has kept its stake in Mediaset after a deadline to sell it expired at the weekend and is preparing to step up its legal action […]
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