Mexico’s Aeromexico reaches compensation agreement with Boeing on MAX crisis
Mexican airline Aeromexico said on Monday it had reached a compensation agreement with Boeing Co in relation to the temporary grounding of the planemaker’s 737 MAX aircraft.
Wall Street opens lower on rising Middle East tensions
U.S. stocks opened lower on Monday as escalating tensions between the United States and Iran encouraged investors to seek refuge in safer assets such as gold and government bonds.
Amazon to showcase its transportation drive at world’s largest tech show
From making cars talk using Alexa’s voice to managing data from factories full of robots, Amazon.com Inc wants a big piece of the action in transportation, and this week at CES will unveil more about its strategy to achieve that goal than ever before….
Renault hires former PSA research chief
French car marker Renault said has hired former PSA research and development chief Gilles Le Borgne as head of engineering.
Ford U.S. sales fall 1.3% in fourth quarter
Ford Motor Co reported a 1.3% fall in sales for the fourth quarter in the United States, hurt by declining sales of passenger cars.
Oil tops $70 as Iran, Trump trade threats
Oil prices rose over 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike which killed a top Iranian military commander.
Futures knocked lower by escalating Middle East tensions
U.S. stock index futures slid on Monday as escalating tensions between the United States and Iran prompted investors to seek refuge in safer assets such as gold and government bonds.
Stocks wipe out new year gains; gold, oil soar on U.S.-Iran threat
Tensions in the Middle East after the United States killed an Iranian general erased new year’s gains for world stocks on Monday as investors pushed safe-haven gold to a seven-year high and oil jumped to its highest since September.
Data’s the secret weapon for Rappi, SoftBank’s big bet in Latin America
“We’re going to help you understand your missed opportunities,” the boss of delivery app Rappi tells restaurants and food brands. “Why Wednesday is maybe not the best day for you, or why lunch is better than dinner.”
Louis Dreyfus owner pledges her stake as collateral in $1 billion Credit Suisse loan: filing
Margarita Louis-Dreyfus borrowed $1 billion from Credit Suisse last year to buy out minority shareholders of Louis Dreyfus Company (LDC) and pledged her majority stake in the commodities trader as collateral, a company filing showed.