Futures hit fresh record highs on positive signs in trade saga
U.S. stock index futures touched new record highs on Monday, as President Donald Trump said over the weekend that the United States and China would “very shortly” sign their so-called Phase One trade pact.
Ryanair fails to delay operations chief’s move to easyJet
The Irish High Court on Monday rejected Ryanair’s attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.
Monetary stimulus? Low rates mean more babies, Bank of England says
Cutting interest rates appears to stimulate more than just the economy – Bank of England researchers say an extra 14,500 babies were born in 2009 after the central bank slashed borrowing costs during the global financial crisis.
Bank of England steps up monitoring of Lloyd’s whistleblowing systems
The Bank of England has stepped up its monitoring of Lloyd’s of London’s whistleblowing systems, the central bank said on Monday, after reports this year about sexual harassment and bullying at the 330-year old insurance market.
Exclusive: Dubai’s Emaar to sell view from world’s tallest tower – sources
Emaar Properties is selling the observation decks of the world’s tallest skyscraper the Burj Khalifa, four sources told Reuters, potentially raising $1 billion for Dubai’s biggest developer amid a real estate downturn.
Irish court rules Ryanair COO can move to rival easyJet
The Irish High Court on Monday rejected Ryanair’s attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.
Deutsche Bank to no longer pay for advice from Cerberus: source
Cerberus, one of Deutsche Bank’s largest shareholders, will no longer provide paid advice to the bank on how to run its business, a person with knowledge of the matter said on Monday, a role that has been criticized for potential conflicts of interest…
Credit Suisse admits surveillance of second executive
Credit Suisse on Monday admitted it was behind instructions to carry out surveillance on a second executive, after dismissing a previous similar incident as an “isolated event”.
Oil prices fall as Russia touts easing OPEC+ output
Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year but prices held near recent three-month highs on hopes for a trade deal between the United States and China.
Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory – sources
U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources familiar with the matter said, part of which will be used …
