Citigroup to launch digital savings account for American Airlines cardholders
Citigroup Inc said on Monday it was planning to offer a high-interest online savings account early next year to users of its American Airlines co-branded credit card.
Virgin Hyperloop seeks backing to build U.S. certification center
Virgin Hyperloop One said Monday it is asking states to support and host the development of a center to advance its futuristic super high-speed travel plans by testing and validating the technology.
Microsoft rolls out new cloud tool for analyzing business data
Microsoft Corp announced on Monday a new service aimed at helping large businesses put to use the huge amounts of data stored in corporate systems.
Ferrari forecast turbo-charged by Portofino, Superfast sales
Strong sales of Ferrari’s Portofino and 812 Superfast models helped the Italian luxury carmaker raise its 2019 forecasts on Monday, powering its shares to a record high.
Under Armour cuts revenue forecast; federal probe weighs on shares
Under Armour Inc on Monday cut its forecast for annual revenue for a second time this year, the latest sign of problems for the sportswear maker that is facing a federal probe into its accounting practices.
Give or take a trillion: Investors in the dark on Saudi Aramco value
Saudi Aramco’s blockbuster listing remained shrouded in mystery on Monday, a day after the company finally announced its plans, with scant details disclosed and expert valuations varying wildly from around $1.2 to $2.3 trillion.
German cabin crew union UFO calls for two days of strike at Lufthansa
Flights attendants’ union UFO on Monday called for a two-day strike at Lufthansa’s German operations later this week, citing an ongoing labor dispute with Germany’s largest airline.
India rejects Asia-wide trade deal, as others move ahead
Fifteen Asian countries agreed terms on Monday for what could be the world’s biggest trade pact, they said in a statement, but India delayed its decision on joining because of significant differences over tariffs and other issues.
Thyssenkrupp to invest $279 million at shipbuilding division
Thyssenkrupp plans to invest 250 million euros ($279 million) at its unit that builds submarines and warships, the German industrial conglomerate said on Monday.
India decided not to join RCEP trade deal: PM Modi
India has decided not to sign the Regional Comprehensive Economic Partnership due to differences over tariffs, its trade deficit with other countries and non-tariff related barriers, Prime Minister Narendra Modi was quoted as saying on Monday.
