Swedish, Estonian regulators advance Swedbank probe
Swedish and Estonian financial regulators have taken their investigations into Swedbank over anti-money laundering controls at its Baltic operations to the next level, they said on Tuesday, marking a formal step in the process that could lead to a fin…
Oil slips toward $61 as U.S. inventories seen rising
Oil slipped toward $61 a barrel on Monday, falling for a second day, pressured by expectations for a rise in U.S. crude inventories and fading optimism over a U.S.-China trade deal.
Air Canada profit misses estimates, weighed by 737 MAX grounding
Air Canada on Tuesday reported lower-than-expected third-quarter profit, hurt by lower flight capacity in the wake of the grounding of Boeing Co’s 737 MAX airplanes.
Saudi, Gulf consortium seeking to buy Barneys New York: Maaal
A Saudi and Gulf consortium is seeking to buy luxury retailer Barneys New York Inc, Saudi financial news website Maaal reported on Tuesday.
Amazon makes grocery delivery service free for U.S. Prime members
Amazon.com Inc said on Tuesday it would make its grocery delivery service free for Prime members in the United States and integrate all orders for groceries into one portal.
Boeing CEO to face tough questions from U.S. lawmakers
Boeing Co Chief Executive Dennis Muilenburg will begin the first of two days of testimony Tuesday before U.S. lawmakers and will face tough questions on the crashes of two 737 MAX planes, which killed 346 people and sparked calls for reforms.
Exclusive: India’s IndiGo close to mammoth 300-plane Airbus deal – sources
Indian budget airline IndiGo is close to placing a near-record order for more than 300 Airbus A320neo-family jets worth at least $33 billion at recent catalogue prices to cement its position as India’s largest carrier by market share.
U.S.-China tensions spur progress on giant Asia trade pact
Tensions between the United States and China have given new impetus to a China-backed trade pact and there is a chance of major progress, if not final agreement, when Southeast Asian leaders meet in Bangkok this week, analysts say.
Blackrock CEO says the world will see higher equity markets in 2020
U.S. fund manager BlackRock Inc chief executive said on Tuesday the world will see higher equity markets in 2020.
Oil prices fall a second day ahead of U.S. stockpile numbers
Oil prices fell for a second day on Tuesday as investors awaited U.S. crude inventory data for more insight into oil demand trends, while concerns about economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing.