Exclusive: F-35 chief to run Lockheed aeronautics as Evans undergoes medical treatment
Greg Ulmer, head of Lockheed Martin Corp’s F-35 fighter program, will temporarily lead the company’s aeronautics division while its current chief, Michele Evans, undergoes treatment for a “significant” medical issue, Evans told employees on Monday.
Wall Street drops after Saudi attacks; energy stocks limit losses
U.S. stocks fell on Monday on global growth worries after weekend attacks on Saudi Arabia’s crude facilities hit 5% of the world’s supply, but a sharp jump in crude prices lifted beaten-down energy stocks and kept losses in check.
Israel ‘well-prepared’ for any spill-over from attack on Saudi oil plant
Israel is prepared for the possibility it might be drawn into any U.S.-Iranian confrontation over a strike on a Saudi oil plant, Prime Minister Benjamin Netanyahu said on Monday.
Evidence indicates Iranian arms used in Saudi attack, say Saudis
The Saudi-led military coalition battling Yemen’s Houthi movement said on Monday that the attack on Saudi Arabian oil plants was carried out with Iranian weapons and was not launched from Yemen according to preliminary findings.
Oil soars after attack on Saudi facilities, stocks weaken
Oil prices soared on Monday after attacks on crude facilities in Saudi Arabia sparked worries over the impact of an oil shock on economic growth, halting a positive run in world stocks as investors reached for less risky assets.
Atlantia CEO could offer resignation at Tuesday’s board: source
Giovanni Castellucci could offer his resignation as chief executive of infrastructure group Atlantia at an extraordinary board meeting called on Tuesday, a source said on Monday.
Airbus, French exporters reel as U.S. tariffs loom in subsidy row
Shares in Airbus and French luxury goods exporters fell on Monday as the European Union acknowledged it may face U.S. tariffs in a long-running dispute over aircraft subsidies, part of an escalating tit-for-tat trade row.
U.S., Chinese trade deputies seen meeting Friday: U.S. Chamber CEO
U.S. and Chinese deputy trade negotiators are expected to meet on Friday, with senior negotiators likely to meet about a week and a half later, U.S. Chamber of Commerce CEO Tom Donohue said on Monday, citing a conversation with U.S. Trade Representativ…
Too soon to say if U.S. emergency oil release needed, Perry tells CNBC
U.S. Energy Secretary Rick Perry said on Monday it was too soon say whether the United States would have to tap its emergency petroleum reserves following weekend attacks on Saudi Arabian oil facilities that shook global oil markets.
Saudi-led coalition: Evidence indicates Iranian arms used in Saudi attack
The Saudi-led military coalition battling Yemen’s Houthi movement said on Monday that the attack on Saudi Arabian oil plants was carried out with Iranian weapons and was not launched from Yemen according to preliminary findings.
