Saudi airline flyadeal won’t continue with Boeing 737 MAX order
Saudi Arabian budget airline flyadeal will not proceed with a commitment to order 30 Boeing 737 MAX jets, the planemaker said on Sunday.
Saudi airline flyadeal picks Airbus jets over grounded Boeing MAX
Saudi Arabian budget airline flyadeal will not proceed with a provisional $5.9 billion order for Boeing 737 MAX aircraft, instead opting for a fleet of Airbus A320 jets.
Exclusive: Greensill issued false statement on bonds sold by metals tycoon Gupta
Financing group Greensill Capital, which is backed by Japan’s SoftBank Group and General Atlantic of the U.S., last year provided a false statement to market participants relating to bonds it had issued in 2017 on behalf of commodities tycoon Sanjeev Gupta.
India’s PNB says detects 38 billion rupee fraud
India’s state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd’s account to the country’s central bank.
Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise
Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan’s SoftBank Corp.
Exclusive: U.S. panel clears SoftBank’s $2.25 billion investment in GM’s Cruise
Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan’s SoftBank Corp.
Take Five: World markets themes – Losing interest
How low can you go? The coming week may tell whether the incessant plunge in global bond yields shows any signs of relenting.
Amazon founder Bezos’ divorce final with $38 billion settlement: report
Amazon.com Inc founder Jeff Bezos’ divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported.
Exclusive: U.S. panel okays SoftBank’s $2.25 billion investment in GM-linked self-driving firm
A U.S. national security panel on Friday approved a $2.25 billion investment by Japan’s Softbank in Cruise, a self-driving vehicle firm majority owned by GM, the unit told Reuters, signaling some leeway for investors with deep ties to China.
Buoyant U.S. stocks at odds with downbeat market signals
Even as record highs this week in the major U.S. stock indexes telegraph confidence on Wall Street, caution abounds in other U.S. markets, where falling bond yields and flailing small-cap stocks indicate investors are torn about where to place bets.
