Stocks, dollar hold gains with all eyes on Fed meeting
Share markets couldn’t add to recent gains and government bond yields inched fractionally higher on Monday, as investors hunkered down for what is shaping up to be a crucial week for global monetary policy.
Deutsche Bank to set up 50 bln euro bad bank: source
Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.
Boeing says sorry for MAX 737 crashes, promises to learn lessons
Boeing executives took turns to apologize for the loss of life in two 737 MAX crashes and pledged to apply lessons of the crisis to future planes as the world’s largest aerospace company struck a chastened tone at the opening of the Paris Airshow.
Airbus launches long-range A321 jet, close to 200 orders expected
Airbus launched a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller planes and steal a march on rival Boeing’s plans for a possible new mid-market jet.
Wife of former Nissan boss Ghosn urges Trump to help her husband
The wife of former Nissan Motor chairman Carlos Ghosn urged U.S. President Donald Trump to raise her husband’s case with Japan’s prime minister at a summit of world leaders later this month.
Airbus launches new A321XLR jet and wins Air Lease Corp orders
Airbus launched its A321XLR jet and announced orders for the new model, as the European planemaker aims to carve out new routes for airlines with smaller planes and steal a march on rival Boeing’s plans for a possible new mid-market jet.
Huawei CEO says underestimated impact of U.S. ban, sees revenue dip
Huawei Technologies Co Ltd’s founder and CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected and warned that revenue would dip to around $100 billion this year and the next.
Lockheed: No concern that Raytheon-UTC merger will affect F-35 program
Lockheed Martin F-35 program manager Greg Ulmer said on Monday he had “no concern” that the proposed merger of Raytheon Co and United Technologies Corp would affect the F-35 program or pressure its margins.
Oil prices slip as economic worries outweigh tanker tensions
Oil prices fell on Monday after more poor Chinese economic figures fanned fears of slowed worldwide oil demand.
UBS loses role in bond deal for Chinese firm on outcry over pig comment
UBS has lost a lead role on a U.S. dollar bond deal for state-backed China Railway Construction Corp, just days after a Chinese outcry over a senior UBS economist’s use of “pig” in connection with Chinese food price inflation.
