U.S. airline JetBlue in discussion with Airbus on A321XLR plane
JetBlue Airways Corp is in discussions with Airbus SE about the European planemaker’s plans for a longer-range version of its A321neo family as it prepares to jump into the transatlantic market, Chief Executive Robin Hayes said on Monday.
Infineon to buy Cypress Semiconductors in $10 billion deal
Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday.
Malaysia Airlines says 737 MAX jet deliveries may be delayed, eyes turnaround
Malaysia Airlines is looking at its order for 25 Boeing Co 737 MAX jets “very carefully” in light of the global grounding and plans for the first delivery in July 2020 could be delayed, the carrier’s chief executive said on Monday.
Infineon expects to keep investment grade rating after Cypress deal
Infineon Technologies expects to keep its investment grade credit rating after its 9 billion euro ($10 billion) agreed acquisition of U.S. Cypress Semiconductor, Chief Financial Officer Sven Schneider said on Monday.
Oil prices fall as trade wars fan fears of economic slowdown
Oil prices fell by around 1% on Monday, extending losses of over 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown.
Stocks, commodities slide as Trump’s trade threats fan recession worries
U.S. stock futures and commodity prices slipped while bonds rallied on Monday on worries an intensifying Sino-U.S. trade tussle and Washington’s new tariff threats against Mexico could tip the global economy into a recession.
Goldman Sachs sees U.S. trade war with China and Mexico escalating
Goldman Sachs economists said there was a 60% chance that the United States would slap tariffs on the final $300 billion of Chinese imports, up from their previous estimate of 40%.
Reeling from tariff threat, Mexico begins immigration talks in Washington
Fighting to stave off punitive tariffs announced by U.S. President Donald Trump, a senior Mexican delegation was set to begin high level talks on Monday in Washington, where it will be pushed to do more to hold back Central American migrants.
Therapy in the office: banks take mental health fight in-house
In ‘Billions’, a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist.
Can a derivative turn Europe’s green energy dream into virtual reality?
Italy’s Ferrero is famous for its red-and-white Kinder chocolate eggs. But soon it may hope to be able to slap more green on the wrapper.