Exclusive: Tereos still searching for wider funding – sources
(Corrects headline and paragraph 1 to make clear that syndication process is ongoing, to make clear in paragraph 5 that no offers finalized by April 15, to clarify sourcing throughout)
Boeing 737 MAX joint governmental review will begin April 29: FAA
The U.S. Federal Aviation Administration said Friday that a joint governmental review of the now grounded Boeing 737 MAX will begin on April 29 and will include 9 other aviation regulators from around the world.
Venezuela congress to weigh 2020 PDVSA bond payment next week
Venezuela’s opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it meets next week, a lawmaker and a member of state-run oil company PDVSA’s ad-hoc board of directors said.
Will the Benettons use Alitalia to fly in from the cold?
Italian transport group Atlantia could join a rescue of loss-making flag carrier Alitalia to try to win favor with the government and secure the future of its own domestic business following a deadly bridge collapse last year, sources said.
SEC fines Prosper Funding $3 million for overstating net returns to investors
The Securities and Exchange Commission on Friday said Silicon Valley-based Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net returns to retail and other investors.
U.S. homebuilding near two-year low; permits extend decline
U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family unit segment, suggesting the housing market continued to struggle despite falling mortgage rates.
U.S. housing starts approach two-year low; permits weak
U.S. homebuilding dropped to a near two-year low in March, pulled down by persistent weakness in the single-family housing segment, suggesting the housing market continued to struggle despite declining mortgage rates.
Fiat Chrysler recalls 320,000 Dart cars that could roll away
Fiat Chrysler Automobiles NV said Friday it is recalling more than 320,000 Dodge Dart compact cars in North America that could roll away because of a defective part that could allow the shift cable to detach from the transmission.
China will keep supporting economy as ‘pressure’ lingers: politburo
China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first quarter growth, a top decision-making body of the Communist Party said on Friday.
Return of the bench seat: Concept EVs show space big enough for sofas
(This April 19 story was refiled to remove Breakingviews topic code)