Boeing says pilots to play pivotal role winning back public trust in MAX
Boeing Co has started brainstorming with its airline customers over ways to win back public trust in the 737 MAX brand, with pilots expected to play a pivotal role in the process, an executive told Reuters on Monday.
Proxy firms back Allergan in fight against Appaloosa
Two leading shareholder advisory firms threw their support behind Allergan Plc’s management by recommending that investors vote against billionaire investor David Tepper’s proposal that the Botox maker immediately split the roles of chief executive off…
Canada to fight ‘unfair’ U.S. lumber duties, appeal WTO ruling
Canada will appeal last week’s decision by a World Trade Organization (WTO) panel to allow the United States to use “zeroing” to calculate lumber anti-dumping tariffs, Foreign Minister Chrystia Freeland said on Monday.
UniCredit to pay $1.3 billion and plead guilty in U.S. sanctions probes
UniCredit, Italy’s biggest lender, will pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.
Former Volkswagen CEO Winterkorn charged with fraud by German prosecutors
German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker’s manipulation of diesel emissions testing, more than three years after the scandal came to light.
U.S. agency submits uranium import probe to White House
The U.S. Commerce Department has submitted to the White House the results of a national security investigation into uranium imports, a spokesman for the department said on Monday.
Wall Street drops after tepid big bank results
Wall Street’s main indexes fell on Monday, following a rally in the previous session that put the S&P 500 within striking distance of its record high, as underwhelming results from Goldman Sachs and Citigroup pressured financial stocks.
Oil rally stalls on talk of OPEC+ boosting output
Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia’s finance minister said Russia and OPEC may decide to boost production to fight for market share with the United States, where output remains at record hi…
Spotify prompts Nordic pension funds to add private equity to playlists
A vibrant start-up scene, which has spawned stars such as Spotify, Skype and Rovio, is inspiring Nordic pension funds to invest more money with local private equity funds.
Bank results impede Wall Street, trade hopes support European stocks
World stocks retreated from earlier gains on Monday as underwhelming quarterly results from U.S. banks weighed on Wall Street, though progress in U.S.-China trade talks helped European stocks tread water.
