U.S. job openings hit 11-month low; quits rate stagnates
U.S. job openings dropped to an 11-month low in February and hiring decreased, which could partially explain a sharp slowdown in job growth during that month.
Boeing quarterly orders halve, deliveries fall 19 percent on MAX groundings
Boeing Co said on Tuesday orders nearly halved in the first quarter and the planemaker handed over far fewer aircraft, as it struggles with a worldwide grounding of its best-selling 737 MAX jets following two fatal crashes.
American trims quarterly revenue forecast on grounded jets, total cost unknown
American Airlines Group Inc on Tuesday trimmed its first-quarter revenue forecast after cancelling more than 2,000 flights due to the global grounding of Boeing 737 MAX jets and problems with overhead bins in cabins of another Boeing jet that the airl…
Proxy adviser Glass Lewis opposes UBS compensation report
Shareholders of Swiss bank UBS Group should oppose its compensation report for 2018, proxy adviser Glass Lewis said, citing “pay-for-performance concern”.
Major air regulators to join FAA’s review panel on Boeing’s 737 MAX
China, the European Aviation Safety Agency (EASA), Ethiopia, Indonesia and at least five other major regulators are expected to join the U.S. Federal Aviation Administration’s (FAA) review panel on the Boeing 737 MAX, officials said on Tuesday.
Standard Chartered to pay $1.1 billion for sanctions violations
Standard Chartered Plc has agreed to pay $1.1 billion to U.S. and British authorities for conducting illegal financial transactions that violated sanctions against Iran and other countries, government authorities announced on Tuesday.
Aramco sells $12 billion bonds out of record $100 billion demand
Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influenc…
Wall Street falls on worries over trade, global growth
U.S. stocks fell on Tuesday after President Donald Trump threatened to impose tariffs on European goods, while the IMF’s downbeat outlook for global growth added to worries about an economic slowdown stemming from trade disputes.
Boeing deliveries sink in first quarter after 737 MAX groundings
Boeing Co said on Tuesday it handed over far fewer aircraft in the first quarter as the planemaker halted deliveries of its best-selling 737 MAX following the global grounding of the jets after two fatal crashes. Deliveries of the 737 planes fell to 89…
Qualcomm loses court bid against EU antitrust regulators’ demand for data
U.S. chipmaker Qualcomm on Tuesday lost a court challenge against a demand for it to provide EU regulators with data in a long-running antitrust case.
