Aramco to raise $12 billion in bonds out of $100 billion demand
Saudi Aramco is set to raise $12 billion in bonds with maturities ranging from three to 30 years, according to a document issued by one of the banks leading the deal.
United Airlines says using larger jets on 737 MAX routes is ‘costing money’
United Airlines’ use of larger aircraft on routes previously flown by Boeing Co’s grounded 737 MAX jets is costing the carrier money in the short-term, the company’s President Scott Kirby said in a letter to employees on Tuesday.
Wynn ends A$10 billion deal talks with Australia’s Crown Resorts
World’s No. 2 casino operator Wynn Resorts Ltd on Tuesday scrapped its takeover talks with Crown Resorts Ltd, after details of its A$10 billion ($7.1 billion) takeover offer were leaked.
Wall Street lower as growth worries resurface
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.
Standard Chartered to pay $1.1 billion for sanctions-controls lapses: U.S. regulators
London-based Standard Chartered PLC has agreed to pay $1.1 billion for sanctions-controls lapses, the U.S. Federal Reserve said.
Trump, Europe ramp up tariff threats in aircraft dispute
U.S. President Donald Trump said on Tuesday the United States would impose tariffs on $11 billion worth of European Union products, heightening tensions over a long-running transatlantic aircraft subsidy dispute that threatens to become a broader trade…
Exclusive: Ford likely to end independent India business with new Mahindra deal – sources
Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will likely see the U.S. automaker cease independent operations in the country, two sources with direct knowledge of the talks told Reuters.
Wynn ends deal talks with Australia’s Crown Resorts
U.S. casino operator Wynn Resorts Ltd said on Tuesday it terminated takeover discussions with Crown Resorts, hours after the companies confirmed that they were in talks for an acquisition of the Australian rival.
American Airlines trims quarterly revenue forecast, shares fall 3 percent
American Airlines Group Inc on Tuesday trimmed its first-quarter revenue forecast after cancelling hundreds of flights during the period, mainly due to the global grounding of Boeing Co’s 737 MAX.
Oil slips from five-month high as Russia signals output boost
Oil slipped from a five-month high above $71 a barrel on Tuesday as Russian comments signaling the possible easing of a supply-cutting deal with OPEC countered concern that violence in Libya could further tighten global markets.
