Ryanair pilots in Portugal vote for pay agreement
Irish-based carrier Ryanair said on Tuesday its pilots based in Portugal have voted for a labor agreement for the next four years, taking another step to head off any risk of another round of damaging strikes ahead of its peak summer season.
French group Thales completes 4.8 billion euro takeover of Gemalto
French aerospace and defense electronics group Thales said it had completed its previously announced 4.8 billion euros ($5.4 billion) takeover of chipmaker Gemalto, boosting Thales’ presence in the booming security services market.
Ghosn’s lawyers ask his trial be separate from those of Nissan, ex-director Kelly
Lawyers for ousted Nissan Motor boss Carlos Ghosn on Tuesday asked a Tokyo court that he stand trial for alleged financial wrongdoing separately from his former employer, saying he would not get a fair hearing otherwise.
Oil scales 2019 highs on firm China data, Iran sanctions threat
Oil prices rose to fresh 2019 highs on Tuesday, supported by firm Chinese economic data that eased demand concerns, the possibility of more sanctions on Iran and further Venezuelan supply disruptions.
Ghosn’s lawyers ask court for trial separate from Nissan and former director Kelly
Lawyers for former Nissan Motor Chairman Carlos Ghosn on Tuesday said they had asked that their client stand trial for alleged financial wrongdoing separately from Nissan because the company is helping prosecutors.
Apple, luxury brands drop China prices as VAT cuts come into effect
Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect.
Manufacturing rebound lifts Asian shares to seven-month highs
Asia shares extended their rally on Tuesday as positive Chinese and U.S factory activity surveys aided investor confidence, and the ebbing concerns over the global economy spurred selling of safe-haven U.S. bonds as yields rose from 15 month troughs.
U.S. to probe thousands of fires connected to Hyundai, Kia vehicles
The top U.S. auto safety regulator said on Monday it will open an investigation into 3 million Hyundai Motor Co and Kia Motors Corp vehicles after reviewing reports of more than 3,000 fires that injured over 100 people.
Asian shares rise to seven-month high on U.S., China manufacturing rebound
Asia shares extended their rally on Tuesday as factory activity surveys from China and the United States boosted investor confidence, triggering the largest one-day sell-off in the U.S. Treasury market in nearly three months.
Oil rises on Iran sanctions threat, Venezuela shutdown
Oil prices rose to fresh highs for the year on Tuesday, after a U.S. official said Washington is considering more sanctions on Iran and a key Venezuelan export terminal halted operations.
