U.S. says several airlines’ operations affected by non-FAA data program
Operations for Southwest Airlines Co, United Continental, JetBlue Airways Co, Alaska Air Group and Delta Air Lines Inc were impacted on Monday by data problems, the Federal Aviation Administration said in a statement.
Sweden will not investigate Swedbank over Browder complaint
Sweden’s Economic Crime Authority said it will not investigate Swedbank over a criminal complaint alleging money laundering brought by campaigning investor Bill Browder.
Shares surge on China’s factory rebound, trade optimism
Global stocks surged on Monday, extending gains from their best quarter since 2010, as strong Chinese factory activity data and signs of progress in U.S.-China trade negotiations gave investors reason to cheer.
Ethiopian crash could be largest non-war aviation reinsurance claim: Willis Re
Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, hitting reinsurers’ profitability, reinsurance broker Willis Re said.
Vegetarian patty gets the Burger King Whopper test
Vegetarian burgers may finally be getting the recognition they need to go main stream. On Monday Burger King and Silicon Valley startup Impossible Foods announced the roll-out of the Impossible Whopper in 59 stores in and around St. Louis, Missouri.
Global factory activity weak in March as clouds gather
Factory activity remained weak around the world last month, reinforcing worries of a global slowdown as forward-looking indicators pointed to gloomy times ahead, surveys showed on Monday.
Sweden decides against investigating Swedbank over Browder complaint
The Swedish Economic Crime Authority said on Monday it had decided against opening an investigation into Swedbank over a criminal complaint brought by Bill Browder, an investor campaigning to expose money laundering.
Airlines slump as EasyJet blames Brexit for weak outlook
British low-cost carrier easyJet warned on Monday that demand for tickets and prices were coming under pressure because of Brexit jitters and a weaker economic outlook, sending shares in European airlines lower.
Oil extends first-quarter gains on tight supply, economic optimism
Oil rose on Monday, building on its largest first-quarter gains in nearly a decade, as tight supply and positive signs for the global economy supported prices.
Saudi ban on Boeing MAX flights to continue for near future: minister
Saudi Arabia has no immediate plans to allow Boeing 737 MAX aircraft to operate in the kingdom, its transport minister said on Monday, as state airline flyadeal potentially reconsiders an order for the jets.
