Stocks tumble, bonds rally as U.S. recession risk flashes ‘amber’
Investors dumped shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of favour on growing worries about an impending U.S. recession, sending global yields plunging.
Oil prices slide on concerns of sharp economic slowdown
Oil prices kicked off the week’s trading with losses as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC’s production cutbacks and U.S. sanctions on Iran and Venezuela.
Boeing invites pilots, regulators to brief about plan to support 737 MAX’s return
Boeing Co said it invited airline pilots, technical leaders and regulators for an informational session in Renton, Washington on Wednesday, as part of an effort to share details about the plan to support the return of the 737 MAX to commercial service….
Yen strengthens, shares skid on U.S. recession fears
The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favor on growing worries about an impending U.S. recession, sending global bond yields plunging.
S&P 500 futures flat after report finds no Trump campaign collusion with Russia
S&P 500 e-mini futures turned flat, after rising slightly, on Sunday after U.S. Attorney General William Barr said Special Counsel Robert Mueller had found no evidence of collusion between President Donald Trump’s 2016 campaign team and Russia.
Exclusive: Telecom equipment provider Avaya considers leveraged buyout – sources
Telecommunications equipment and software vendor Avaya Holdings Corp is considering a leveraged buyout offer from a private equity firm that values it at more than $5 billion, including debt, people familiar with the matter said on Sunday.
Uber could announce $3 billion deal with Careem early this week: sources
Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal told Reuters.
Uber to announce deal to buy rival Careem as early as this week: Bloomberg
Uber Technologies Inc will announce plans to acquire Dubai-based rival Careem Networks FZ as early as this week, Bloomberg reported on Sunday, citing people familiar with the matter.
Ethiopian Airlines questions Boeing’s ‘aggressive’ software
An Ethiopian Airlines executive questioned whether Boeing had told pilots enough about “aggressive” software that pushes a plane’s nose down, a focus of investigation into a deadly crash in Ethiopia this month.
American Airlines extends Boeing 737 MAX flight cancellations through April 24
American Airlines said Sunday it will extend flight cancellation through April 24 because of the grounding of the Boeing 737 MAX after two fatal crashes since October and cut some additional flights.
