Fiat Chrysler revs up as Peugeot points to merger potential
Fiat Chrysler shares jumped on Tuesday to the top of Europe’s STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options.
Stock futures higher as Fed kicks off policy meeting
U.S. stock futures rose slightly on Tuesday as investors anticipated a more accommodative policy stance from the U.S. Federal Reserve in a two-day policy meeting this week.
Ethiopian crash crew’s voices could unlock high-stakes Boeing inquiry
The investigation into the final minutes of Ethiopian Airlines Flight 302 turned on Tuesday to the secrets in the cockpit voice recorder as Boeing and a shaken global aviation industry hung on the outcome.
Factbox: What we know about Boeing 737 MAX crash and what comes next
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets have been grounded worldwide after two fatal crashes in the past five months in Ethiopia and Indonesia killed nearly 350 people.
Jet Airways now operating only 41 aircraft, could reduce further: regulator
India’s aviation regulator said on Tuesday that Jet Airways is currently operating only 41 aircraft, just a third of its original fleet, as the debt-laden carrier struggles to finalize a rescue deal with lenders and its major shareholder Etihad Airways…
Merkel: Won’t take stand on possible Deutsche Bank/Commerzbank merger
German Chancellor Angela Merkel said on Tuesday only Deutsche Bank and Commerzbank could decide whether they wanted to merge, making clear she would not take a stand.
German economic advisor opposed to Deutsche, Ccommerzbank merger
An economic advisor to the German government, Isabel Schnabel, said on Tuesday she strongly advised against a possible merger of Deutsche Bank and Commerzbank.
HSBC promotes 1300 staff as investment bank overhaul gathers pace: memo
HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalizing its investment banking franchise.
Norsk Hydro shuts some extrusion plants due cyber attack
Aluminum maker Norsk Hydro has closed down some of its metal extrusion plants due to a cyber attack on its operations, it said on Tuesday.
Norway say Hydro cyber attack began Monday evening and escalated during the night
The cyber attack on aluminum producer Norsk Hydro began on Monday evening and escalated during the night, the Norwegian state agency in charge of cyber security said on Tuesday.
