U.S. judge says SEC may pursue Rio Tinto fraud case
A U.S. judge on Monday rejected Rio Tinto Plc’s bid to dismiss a Securities and Exchange Commission lawsuit accusing the Anglo-Australian mining company of civil fraud in its handling of a failed investment in a Mozambique coal project.
Exclusive: Sanofi says working on CEO succession plan
Pharmaceuticals group Sanofi is working on a plan to find a new CEO in agreement and consultation with current chief executive Olivier Brandicourt, a spokesman for the French drugmaker told Reuters on Monday.
Top Wall Street banks working on Deutsche-Commerzbank merger: sources
Goldman Sachs and Citi are helping Germany’s two biggest lenders work on their potential $28 billion-plus merger, people close to the matter said on Monday.
Oil up as OPEC-led supply cuts support, Cushing draws down
Oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs and signs of inventory declines at the delivery point for U.S. crude futures.
Ethiopia and Indonesia crash parallels heap pressure on Boeing
Investigators into the Boeing Co 737 MAX crash in Ethiopia have found striking similarities in a vital flight angle with an airplane that came down off Indonesia, a source said, piling pressure on the world’s biggest planemaker.
What we know about Boeing 737 MAX crash and what comes next
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.
Exclusive: Data shows angle of attack similar in Boeing 737 crashes
Investigators probing the crash of an Ethiopian Airlines Boeing 737 MAX jet eight days ago have found strong similarities in the ‘angle of attack’ data recorded by the doomed aircraft’s cockpit recorder and data from a Lion Air jet of the same model th…
Commerzbank wants clarity on merger in two-three weeks: sources
Commerzbank management wants to decide on whether to go ahead with a potential merger with Deutsche Bank in the next 2 to 3 weeks, two sources with knowledge of the matter said on Monday.
Pressure rises on Boeing over Ethiopia, Indonesia crash parallels
Investigators probing the Boeing 737 MAX crash in Ethiopia have found similarities in direction data with an aeroplane that came down off Indonesia, a source said, heightening pressure on the world’s biggest planemaker.
Exclusive: Sanofi says working at hiring a new CEO
Sanofi is working on a succession plan to find a new CEO in agreement and consultation with current Chief Executive Olivier Brandicourt, a spokesman with the French drugmaker told Reuters on Monday.
