Aerospace group Safran’s shares fall after Ethiopian Airlines crash
Shares in French aerospace group Safran fell on Monday, which traders attributed to fallout from Sunday’s crash of an Ethiopian Airlines 737 MAX 8 plane.
Renault in talks over new alliance body with Nissan and Mitsubishi
French carmaker Renault said on Monday that it was in talks with its Japanese partners Nissan and Mitsubishi Motor over a new alliance body for the three companies.
Japan court blocks ex-Nissan boss Ghosn from attending board meeting: NHK
A Tokyo court rejected ousted Nissan boss Carlos Ghosn’s request to attend a board meeting this week, broadcaster NHK reported, denying him a seat at the table even as the car maker looks set to bolster an alliance he built over two decades.
Boeing says has no new guidance for 737 MAX 8 operators
Boeing said on Monday the investigation into the Ethiopian Airlines crash is in its early stages and there is no need to issue new guidance to operators of its 737 MAX 8 aircraft based on the information it has so far.
Tokyo court denies Ghosn’s request to attend Nissan board meeting: NHK
A Tokyo court denied former Nissan Motor boss Carlos Ghosn’s request to attend the automaker’s board meeting this week, days after he was released from detention on a $9 million bail, national broadcaster NHK reported on Monday.
Oil gains as Saudi stands by OPEC supply cuts, U.S. rig activity drops
Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall in U.S. drilling activity.
Tesla to raise vehicle prices, keep more stores open
Electric carmaker Tesla Inc said on Sunday it will raise prices of its high-end vehicles by about 3 percent on average as it plans to keep more retail stores open than planned.
Flydubai says remains confident in the airworthiness of Boeing 737 fleet
Flydubai remains confident in the airworthiness of its Boeing 737 planes, an airline spokeswoman said on Monday, a day after an Ethiopian Airlines 737 MAX 8 crashed.
JPMorgan merges commercial banking groups for fast-growing start-ups
JPMorgan Chase & Co said on Monday it is combining its middle-market technology and emerging growth commercial banking teams to better position the bank to handle start-ups that rapidly grow to be big companies.
Asian shares inch up as China rebounds on policy support hopes
Asian shares inched up on Monday as Chinese markets rebounded on hopes of more policy support for the slowing economy, but surprisingly weak U.S. employment data raised doubts about the strength of the global economy and limited gains.
