Berlin backs Deutsche Bank merger despite risk of shortfall: sources
Berlin is so worried about the health of Deutsche Bank that it pushed for a merger with rival Commerzbank even though it could open up a huge financial shortfall, a German official told Reuters.
Delta Air Lines stock could fly higher: Barron’s
Delta Air Lines Inc stock could jump into the mid-$60s per share from around $50 now if it can hit its earnings target of $6 to $7 a share this year, up from $5.65 in 2018, according to an analyst in a Barron’s article on Sunday.
Boeing’s 737 MAX back in spotlight after second fatal crash
The latest version of Boeing Co’s best-selling 737 family – a global industry workhorse – has again been thrust into the spotlight after a fatal crash in Ethiopia, months after a deadly crash involving an identical brand-new jet in Indonesia.
Nvidia nears deal to acquire Mellanox Technologies: source
Chipmaker Nvidia Corp is nearing a deal to acquire peer Mellanox Technologies Ltd for more than $7 billion in cash, a person familiar with the matter said on Sunday.
Exclusive: Saudi’s Falih says no OPEC+ output policy change until June
Saudi oil minister Khalid al-Falih said on Sunday it would be too early to change OPEC+ output policy at the group’s meeting in April and that China and the U.S. would lead healthy global demand for oil this year.
Oil majors strut into Houston for annual energy conference
The oil industry converges this week on Houston at CERAWeek, the largest gathering of top energy executives in the Americas, with oil majors showing a bigger presence as the United States has taken the crown as the largest crude producer in the world.
Enbridge pipeline delay spooks traders in long-term Canada crude market
North American energy traders are reluctant to take up long-term positions on Canadian crude price moves, preferring to stick to spot deals, as uncertainty around government intervention in the market grows following delays to a critical pipeline proje…
Renault, Nissan, MMC plan joint board meeting, eye integration: report
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to set up a joint board meeting structure to discuss issues related to their alliance in a step toward integration of operations, TV Tokyo reported on Sunday.
Kia Motors considers suspending its No.1 plant in China: source
Kia Motors may halt operations at its No.1 plant in China as part of its longer-term efforts to enhance competitiveness, a source familiar with the matter said on Sunday.
Nvidia offers bid for Israeli chip firm Mellanox: report
Nvidia Corp has submitted an offer to buy Israeli chip designer Mellanox, the Calcalist financial news website said on Sunday.
