Israel’s El Al to launch Orlando route amid North America expansion
El Al Israel Airlines said on Tuesday it was continuing to expand into North America with a nonstop flight during the summer months between Tel Aviv and Orlando.
Citigroup sees Saudi, UAE as top Mideast markets for deals this year: executive
Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United Arab Emirates this year, said Miguel Azevedo, Citigroup’s head of investment banking, Middle East and Africa.
Pernod CEO calls Elliott talks ‘cordial and constructive’
French spirits group Pernod Ricard’s CEO Alexandre Ricard on Tuesday described talks with activist investor Elliott as “confidential, but cordial and constructive”.
Oil up 1 percent on Saudi and OPEC cuts but outlook picture clouded
Oil prices gained about 1 percent on Tuesday, supported by OPEC-led production cuts and U.S. sanctions against Iran and Venezuela, though remain wary of surging U.S. output and the outcome of U.S.-China trade talks.
U.S. solar jobs down for second year as Trump tariffs weigh
The number of jobs in the U.S. solar industry dropped by 3.2 percent in 2018, a second year of losses, as the Trump administration’s tariffs on foreign panels and state-level policy changes hit demand for installations, according to an industry report …
Exclusive: India watchdog probes accusations that Google abused Android – sources
India’s antitrust commission is looking into accusations that Alphabet Inc’s unit Google abuses its popular Android mobile operating system to block its rivals, four sources with direct knowledge of the matter told Reuters.
Gaming firm Supercell’s 2018 profit falls as hit titles age
Finnish mobile game maker Supercell reported a 26 percent drop in 2018 core profit on Tuesday due to falling revenue for its ageing hit games Clash of Clans and Clash Royale.
Trade talk hopes and shutdown deal buoy global stocks
World shares and bond yields rode a renewed surge in risk appetite on Tuesday, as investors were optimistic about U.S.-China trade talks and cheered Washington’s deal to avoid another government shutdown.
Credit Suisse cuts global stocks to neutral
Credit Suisse has cut its view on global stocks to neutral from overweight, saying a number of short-term risks including possible volatility linked to the Sino-U.S. trade talks and political tensions in Europe could put market gains at risk.
Nissan books $84 million Ghosn-related charges, cuts outlook
Nissan Motor Co said it had booked around $84 million in charges related to under-reported compensation for ousted chairman Carlos Ghosn, and slashed its annual profit outlook on weaker global sales.
