Cracks emerge in global aviation finance boom
An unprecedented boom in the $280 billion aircraft finance industry is showing signs of faltering as rising interest rates, cut-rate competition and higher oil prices trigger a shakeout in a sector that has attracted a flood of Chinese funding.
Verizon to reorganize business segments
Verizon Communications Inc said on Monday it will reorganize its business segments into Consumer, Business and Verizon Media Group/Oath to focus on the types of customers it serves.
Goldman Sachs, mega-M&A purveyor, looks for smaller deals
The top echelons of Goldman Sachs Group Inc’s investment bank hosted a dinner over the summer with the representatives of almost 20 private equity firms at Manhattan’s Legacy Records restaurant.
Britain regrets imposition of U.S. sanctions on Iran: PM May’s spokesman
Britain said on Monday it regretted a U.S. decision to reimpose sanctions on Iran.
Investors slam brakes on stocks rally as trade, Fed worries dominate
World stocks slipped and U.S. shares were set to fall on Monday, halting a four-day recovery rally as anxiety surrounding global trade conditions and rising U.S. interest rates dampened risk appetite.
Iran’s Zarif says sanctions ‘backfiring’, isolating U.S.
Iranian Foreign Minister Mohammad Javad Zarif said on Monday that new U.S. sanctions were “backfiring”, making Washington more isolated, not the Islamic Republic.
Iran says it will resist ‘economic war’ as U.S. revives curbs
Iran said it would defy U.S. sanctions reimposed on it by Washington on Monday, denouncing as “economic war” the U.S. attempt to curb Tehran’s missile and nuclear programs and weaken its influence in the Middle East.
Swiss talk with U.S., Iran about humanitarian payment channel for food, drugs
Switzerland is holding talks with the United States and Iran about launching a humanitarian payment channel to help ensure food and drugs keep flowing to the Islamic Republic amid tightened U.S. sanctions, the government said.
Germany says legal business relations with Iran should be possible
Germany is convinced that it should enable legal business relations with Iran and is checking how to protect companies affected by sanctions reimposed on Iran by Washington, a government spokesman said on Monday.
Brazil’s Embraer sells jets worth $705 million to American Airlines: statement
Brazilian planemaker Embraer SA said on Monday American Airlines has placed a firm order for 15 E175 jets, a contract valued at $705 million, according to a securities filing.
