United won’t fly 737 MAX until after summer amid new approval delays
United Airlines Holdings Inc extended on Friday the cancellation of Boeing 737 MAX flights until early September, a fresh delay that comes as sources told Reuters that the timing of a key certification flight may not happen until at least April.
Amazon, Flipkart challenge new Indian tax on online sellers
Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to a document seen by Reuters…
Google protests ‘eye-catching’ $2.6 billion EU fine, judge disagrees
Google on Friday attacked what it called an eye-catching 2.4 billion euro ($2.6 billion) EU antitrust fine, prompting a judge to ask how a rich company can miss a relatively paltry amount.
Oil rises nearly 1% on hopes demand will rebound from coronavirus effect
Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.
Exclusive: Venezuela’s PDVSA steps up fuel shipments to Cuba as shortages bite
Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters.
Investors bet emerging markets will weather coronavirus impact
Investors are edging back into emerging markets, even though worries about the coronavirus’s impact on global economic growth have clouded prospects for the boom-and-bust asset class.
United Airlines pulls Boeing 737 MAX from schedule until September 4
United Airlines Holdings Inc said on Friday it is extending the cancellation of Boeing 737 MAX flights until Sept. 4, a fresh delay that comes as sources told Reuters that the timing of a key certification flight may not happen until at least April.
Pot producer Canopy doing ‘thorough’ review of facilities as it pursues profits
Canada’s biggest cannabis producer, Canopy Growth Corp , is conducting a “thorough strategic review” of its production facilities to focus on its most lucrative markets and product lines, company executives said on Friday.
Nvidia pushes S&P 500, Nasdaq higher amid coronavirus worries
The S&P 500 and the Nasdaq edged higher on Friday, supported by Nvidia shares after its upbeat outlook, but concerns about an economic hit from the coronavirus outbreak limited gains.
Oil rises 1% on hopes demand will rebound from coronavirus effect
Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.
