CHICAGO (Reuters) – Boeing Co (BA.N) has canceled a conference call it had scheduled for Tuesday morning with airlines to discuss systems on the 737 MAX model that crashed in Indonesia last month, two sources familiar with the matter said. Boeing was not immediately available to comment and it was not clear whether the call […]

CHICAGO (Reuters) – Boeing Co (BA.N) plans to hold a conference call with airlines on Tuesday morning to discuss systems on the 737 MAX model that crashed in Indonesia last month, according to four sources with familiar with the matter. A Lion Air Boeing 737 MAX crashed in the Java Sea on Oct. 29, killing […]

A planned stock market flotation of an aircraft-leasing fund vehicle co-founded by former Ryanair chief financial officer Howard Millar has been delayed until early next month. The initial public offering (IPO) of Sirius Aircraft Leasing Fund had originally been set for London tomorrow. The firm intends to raise at least an initial $250m (€218m) from […]

BANKS in this country have become more profitable since the financial crash. At the same time, other EU banks have seen their level of profits decline, a new paper from an economist based in the Central Bank has found. Banks here are gaining from the low cost of funds, and from the fact they have […]

NEW YORK (Reuters) – U.S. stocks dropped on Monday as investors dumped Apple, internet and other technology shares, further shaking confidence in a group of stocks that has propelled the long bull market. The Dow Jones Industrial Average fell 395.78 points, or 1.56 percent, to 25,017.44, the S&P 500 lost 45.56 points, or 1.67 percent, […]

COPENHAGEN (Reuters) – The whistleblower who revealed alleged money laundering involving Danske Bank (DANSKE.CO) said on Monday that a major European bank helped process up to $150 billion in suspicious payments, or nearly two-thirds of the transactions under scrutiny. Howard Wilkinson, who was head of Danske Bank’s trading unit in the Baltics from 2007 to […]

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ The chip industry’s new paradigm looks like the old one. As cutting-edge semiconductors got harder to make and demand boomed from new fields like bitcoin mining, the world’s top processor manufacturers seemed invulnerable. But shrinking […]

This story was first published in The Straits Times on July 15, 2006. REUTERS, WASHINGTON POST (DETROIT) – Nissan Motor and Renault chief executive (CEO) Carlos Ghosn on Thursday ruled out running General Motors (GM) in an expanded alliance that is the focus of talks that began yesterday. “I’m not going to run any other third company and that’s not what’s at stake here,” he told […]

LONDON (Reuters) – World shares struggled higher on Monday amid conflicting signals of a potential truce in the China-U.S. trade dispute, while the Federal Reserve’s new-found concerns over the global economy sapped the dollar. Asia had taken a while to warm up but finished strongly and Europe was heading for its first rise in four […]

(Reuters) – U.S. stock index futures dipped on Monday as Apple shares were hit by concerns of slowing demand for iPhones, while conflicting signals of a potential truce in the China-U.S. trade dispute added to market jitters. Shares of Apple Inc (AAPL.O) fell 1.5 percent after the Wall Street Journal reported the company has cut […]