Airlines that have been forced to rejig operations due to the grounding of the 737 MAX could face a markedly different problem when Boeing Co’s best-selling jet is finally cleared to re-enter service: a gradual switch to concerns about oversupply, a leading analyst warned on Monday.
Oil rises more than 1% on U.S.-China hopes and improved outlook
Oil prices rose more than 1% on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.
Oil rises more than 1% on U.S.-China hopes and improved outlook
Oil prices rose more than 1% on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.
Watchdog warns UK fund managers to avoid Woodford liquidity trap
Asset managers must ensure effective liquidity management of their funds, even where investment decisions have been delegated to others, Britain’s Financial Conduct Authority said.
Saudi Aramco kick-starts what could be world’s biggest IPO, offers scant details
By Rania El Gamal, Marwa Rashad, Saeed Azhar and Davide Barbuscia
Delta might pull out of Alitalia bid consortium – newspaper
Delta Air Lines could pull out of a consortium looking to rescue Italy’s Alitalia as it is unwilling to enter a possible bidding war with Lufthansa , newspaper Il Corriere della Sera reported on Sunday, citing two sources.
Trade talks in balance at Southeast Asian leaders summit
Plans to finalise an Asia-wide trade deal at a summit in Bangkok this weekend were uncertain after new demands raised by India in the negotiations to create the world’s largest trading bloc.
Fiat Chrysler and Peugeot expected to sign binding merger deal as soon as early-December: source
Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of next month, a source familiar with the matter said on Saturday.
U.S. October job growth beats expectations despite GM strike
U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere and hiring in the prior two months was stronger than previously estimated, offering some assurance that consumers would continue to support the slowing economy.
Factbox: GM strike sends ripples across auto parts suppliers
Several auto parts makers and suppliers have lowered their full-year forecasts and disclosed hits to quarterly earnings from the 40-day strike at No.1 U.S. carmaker General Motors .