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Updated: 2 hours 31 sec ago

Global shares at five-month high, sterling rides Brexit twists

2 hours 19 min ago
Stock markets across the world rose on Tuesday for a seventh session, the longest winning streak of the year, while sterling wobbled against the U.S. dollar on expectations European Union officials would allow Britain a delay on Brexit negotiations.
Categories: Business News

Ethiopian crash crew's voices may unlock high-stakes Boeing inquiry

2 hours 39 min ago
The investigation into the final minutes of Ethiopian Airlines Flight 302 turned on Tuesday to the secrets in the cockpit voice recorder as Boeing and a shaken global aviation industry hung on the outcome.
Categories: Business News

EU to study Boeing software updates before allowing flights to resume

2 hours 42 min ago
The European Union will not allow models of the Boeing aircraft that crashed in Ethiopia to fly in its skies until it has received sufficient guarantees from the U.S. planemaker, the head of the bloc's aviation safety agency said.
Categories: Business News

U.S. factory orders barely rise; shipments fall further

2 hours 47 min ago
New orders for U.S.-made goods rose less than expected in January and shipments fell for a fourth straight month, offering more evidence of a slowdown in manufacturing activity.
Categories: Business News

Lenders and travelers stick with Ethiopian Airlines, for now

3 hours 15 min ago
Financiers, passengers and industry partners are, for now, still backing Ethiopian Airlines' quest to become Africa's dominant carrier, despite a March 10 crash that killed 157 people.
Categories: Business News

Jet Airways crisis worsens as Indian government steps in, pilots threaten strike

3 hours 26 min ago
A crisis at India's Jet Airways deepened on Tuesday as an increasingly worried Indian government called for an emergency meeting, angry passengers demanded refunds and pilots threatened to go on strike over unpaid salaries.
Categories: Business News

Hackers hit aluminum maker Hydro, knock some plants offline

3 hours 27 min ago
Norsk Hydro, one of the world's largest producers of aluminum, battled on Tuesday to contain a cyber attack which hit parts of its production, sending its shares lower and aluminum prices higher.
Categories: Business News

Wall Street higher as Fed expected to hold fire

3 hours 36 min ago
U.S. stocks rose on Tuesday with technology and financial shares leading gains, as investors expected a more accommodative policy stance at the end of the Federal Reserve's two-day meeting this week.
Categories: Business News

Murdoch's new Fox debuts on Nasdaq, names ex-Speaker Paul Ryan to board

3 hours 59 min ago
Fox Corp debuted on the Nasdaq on Tuesday, marking a new phase for billionaire Rupert Murdoch's media business after the $71 billion sale of Twenty-First Century Fox Inc's film and television assets to Walt Disney Co.
Categories: Business News

Norway says Norsk Hydro has been exposed to LockerGoga ransomware attack

4 hours 58 min ago
Aluminum producer Norsk Hydro has been exposed to a LockerGoga ransomware attack, a spokesman for the Norwegian National Security Authority, in charge of cyber security, told Reuters on Tuesday.
Categories: Business News

Aluminum producer Hydro hit by cyber attack, shuts some plants

5 hours 27 min ago
Norsk Hydro, one of the world's largest producers of aluminum, was battling on Tuesday to contain a cyber attack which hit parts of its production, sending its shares lower and aluminum prices higher.
Categories: Business News

Hackers demanded ransom money from Norsk Hydro to stop cyber attack: NRK

5 hours 28 min ago
Hackers demanded ransom money from Norsk Hydro to stop an ongoing cyber attack on its IT systems, public broadcaster NRK reported on its website, citing a message sent by the Norwegian National Centre for Cybersecurity.
Categories: Business News

Fiat Chrysler revs up as Peugeot points to merger potential

5 hours 35 min ago
Fiat Chrysler shares jumped on Tuesday to the top of Europe's STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options.
Categories: Business News

Exclusive: Advent and Blackstone among bidders for WPP market research arm Kantar - sources

5 hours 36 min ago
A series of buyout funds including U.S. firms Advent and Blackstone are in talks with advertising group WPP to explore bids for a majority stake in its data analytics unit Kantar, four sources familiar with the matter told Reuters.
Categories: Business News

People want higher taxes on rich, better welfare: 21-country OECD survey

5 hours 45 min ago
A strong majority of people in wealthy countries want to tax the rich more and there is broad support for building up the welfare state in most countries, a survey conducted for the OECD showed on Tuesday.
Categories: Business News

Stock futures higher as Fed kicks off policy meeting

5 hours 58 min ago
U.S. stock futures rose slightly on Tuesday as investors anticipated a more accommodative policy stance from the U.S. Federal Reserve in a two-day policy meeting this week.
Categories: Business News

Ethiopian crash crew's voices could unlock high-stakes Boeing inquiry

6 hours 18 min ago
The investigation into the final minutes of Ethiopian Airlines Flight 302 turned on Tuesday to the secrets in the cockpit voice recorder as Boeing and a shaken global aviation industry hung on the outcome.
Categories: Business News

Factbox: What we know about Boeing 737 MAX crash and what comes next

6 hours 19 min ago
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.
Categories: Business News

Jet Airways now operating only 41 aircraft, could reduce further: regulator

6 hours 21 min ago
India's aviation regulator said on Tuesday that Jet Airways is currently operating only 41 aircraft, just a third of its original fleet, as the debt-laden carrier struggles to finalize a rescue deal with lenders and its major shareholder Etihad Airways.
Categories: Business News

Merkel: Won't take stand on possible Deutsche Bank/Commerzbank merger

6 hours 23 min ago
German Chancellor Angela Merkel said on Tuesday only Deutsche Bank and Commerzbank could decide whether they wanted to merge, making clear she would not take a stand.
Categories: Business News

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