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   NEWS: REUTERS BUSINESS
Reuters Business
Jun 19, 2019

Factbox: Airbus and Boeing aircraft deals at Paris Airshow
Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.

Reuters Business
Jun 19, 2019

China retains anti-dumping tariffs on U.S. distillers grains ahead of Trump-Xi talks
China's Ministry of Commerce said on Wednesday it will maintain anti-dumping and anti-subsidy tariffs on imports of U.S. distillers grains (DDGs), a by-product of ethanol production used in animal feed, after closing a review launched in April.

Reuters Business
Jun 19, 2019

Oil gains amid U.S.-China trade deal hopes, ECB talk of easing policy
Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and potential economic stimulus from the European Central Bank (ECB).

Reuters Business
Jun 19, 2019

Blackstone chief donates $188 million to Oxford University
(This story corrects currency of donation from dollars to sterling in June 18 story.)

Reuters Business
Jun 19, 2019

After Boeing showstopper, Airbus seeks order bounce
Airbus, reeling from the potential loss of a major customer for its best-selling A320neo as British Airways owner IAG placed a lifeline order for the grounded 737 MAX, prepared to hit back with more orders for its A321XLR on Wednesday.

Reuters Business
Jun 19, 2019

Qantas orders 10 A321XLRs, converts 26 more to model from prior order
Australia's Qantas Airways Ltd said on Wednesday it would order 10 Airbus SE A321XLR jets and convert another 26 from a prior order to the new long-range model.

Reuters Business
Jun 19, 2019

Asia shares pin all on dovish Fed, risk disappointment
Asian shares hit five-week highs on Wednesday as investors wagered the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.

Reuters Business
Jun 19, 2019

Wall Street takes on long-term care payouts as insurers balk at costs
Some U.S. insurers are turning to Wall Street's financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved.

Reuters Business
Jun 19, 2019

Fed likely to leave rates steady, despite market outlook and Trump demands
The U.S. Federal Reserve concludes its latest two-day policy meeting on Wednesday expected to leave interest rates on hold but flag whether it plans to cut rates later this year as investors expect and the U.S. president has demanded.

Reuters Business
Jun 19, 2019

Toyota snub dents Saudi Arabia's manufacturing drive
Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman's grand plan to wean the kingdom off oil revenues and create jobs for young Saudis.

Reuters Business
Jun 18, 2019

Asian shares climb, wager all on dovish Fed, trade hopes revive
Asian shares hit five-week highs on Wednesday as investors hoped the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.

Reuters Business
Jun 18, 2019

Oil gains amid Middle East tensions, U.S.-China trade deal hopes
Oil prices extended gains on Wednesday after rising in the previous session on rekindled hopes for a U.S.-China trade deal and on the potential for conflict between the U.S. and Iran in the Middle East after tanker attacks there last week.

Reuters Business
Jun 18, 2019

Trade tensions kick Asian business confidence to 10-year low: Thomson Reuters/INSEAD
Confidence among Asian companies in the June quarter fell to its lowest since the 2008-09 financial crisis, as a U.S.-China trade war disrupts global supply chains and shows little sign of easing soon, a Thomson Reuters/INSEAD survey found.

Reuters Business
Jun 18, 2019

China to maintain anti-dumping tariffs on U.S. distillers grains
China's Ministry of Commerce on Wednesday said it will maintain anti-dumping and anti-subsidy tariffs on imports of U.S. distillers grains (DDGS), a cereal by-product of ethanol manufacturing, after completing a review launched in April.

Reuters Business
Jun 18, 2019

Qantas adds 10 Airbus jets to order, will take 36 A321XLRs
Australia's Qantas Airways Ltd said on Wednesday it would order 10 Airbus SE A321XLR jets, taking its total A320neo family order to 109 jets.

Reuters Business
Jun 18, 2019

Most SoftBank Vision Fund investors want to join second fund: CEO Son
Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, founder and Chief Executive Masayoshi Son said on Wednesday.

Reuters Business
Jun 18, 2019

Nissan considers seats for Renault chairman, CEO in new committees: Nikkei
Nissan Motor Co Ltd plans to give seats in its four proposed committees to alliance partner Renault SA's chief executive and chairman, Japan's Nikkei newspaper reported on Wednesday, citing sources.

Reuters Business
Jun 18, 2019

Korean Air to buy 20 Boeing 787s, lease 10 more
Korean Air Lines Co Ltd said on Wednesday it will add 30 Boeing Co Dreamliner passenger jets to its fleet, including what it said would be the country's first use of the largest Dreamliner model, the 787-10.

Reuters Business
Jun 18, 2019

Oil extends gains amid Middle East tensions, U.S.-China trade deal hopes
Oil prices climbed on Wednesday, extending sharp gains from the previous session on rekindled hopes for a U.S.-China trade deal and on continued tensions in the Middle East after tanker attacks there last week.

Reuters Business
Jun 18, 2019

Asian shares jump on Fed rate fever, trade war hope
Asian share markets jumped on Wednesday as investors dared to hope the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.

Reuters Business
Jun 18, 2019

PG&E settles California fire claims with local governments for $1 billion
PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.

Reuters Business
Jun 18, 2019

Electric dreams in danger as funding dwindles for China's Tesla challengers
Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups.

Reuters Business
Jun 18, 2019

PG&E settles California fire claims with local governments for $1 bln
PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.

Reuters Business
Jun 18, 2019

South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion
South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion.

Reuters Business
Jun 18, 2019

Canada approves contentious oil pipeline expansion, expects legal challenges
Canada on Tuesday approved as expected a hotly contested proposal to expand the western Canadian crude oil pipeline it bought last year, providing hope for a depressed energy industry but angering environmental groups.

Reuters Business
Jun 18, 2019

Blackstone chief donates $150 million to Oxford University
The head of private equity firm Blackstone has pledged $150 million to Oxford University, the biggest single donation in its history, to fund a center for humanities that would also house an institute to study the ethics of artificial intelligence.

Reuters Business
Jun 18, 2019

Adobe beats quarterly estimates on cloud strength; shares rise
Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud, sending its shares up 4.6% after market.

Reuters Business
Jun 18, 2019

Google invests $1 billion to ease housing shortage near California headquarters
Alphabet Inc's Google announced on Tuesday it would set aside $750 million in land and $250 million in financing to spur developers in the San Francisco Bay Area to build at least 20,000 homes and rehabilitate other housing over the next decade.

Reuters Business
Jun 18, 2019

Facebook's cryptocurrency ambitions face privacy concerns, political backlash
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

Reuters Business
Jun 18, 2019

U.S. lawmaker calls for Facebook to pause cryptocurrency project
A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.

Reuters Business
Jun 18, 2019

Nissan considers seats for top two Renault executives in new committees: Nikkei
Nissan Motor Co has plans to give multiple seats in its four proposed committees to alliance partner Renault SA's chief executive and chairman, Japan's Nikkei newspaper reported on Wednesday, citing sources.

Reuters Business
Jun 18, 2019

Trump pressures Fed's Powell: 'Let's see what he does'
President Donald Trump on Tuesday kept up pressure on the head of the Federal Reserve to lower interest rates, following a report that White House lawyers earlier this year explored whether they could legally strip Jerome Powell of the Fed chairmanship.

Reuters Business
Jun 18, 2019

Exclusive: U.S. seen open to mechanism to end aircraft subsidy fight - sources
The United States is expected to be open to negotiations on an "enforceable mechanism" that could allow European planemaker Airbus to receive government funding on commercial terms and ease the risk of tit-for-tat sanctions, two U.S. sources said.

Reuters Business
Jun 18, 2019

Senior U.S. lawmaker says Facebook should halt cryptocurrency project pending review
U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review.

Reuters Business
Jun 18, 2019

Comcast partners with Charter, Cox to advance targeted advertising
U.S. cable provider Comcast Corp on Tuesday launched a program to further develop an advertising strategy that better targets audiences, as the TV industry looks to lure more advertisers away from digital players like Facebook Inc and Alphabet Inc's Google.

Reuters Business
Jun 18, 2019

Wall Street nears record as mood on trade again turns optimistic
Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year.

Reuters Business
Jun 18, 2019

U.S. lawmaker calls for hearing into Facebook's cryptocurrency
A senior Republican lawmaker wants Congress to promptly examine Facebook Inc's decision to launch its own cryptocurrency.

Reuters Business
Jun 18, 2019

Photoshop maker Adobe beats revenue, profit estimates
Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud.

Reuters Business
Jun 18, 2019

Global stocks lifted by hopes for monetary policy, U.S.-China trade
Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, with equities getting an extra boost from confirmation that U.S. President Donald Trump would meet China's president to talk about trade.

Reuters Business
Jun 18, 2019

Barrick CEO believes Acacia offer is fair after extending bid deadline
Barrick Gold Corp, the world's No. 2 gold miner, believes its proposed offer to take full control of its African unit is "more than fair" and will engage with Acacia Mining Plc's board and minority shareholders to win them over, Chief Executive Mark Bristow told Reuters on Tuesday.

Reuters Business
Jun 18, 2019

Wall St. rises on hopes for trade talks, Fed rate cuts
U.S. stocks surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the U.S. Federal Reserve will cut interest rates this year.

Reuters Business
Jun 18, 2019

Germany to buy three new Bombardier jets
Germany's government will buy three new Bombardier jets this year, RND newspapers reported on Tuesday, adding that the deal would have a volume of 240 million euros ($268.51 million).

Reuters Business
Jun 18, 2019

Airbus seeks new partners to expand in U.S. space market
Airbus' defense division is looking for new partners to expand its presence in the growing U.S. space market, and could potentially build components for a lunar program there, Airbus Defense and Space Chief Executive Dirk Hoke told Reuters.

Reuters Business
Jun 18, 2019

Oil climbs over $1/bbl on U.S.-China trade deal hopes, Mideast tension
Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were rekindling trade talks ahead of a meeting at the G20 summit later this month, spurring hopes that the two countries would resolve an ongoing trade war.

Reuters Business
Jun 18, 2019

Wall St. rises as mood on trade again turns optimistic, nears record high
Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment along with growing investor confidence that the Fed will cut interest rates this year.

Reuters Business
Jun 18, 2019

White House considered demoting Fed's Powell: report
Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloomberg News published on Tuesday.

Reuters Business
Jun 18, 2019

Boost for Boeing as BA owner backs grounded jet with 200-plane order
Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX jets that have been grounded since March after two deadly crashes.

Reuters Business
Jun 18, 2019

Facebook reveals Libra cryptocurrency, sparking new privacy concerns
Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.

Reuters Business
Jun 18, 2019

Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg
Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter.

Reuters Business
Jun 18, 2019

Anadarko approves $20 billion LNG export project in Mozambique
U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie.

Reuters Business
Jun 18, 2019

White House considered demoting Fed's Powell -report
Lawyers at the White House earlier this year explored the legality of stripping Jerome Powell of his Federal Reserve chairmanship and demoting him to be just one of as many as seven governors of the U.S. central bank, according to a report from Bloomberg News published on Tuesday.

Reuters Business
Jun 18, 2019

U.S., China rekindle trade talks ahead of Trump-Xi G20 meeting
China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets with hope that an escalating trade war between the two countries would abate.

Reuters Business
Jun 18, 2019

Global stocks fueled by hopes on monetary policy, U.S.-China trade
Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, while equities got an extra boost when U.S. President Donald Trump confirmed a meeting with China's president amid the countries' trade dispute.

Reuters Business
Jun 18, 2019

Wall St. pushes higher on trade hopes, dovish Fed bets
Wall Street's main indexes rallied on Tuesday, with the S&P 500 inching close to record levels, as President Donald Trump's comments on restarting trade talks with China added to optimism of a more accommodative Federal Reserve.

Reuters Business
Jun 18, 2019

Oil climbs 3% on hopes U.S.-China trade talks resume, Mideast tension
Oil prices rose more than $1 a barrel on Tuesday after U.S. President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit later this month.

Reuters Business
Jun 18, 2019

Rolls-Royce boss laments Brexit distraction at Paris Airshow
Rolls-Royce chief executive Warren East said on Tuesday that uncertainties over Brexit remain an unwelcome distraction for the aerospace industry three years after Britain voted to leave the European Union.

Reuters Business
Jun 18, 2019

BoE's Carney says keeping open mind on Facebook's Libra
Bank of England governor Mark Carney has said he is keeping an 'open mind' on the potential utility of Facebook's planned cryptocurrency, but warned it may face strict regulation if it takes off.

Reuters Business
Jun 18, 2019

Trump not taking action against Fed chair Powell: White House adviser
White House economic adviser Larry Kudlow on Tuesday said U.S. President Donald Trump is not considering any changes to Fed Chairman Jerome Powell's status following a report that the White House had explored the possibility of demoting him.

Reuters Business
Jun 18, 2019

Trade optimism, dovish Fed bets power Wall Street rally
U.S. stocks rallied on Tuesday, with the S&P 500 inching close to record levels, as President Donald Trump's comments on restarting trade talks with China added to optimism of a more accommodative Federal Reserve.

Reuters Business
Jun 18, 2019

Boost for Boeing as BA owner backs grounded 737 MAX jet
Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX aircraft that have been grounded since March after two deadly crashes.

Reuters Business
Jun 18, 2019

Exclusive: Banks face new challenges in Italian diamond scandal
A long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy's largest lender, and smaller rival Banco BPM.

Reuters Business
Jun 18, 2019

Oil soars 4% on hopes U.S.-China trade talks resume, Mideast tension
Oil prices rose about $2 a barrel on Tuesday after U.S. President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit later this month.

Reuters Business
Jun 18, 2019

White House's Kudlow: U.S. looking for 'enforceable' trade deal with China - Fox
The United States wants to continue trade discussions with China that focus on structural changes and enforcement mechanisms when talks continue late this month during the G20 summit in Japan, White House economic adviser Larry Kudlow said on Tuesday.

Reuters Business
Jun 18, 2019

German government to buy three new Bombardier jets: papers
Germany's government will buy three new Bombardier jets this year, RND newspapers reported on Tuesday, adding that the deal would have a volume of 240 million euros ($268.51 million).

Reuters Business
Jun 18, 2019

Eviation targets commuters with electric plane Alice
An electric plane capable of flying up to 650 miles with nine passengers made its debut at the Paris Airshow on Tuesday, with its manufacturer targeting regional commuter routes such as the French capital to the southern city of Toulouse.

Reuters Business
Jun 18, 2019

Draghi questions market-based inflation indicators
Some market-based measures of inflation expectations have lost significance "due to technical conditions", the European Central Bank's President Mario Draghi said on Tuesday.

Reuters Business
Jun 18, 2019

World electronic gaming revenues to grow 9.6% to $152.1 billion in 2019: report
The global video and electronic games market will generate $152.1 billion in 2019, up 9.6% over last year as gaming morphs into content and communication, according to a report by gaming analytics firm Newzoo on Tuesday.

Reuters Business
Jun 18, 2019

Bayer asks trial judge to reverse $2 billion Roundup jury verdict
Bayer AG has asked a California judge to overrule a $2 billion verdict by jurors who found the company's glyphosate-based Roundup weed killer responsible for a couple's cancer, arguing the jury decision was not supported by evidence.

Reuters Business
Jun 18, 2019

Global stocks rally on hopes from trade, monetary policy
Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic stimulus, while equities got an extra boost when U.S. President Donald Trump confirmed a meeting with China's president amid the countries' trade dispute.

Reuters Business
Jun 18, 2019

Airbus Helicopters sees 18-month wait for oil & gas demand pick-up
Airbus expects it will be another 18 months before it sees the first signs of a recovery in demand for large helicopters from the oil and gas industry, the head of its helicopter division said on Tuesday.

Reuters Business
Jun 18, 2019

Trump says U.S., Chinese teams to restart trade talks ahead of G20
U.S. President Donald Trump said on Tuesday he had spoken to Chinese President Xi Jinping and that the two leaders' teams would restart trade talks after a long lull in order to prepare for a meeting at the G20 summit later this month.

Reuters Business
Jun 18, 2019

Boeing 737 MAX boosted by IAG plan to order 200 jets
Boeing's grounded 737 MAX jet received a boost on Tuesday after British Airways-owner IAG signed a letter of intent to order 200 of the planes and said it was confident that it would return to service in the coming months.

Reuters Business
Jun 18, 2019

Wall St. climbs on trade optimism, dovish Fed bets
U.S. stocks rallied on Tuesday, with the S&P 500 closing in on record levels, as President Donald Trump's comments on the United States and China restarting trade talks added to optimism over the prospect of a more accommodative Federal Reserve.

Reuters Business
Jun 18, 2019

Deutsche Bank considers replacing CFO: report
Deutsche Bank Chief Executive Christian Sewing is planning a major overhaul of top management, including replacing the finance chief, Bloomberg news agency reported on Tuesday.

Reuters Business
Jun 18, 2019

Boeing seen winning renewed backing from 737 buyer at air show: source
Boeing may win a significant reconfirmation of support from a buyer of the 737 MAX passenger jet at the Paris Airshow on Tuesday, an industry source said.

Reuters Business
Jun 18, 2019

IAG orders 14 A321XLRs for Aer Lingus and Iberia
IAG on Monday ordered 14 of Airbus' new long-range version of the A321 passenger jet for its Irish Aer Lingus and Spanish Iberia airlines in order to boost their transatlantic routes, the company said on Tuesday.

Reuters Business
Jun 18, 2019

Explainer: 'Stablecoins' in the spotlight as Facebook unveils Libra cryptocurrency
The original cryptocurrency accounts for over half of the $285 billion global coin trading market. But that dominance is under threat, with a host of alternative digital coins emerging as developers race to build cryptocurrencies able to enter mainstream commerce and finance.

Reuters Business
Jun 18, 2019

Loonie little changed, pares earlier drop as oil price rallies
The Canadian dollar was little changed on Tuesday, paring earlier losses after slipping to a two-week low against the greenback, as a rally in oil prices offset domestic data showing an unexpected drop in April manufacturing sales.

Reuters Business
Jun 18, 2019

Exclusive: U.S. seen open to mechanism to end aircraft subsidy spat - sources
The United States is expected to be open to negotiations on an "enforceable mechanism" that could allow European planemaker Airbus to receive government funding on commercial terms and ease the risk of tit-for-tat sanctions, two U.S. sources said.

Reuters Business
Jun 18, 2019

Facebook takes aim at e-commerce with Libra cryptocurrency
Facebook plans to launch a cryptocurrency called Libra next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments.

Reuters Business
Jun 18, 2019

Kellogg to cut jobs, take $35 million pretax hit on North America unit revamp
Kellogg Co said on Tuesday it would cut about 150 jobs and take a $35 million hit to trim its North American operations following the sale of Keebler biscuits and a handful of other brands for $1.3 billion in April.

Reuters Business
Jun 18, 2019

Airbus and Boeing bag $17 billion of deals in Paris Airshow battle
Airbus and Boeing bagged more than $17 billion in plane deals on day two of the Paris Airshow as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing's top-selling jet.

Reuters Business
Jun 18, 2019

Wall St. opens at six-week high on hopes of dovish Fed
U.S. stocks opened at their highest level in six-weeks on Tuesday, with Nasdaq leading the charge, as dovish calls from the European Central Bank raised expectations of a similar accommodative stance from the Federal Reserve.

Reuters Business
Jun 18, 2019

News Corp exploring potential sale of News America Marketing business
Wall Street Journal-owner News Corp said on Tuesday it was evaluating options for its News America Marketing (NAM) business, including a potential sale.

Reuters Business
Jun 18, 2019

Kellogg to take $35 million pretax restructuring charge
Kellogg Co said on Tuesday it would take a pretax charge of about $35 million for restructuring its North American business following the sale of its popular Keebler brand and other assets.

Reuters Business
Jun 18, 2019

Draghi's stimulus hints put ECB in Trump's crosshairs
The European Central Bank will ease policy again if inflation fails to accelerate, ECB President Mario Draghi said on Tuesday, signaling one of the biggest policy reversals of his eight-year tenure and provoking the ire of U.S. President Donald Trump.

Reuters Business
Jun 18, 2019

Trump blasts comments by ECB's Draghi, cites unfair competition
U.S. President Donald Trump criticized European Central Bank President Mario Draghi's comments earlier on Tuesday that further monetary policy changes may be needed by the ECB, saying that would spark unfair European competition against the United States.

Reuters Business
Jun 18, 2019

For Fed's Powell, a gap with markets and Trump may need explaining
Bond investors expect an aggressive set of U.S. interest rate cuts this year, and a voluble president pines for the "old days" when his predecessors bullied central bankers to get their way.

Reuters Business
Jun 18, 2019

Airbus and Boeing aircraft deals at Paris Airshow
Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.

Reuters Business
Jun 18, 2019

Boeing and Airbus bag $15 billion of deals in Paris Airshow battle
Airbus and Boeing bagged a combined $15 billion of plane deals on day two of the Paris Airshow, as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing's top-selling jet.

Reuters Business
Jun 18, 2019

'Super Mario' shock: euro slides, yields hit new lows
The euro took a beating and German bond yields hit a fresh record low on Tuesday in reaction to European Central Bank President Mario Draghi's comments indicating a possibility of new rate cuts or asset purchases.

Reuters Business
Jun 18, 2019

Swiss regulator says in contact with initiators of Facebook's Libra
Switzerland's financial regulator FINMA said on Tuesday that it is in contact with the "initiators" of Libra, Facebook's planned cyrptocurrency.

Reuters Business
Jun 18, 2019

AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo
AirAsia Group has decided to convert 253 orders for Airbus' A320neo planes to the larger A321neo model, making AirAsia the world's largest customer for the A321neo.

Reuters Business
Jun 18, 2019

Nvidia boosts self-driving AI business with Volvo trucks deal
Sweden's AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year.

Reuters Business
Jun 18, 2019

AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo type
AirAsia Group has decided to convert 253 orders for Airbus' A320neo planes to the larger A321neo model, Airbus said on Tuesday.

Reuters Business
Jun 18, 2019

London's Heathrow airport publishes third runway masterplan
London Heathrow, the busiest airport in Europe, published its masterplan plan for expansion on Tuesday, including building a controversial third runway and new terminal facilities, at the start of a 12-week statutory consultation.

Reuters Business
Jun 18, 2019

From gas in Russia to China-bound plastics, Austria's OMV shifts focus for growth
After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group a major supplier of plastics.

Reuters Business
Jun 18, 2019

Draghi shock hits euro, boosts stocks
European shares rallied and the euro took a sharp hit on Tuesday in a knee-jerk reaction to European Central Bank President Mario Draghi's comments indicating a possibility of new rate cuts or asset purchases.

Reuters Business
Jun 18, 2019

Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles
Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.

Reuters Business
Jun 18, 2019

Northrop engine teams with Raytheon hypersonic program
Raytheon Co said on Tuesday it has teamed up with Northrop Grumman Corp to develop and produce engines for hypersonic weapons that can travel 4,000 miles per hour.

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