Exclusive: Blackstone in talks to take developer SOHO China private in $4 billion deal – sources
U.S. private equity firm Blackstone Group Inc is in exclusive talks to take SOHO China Ltd private in a $4 billion deal, said two sources,...
Samsung Display asks Vietnam not to quarantine 700 engineers from virus-hit South Korea
Samsung Display, a supplier for Samsung Electronics and Apple, has asked Vietnam to exempt 700 engineers from coronavirus-hit South Korea from a mandatory quarantine, saying...
Boeing shares plunge on coronavirus, 737 MAX wiring bundle setback
Shares of Boeing Co dropped more than 12% on Monday amid a broader market plunge as pressure mounted on global aviation from the spread of...
Qantas cuts international capacity, delays A350 order as coronavirus bites
Qantas Airways Ltd will cut its international capacity by nearly 25% over the next six months and delay an order for Airbus A350 planes as...
Boeing says employee tests positive for coronavirus
Boeing Co said late on Monday an employee at its Everett facility in Washington state has tested positive for the coronavirus and has now been...
Oil prices jump 6% after biggest one-day fall since 1991
Oil prices jumped more than 6% on Tuesday, clawing back some ground on hopes that a price war by top producers Saudi Arabia and Russia...
Ackman’s Pershing Square gains nearly 3% in early 2020, warns of volatility
William Ackman’s publicly traded hedge fund gained nearly 3% this year, though the billionaire investor warned of volatility ahead as world markets reel under the...
Qantas asks Airbus for extension to A350-1000 order deadline due to virus
Qantas Airways Ltd has asked Airbus SE for an extension to a March-end deadline to order up to 12 A350-1000 planes capable of the world’s...
U.S. consumer watchdog charges Fifth Third Bank on opening phony accounts
The U.S. Consumer Financial Protection Bureau (CFPB) said on Monday it charged Fifth Third Bank, National Association, for creating fake client deposit and credit-card accounts...
Hawaiian Airlines CEO says hard to predict short-term industry outlook
While no U.S. airlines have requested a bailout to date, the head of Hawaiian Airline said on Monday that it was difficult to predict what...