U.S. Fed seen launching repo facility in early 2020: Deutsche Bank
The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020 with possible testing...
GSK in talks to name HSBC’s Symonds as its next chairman: Bloomberg
GlaxoSmithKline Plc is in talks to name HSBC’s deputy chairman Jonathan Symonds as the next chairman of the British drugmaker, Bloomberg reported on Sunday, citing...
American Airlines extends Boeing 737 MAX cancellations for fourth time
American Airlines Group Inc said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to...
India says Deloitte misreading law in challenging government’s call for ban
India has told a tribunal the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu is misreading a key federal law as the firm...
Amazon plans to open new warehouse, create 2,800 jobs in Germany
U.S. online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in...
Lufthansa CEO sees no ‘Greta Effect’ on passenger numbers
German airline Lufthansa expects passenger numbers to rise about 4% this year, its chief executive told a newspaper, playing down talk that public support for...
Huawei plans extensive layoffs at its U.S. operations: WSJ
Huawei Technologies Co Ltd [HWT.UL] is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blacklisting, the...
Exclusive: Barneys New York explores options that include bankruptcy – sources
U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing...
Exclusive: Department store Barneys New York Inc explores bankruptcy – sources
Luxury department store Barneys New York Inc is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with...
Lockheed Martin plans to expand Milwaukee plant workforce by 15%
Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its Milwaukee facility by more than 15% this year....