(Reuters) -The Federal Aviation Administration’s (FAA) audit of Boeing’s 737 MAX production process after a panel blew off on an Alaska Airlines jet in January failed 33 of 89 tests, the N[...]
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March 12, 2024
Most Bank of Korea board members said too early for policy pivot -minutes
SEOUL (Reuters) – Most Bank of Korea board members said it was too early for a pivot in monetary policy at their rate decision meeting on Feb. 22, minutes showed on Tuesday, as policymakers cont[...]
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Morning Bid: Pound bulls brace for UK wage test
A look at the day ahead in European and global markets from Ankur Banerjee Asian stocks resumed their recent upward drift on Tuesday, reaching seven month highs even as many traders awaited U.S. infla[...]
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CDU, coker shut by leak at TotalEnergies Texas refinery, sources say
By Erwin Seba HOUSTON (Reuters) -The coker and small crude distillation unit (CDU) were shut by a leak on the gasoline-producing fluidic catalytic cracker (FCC) at TotalEnergies’ 238,000 barrel[...]
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Blackwells says Disney failed to disclose ValueAct’s past money management role
(Reuters) -Blackwells Capital said on Monday Walt Disney failed to tell shareholders that ValueAct Capital Management had invested more than $350 million of the U.S. entertainment giant’s pensio[...]
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Nidec, KPS compete for Siemens’ $3 billion Innomotics unit, Bloomberg reports
(Reuters) – Japan’s Nidec Corp and U.S.-based private equity firm KPS Capital Partners are competing to acquire Siemens AG’s Innomotics large motors business, Bloomberg News reported[...]
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NYCB closes $1 billion capital infusion deal, announces reverse stock split
(Reuters) -New York Community Bancorp said on Monday it had closed the $1 billion capital infusion deal that was agreed last week with an investor group and plans to submit one-for-three reverse stock[...]
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US transport chief expects Boeing to cooperate with DOJ, NTSB in 737 MAX probes
By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg said on Monday he expected Boeing to cooperate in investigations by the Justice Department and National Transport[...]
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BoE’s Mann: long way for inflation pressures to be consistent with 2% target
LONDON (Reuters) – Britain has a long way to go for inflation pressures to be consistent with the Bank of England’s 2% target, one of the central bank’s policymakers, Catherine Mann,[...]
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