 | | | | Investigators in Ethiopia found two black box recorders on Monday that will help piece together the final moments of an Ethiopian Airlines plane before it plunged, trailing smoke and debris, and crashed killing 157 people. | | | | | | The United States will tell international carriers later Monday that the Federal Aviation Administration believes the Boeing 737 MAX 8 is airworthy as they scrutinize two fatal crashes of the new model of aircraft since October but emphasized they will "take immediate action" if regulators identify any safety issue. | | | | | | U.S. stocks jumped on Monday as the technology sector led a broad-based rebound following five straight sessions of losses, but a fall in Boeing's shares limited the Dow's advance after a deadly airline crash in Ethiopia. | | | | | | President Donald Trump on Monday called for spending more money on the military and a U.S.-Mexico border wall while overhauling social programs for the poor in a budget plan that sets the stage for his next fight with the U.S. Congress. | | | | | | Global equity markets surged on Monday, lifted by talk of more stimulus from China and by a broad rally on Wall Street that overcame a plunge in Boeing shares after one of its newest jets crashed, while U.S. debt yields rose on improved risk appetite. | | | | | | President Donald Trump's 2020 budget on Monday proposed a 15 percent cut for the U.S. Department of Agriculture, calling its subsidies to farmers "overly generous" at a time when they are going through the worst crisis in decades because of depressed commodity prices and Trump's trade tariffs. | | | | | | Boeing Co shares fell by the most in three years on Monday after China, Indonesia and Ethiopia ordered airlines to ground their 737 MAX 8 planes following the second deadly crash of one of the jets in just five months. | | | | | | U.S. chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help the firm boost its data centre and artificial intelligence business. | | | | | | French prosecutors have opened a preliminary inquiry into how former Renault chief Carlos Ghosn financed his 2016 wedding, the Figaro newspaper and Agence France-Presse said on Monday. | | | | | | Oil prices rose more than 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June. | | | | | | A prize-winning author, a football official and a team of humanitarian workers were among those who perished in the crash of Ethiopian Airlines Flight 30, government officials and employers said on Monday. | | | | | |
