Thursday, 14 March 2019

Daily Investor Update: Ethiopia crash probe starting in France, families grieve

Reuters.com Newsletter

Ethiopia crash probe starting in France, families grieve

Investigators in France will begin analyzing the crashed Ethiopian Airlines jet's black boxes on Friday, seeking clues into a disaster that has angered scores of mourning families and grounded Boeing's global 737 MAX fleet.

Explainer: How to read an aircraft's black box

France's BEA safety investigators are searching for clues as to what caused an Ethiopian Airlines plane to hurtle to the ground after take-off, as they begin analyzing two black boxes that arrived in Paris on Thursday from the crashed Boeing 737 MAX.

Wall Street near flat as trade deal outlook uncertain

U.S. stocks were little changed in late afternoon trading on Thursday amid uncertainty over when a trade deal between the United States and China would be reached.

U.S. considering sanctions to restrict Visa, Mastercard in Venezuela: official

The United States is considering imposing financial sanctions that could prohibit Visa, Mastercard and other financial institutions from processing transactions in Venezuela, a senior Trump administration said on Thursday.

Airlines wrestle with calls, cancellations after Boeing MAX fleet grounded

U.S. and Canadian carriers wrestled with customer calls and flight cancellations on Thursday after the two countries followed other nations in grounding Boeing's 737 MAX planes because of safety concerns.

Sephora cuts ties with TV star's daughter after college cheating scam

LVMH's Sephora beauty chain ended its partnership with Olivia Jade following a massive college cheating scandal involving her celebrity parents who were charged this week in an alleged scheme to help rich Americans get their children into elite universities.

Tesla to unveil Model Y SUV as electric vehicle competition heats up

Tesla Inc will unveil its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that will face competition from European car makers rolling out their own electric rivals.

Facebook restores services after global outage

Facebook Inc said on Thursday it had restored service to its main app and Instagram, after the world's largest social network suffered a major outage that frustrated users across the globe for about 24 hours.

European shares rise on delayed Brexit vote, dollar gains; Wall Street flat

A gauge of global equity markets traded little changed on Thursday as European shares rose ahead of new voting that backed a Brexit delay and bolstered the dollar, while Wall Street meandered on uncertainty over U.S.-China trade talks.

Boeing shares cheaper, but are they a buy?

The fall in Boeing shares has made the stock's valuation less expensive but that may not make it an obvious buy for investors.

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