Tuesday, 19 March 2019

Reuters Before the Bell: People want higher taxes on rich, better welfare: 21-country OECD survey

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Tuesday, March 19, 2019
People want higher taxes on rich, better welfare: 21-country OECD survey
A strong majority of people in wealthy countries want to tax the rich more and there is broad support for building up the welfare state in most countries, a survey conducted for the OECD showed on Tuesday.
Aluminum producer Hydro hit by cyber attack, shuts some plants
Norsk Hydro, one of the world's largest producers of aluminum, was battling on Tuesday to contain a cyber attack which hit parts of its production, sending its shares lower.
Fiat Chrysler revs up as Peugeot points to merger potential
Fiat Chrysler shares jumped on Tuesday to the top of Europe's STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options.
Stock futures higher as Fed kicks off policy meeting
U.S. stock futures rose slightly on Tuesday as investors anticipated a more accommodative policy stance from the U.S. Federal Reserve in a two-day policy meeting this week.
Ethiopian crash crew's voices could unlock high-stakes Boeing inquiry
The investigation into the final minutes of Ethiopian Airlines Flight 302 turned on Tuesday to the secrets in the cockpit voice recorder as Boeing and a shaken global aviation industry hung on the outcome.
Factbox: What we know about Boeing 737 MAX crash and what comes next
More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets around the world have been taken out of service following two fatal crashes over the past five months in Ethiopia and Indonesia that killed almost 350 people in all.
Jet Airways now operating only 41 aircraft, could reduce further: regulator
India's aviation regulator said on Tuesday that Jet Airways is currently operating only 41 aircraft, just a third of its original fleet, as the debt-laden carrier struggles to finalize a rescue deal with lenders and its major shareholder Etihad Airways.
German lawmakers challenge deputy finance minister's Goldman link in bank merger
German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank.
Merkel: Won't take stand on possible Deutsche Bank/Commerzbank merger
German Chancellor Angela Merkel said on Tuesday only Deutsche Bank and Commerzbank could decide whether they wanted to merge, making clear she would not take a stand.
German economic advisor opposed to Deutsche, Ccommerzbank merger
An economic advisor to the German government, Isabel Schnabel, said on Tuesday she strongly advised against a possible merger of Deutsche Bank and Commerzbank.
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