Monday, 15 April 2019

U.S. to press allies to keep Huawei out of 5G in Prague meeting: sources

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U.S. to press allies to keep Huawei out of 5G in Prague meeting: sources

The United States will push its allies at a meeting in Prague next month to adopt shared security and policy measures that will make it more difficult for China's Huawei to dominate 5G telecommunications networks, according to people familiar with the matter and documents seen by Reuters.

Bank results curb Wall Street, oil falls as Russia mulls production boost

Underwhelming quarterly results from U.S. banks limited gains in world stocks on Monday, and oil prices fell after Russia said it and OPEC may decide to boost production.

Wall Street slips as bank earnings disappoint

Wall Street lost ground on Monday, dragged down by financials as underwhelming bank earnings curbed investor enthusiasm.

Trump on China trade spat: 'We're going to win either way'

President Donald Trump said on Monday he believed the United States would emerge from its trade dispute with China as a winner, no matter what happened.

Oil rally stalls on talk of OPEC+ boosting output

Oil prices halted their rally on Monday, with both benchmarks down nearly 1 percent, after Russia's finance minister said Russia and OPEC may decide to boost production to fight for market share with the United States, where output remains at record highs.

U.S. agency submits uranium import probe to White House

The U.S. Commerce Department has submitted to the White House the results of a national security investigation into uranium imports, a spokesman for the department said on Monday.

Boeing sees me as its 'piggy bank', Lion Air co-founder says

The co-founder of Indonesia's Lion Air, one of two airlines that lost passengers and crew in recent crashes involving the 737 MAX, has lashed out at Boeing's handling of the accidents as the potential business fallout from the jet's grounding intensifies.

U.S. airlines face too many travelers, too few planes in 737 MAX summer dilemma

Normally, U.S. airlines compete to sell tickets and fill seats during the peak summer travel season. But operators of the grounded Boeing 737 MAX are facing a different problem: scarce planes and booming demand.

United plans non-stop flights between New York and Cape Town from December

United Airlines said on Monday it plans to operate non-stop flights between New York and Cape Town thrice a week starting December.

UniCredit Group to pay $1.3 billion, German unit to plead guilty in U.S. sanctions resolution

UniCredit Group, Italy's biggest bank by assets, has agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.

Boeing brainstorms to regain trust in MAX, Trump urges rebranding

U.S. President Donald Trump on Monday urged Boeing Co to fix and "rebrand" its 737 MAX jetliner following two fatal crashes, while the planemaker said it was brainstorming with airlines over other ways to win back public trust.

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