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Monday, 8 July 2019

Financier Epstein pleads not guilty to U.S. sex trafficking charges involving girls

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Financier Epstein pleads not guilty to U.S. sex trafficking charges involving girls

American financier Jeffrey Epstein pleaded not guilty on Monday to charges of sex trafficking as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts.

Exclusive: Airbus, Boeing indicate they may pull out of Canada fighter jet race - sources

Airbus SE and Boeing Co may pull out of a bidding process to supply Canada with new fighter jets because they say the contest is unfairly tilted toward Lockheed Martin Corp, two sources with direct knowledge of the situation said on Monday.

Cohu says restrictions on Huawei hurting customers

Semiconductor testing company Cohu Inc said on Monday U.S. restrictions on China's Huawei Technologies Co Ltd is hurting its customers' business.

SunTrust to stop financing private U.S. prison operators

SunTrust Banks Inc will stop financing operators of private prisons and immigration holding facilities, it said on Monday, becoming the latest lender to distance itself from a sector associated with the Trump administration's policies.

Wall St. drops as Apple falls, Fed eyed

U.S. stocks fell on Monday as Apple shares dropped following a broker downgrade and investors continued to weigh chances of an aggressive interest rate cut by the Federal Reserve later this month.

Global stocks slide on dimming prospects for sharp U.S. rate cut

Stocks around the world fell on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large interest rate cut at the end of July.

Russia's Ural Airlines plans to get first Boeing-737 MAX in December: Interfax

Russian airline Ural Airlines plans to receive the first of 14 previously ordered Boeing-737 MAX aircraft for leasing in December, Interfax news agency reported, citing its chief executive Sergei Skuratov.

Juror urges U.S. judge to uphold $80 million Roundup verdict against Bayer

A juror who was part of a panel that delivered an $80 million award against Bayer AG after finding that its glyphosate-based weed killer Roundup caused a man's cancer has urged the presiding judge to uphold the decision.

Oil steadies as demand worries offset Iran's new nuclear threats

Oil prices steadied on Monday as tensions over Iran's nuclear program countered concerns about whether slowing global economic growth would hit oil demand.

Facebook not invited to White House social media summit: company

Facebook Inc said on Monday that it had not been invited to a White House summit on social media being held later this week.

Big axe falls as Deutsche Bank to lay off 18,000 in $8.3 billion 'reinvention'

By Tom Sims, Paulina Duran, Sumeet Chatterjee and Matt Scuffham

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