Inmarsat to go private in $3.4 billion buyout deal
(Reuters) – A private equity-led consortium agreed to buy Inmarsat Plc for about $3.4 billion in cash after the British satellite operator last year rebuffed a slightly lower bid from …
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Ethiopian Airlines CEO promises to find out why flight 302 crashed
Ethiopian Airlines CEO Tewolde Gebremariam is seen at the flight ET 302 crash site near the town of Bishoftu, Ethiopia March 10, 2019 in this picture obtained from social media. …
Read More Private equity-led consortium to buy Inmarsat for $3.4 billion cash
Staff at satellite communications company Inmarsat work in front of a screen showing subscribers using their service throughout the world, at their headquarters in London March 25, 2014. REUTERS/Andrew Winning/File …
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Oil prices drop almost 1 percent on concerns recession may be looming
SINGAPORE (Reuters) – Oil prices dropped by almost 1 percent on Monday, with concerns recession could be looming outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on …
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‘Flashing amber’: Global stocks tumble, bonds rally on U.S. recession risk
SYDNEY (Reuters) – Investors ditched shares on Monday and fled to the safety of bonds as risk assets fell out of favor on growing fears of a U.S. recession, sending …
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Trump push for China trade reform draws wide support at home, abroad
WASHINGTON/BRUSSELS/BEIJING (Reuters) – U.S. President Donald Trump’s blunt-force use of tariffs in pursuing his “America First” trade agenda has angered many, from company executives to allied governments and members of …
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U.S. buyers of Venezuelan oil sub in Shell, BP offshore crude
NEW YORK (Reuters) – U.S. sanctions on Venezuela’s oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in …
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Fed’s Evans says have to be nervous about yield curve, but U.S. economy solid
HONG KONG (Reuters) – Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was …
Read More Fed’s Evans says good time to pause and be cautious
HONG KONG (Reuters) – Chicago Federal Reserve Bank President Charles Evans said on Monday that it is a good time for the U.S. central bank to pause and adopt a …
Read More Global stocks tumble as bond markets sound U.S. recession warning
SYDNEY (Reuters) – Investors ditched shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of …
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