Business

United Airlines CEO pitched American Airlines combination to US officials, sources say

Tuesday, April 14 by SRN News

By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO, April 13 (Reuters) - United Airlines CEO Scott Kirby has pitched a combination with American Airlines Group to numerous U.S. government officials, sources familiar with the matter told Reuters. A combination of two of the largest U.S. network... Read More.

Oil prices fall as US-Iran dialogue hopes ease supply concerns

Tuesday, April 14 by SRN News

By Anmol Choubey BENGALURU, April 14 (Reuters) - Oil prices fell in early Asian trade on Tuesday as signs of potential U.S.-Iran dialogue to end their war reduced concerns about supply risks stemming from the U.S. blockade of the Strait of Hormuz. Brent futures declined by... Read More.

Qantas lifts fuel cost forecast as Middle East war jolts oil markets

Tuesday, April 14 by SRN News

April 14 (Reuters) - Australia's Qantas Airways said on Tuesday it has raised its fuel cost outlook and has not started its planned share buyback, citing sharply higher and volatile jet fuel prices after the war in the Middle East cut oil supply. The airline... Read More.

Surging petrol prices drive record EV sales in Europe in March

Tuesday, April 14 by SRN News

By Alessandro Parodi April 14 (Reuters) - High petrol prices in Europe steered car buyers towards EVs in a record-beating March, and led to the first month of global EV sales growth this year, data by consultancy Benchmark Mineral Intelligence showed on Tuesday. Governments worldwide have... Read More.

Exclusive-United CEO Kirby raised potential tie-up with American in Trump meeting

Tuesday, April 14 by SRN News

WASHINGTON, April 13 (Reuters) - United Airlines CEO Scott Kirby raised the potential of merging with American Airlines in a meeting with U.S. President Donald Trump in late February, two sources told Reuters. United declined to comment. The White House did not immediately respond to... Read More.

Dollar steady as US blocks Iranian ships, talks continue

Tuesday, April 14 by SRN News

By Satoshi Sugiyama TOKYO, April 14 (Reuters) - The dollar was largely steady on Tuesday as investors weighed supply risks stemming from a U.S. blockade of Iranian ships in the Strait of Hormuz against the prospect of continued dialogue between Washington and Tehran that could... Read More.

Morning Bid: Fingers crossed for a resolution

Tuesday, April 14 by SRN News

A look at the day ahead in European and global markets from Rae Wee The U.S. military's blockade nL6N40V09S of Iran's ports has begun, creating more bad news nL4N40W08K for global oil supply, but never mind that because markets on Tuesday were riding on hopes... Read More.

Analysis-After tackling Kering’s debt problems, de Meo faces the Gucci challenge

Tuesday, April 14 by SRN News

By Tassilo Hummel MILAN, April 14 (Reuters) - Seven months into the job, Luca de Meo has bought himself time as CEO of Gucci owner Kering. This week he has to prove he knows how to use it. Since taking over in September, the former boss... Read More.

Analysis-Sazerac won’t easily gatecrash Jack Daniel’s-maker’s merger talks

Tuesday, April 14 by SRN News

By Abigail Summerville and Nicholas P. Brown NEW YORK, April 14 (Reuters) - Privately held bourbon maker Sazerac has emerged as an interloper in Pernod-Ricard's attempt to merge with Jack Daniel's owner Brown-Forman, according to a source familiar with the matter, even though analysts still... Read More.

Asian stocks gain and oil falls on hopes of renewed US-Iran talks

Tuesday, April 14 by SRN News

HONG KONG (AP) - Asian stocks were trading higher tracking Wall Street gains and oil fell on Tuesday as expectations rose over a possible second round of talks between the U.S. and Iran on an end to the Iran war. Tokyo's Nikkei 225 was up... Read More.

Current Weather

United Airlines CEO pitched American Airlines combination to US officials, sources say

Oil prices fall as US-Iran dialogue hopes ease supply concerns

Qantas lifts fuel cost forecast as Middle East war jolts oil markets

Surging petrol prices drive record EV sales in Europe in March

Exclusive-United CEO Kirby raised potential tie-up with American in Trump meeting

Dollar steady as US blocks Iranian ships, talks continue

Morning Bid: Fingers crossed for a resolution

Analysis-After tackling Kering’s debt problems, de Meo faces the Gucci challenge

Analysis-Sazerac won’t easily gatecrash Jack Daniel’s-maker’s merger talks

Asian stocks gain and oil falls on hopes of renewed US-Iran talks

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