EasyJet warns of 'weak' summer sales amid Brexit uncertainty

The airline says Brexit uncertainty is one of the factors leading to weaker demand from customers.

from BBC News - Business https://ift.tt/2HNyuUI

easyJet warns of Brexit hit to European demand

British low-cost airline easyJet said on Monday that macroeconomic uncertainty and many unanswered questions surrounding Brexit were driving weaker customer demand in the market, hurting ticket yields across Europe.

from Reuters: Business News https://ift.tt/2uCc6VR

Oil prices rise on supply worries, extend strong first-quarter gains

Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.

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Novartis pays $310 million upfront for inflammation specialist IFM

Novartis on Monday said it had agreed to pay $310 million upfront, with the possibility for more later, for some assets of Boston-based inflammation specialist IFM Therapeutics as the Swiss drugmaker seeks to expand its immunology pipeline.

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Oasis singer's fashion chain calls in the administrators

Pretty Green, which has 13 stores across the UK, will continue trading until further notice.

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Saudi Aramco gets first credit ratings ahead of bond debut

Saudi Aramco, the world's top oil producer, has been rated A+ by Fitch and A1 by Moody's in its first-ever credit ratings, ahead of the state oil giant's first global bond sale and following 2018 earnings that dwarfed those of international oil majors.

from Reuters: Business News https://ift.tt/2UlFbDl

Asian stocks rally as China's factory bounce lifts confidence

Asian stocks powered higher on Monday as positive Chinese factory gauges and signs of progress in Sino-U.S. trade talks boosted sentiment, although another defeat for British Prime Minister Theresa May's Brexit deal added to sterling's woes.

from Reuters: Business News https://ift.tt/2HPLQ2N

Denmark's DSV to buy logistics company Panalpina in $4.6 billion deal

Denmark's DSV A/S will buy Panalpina in a deal valued at 4.6 billion Swiss francs ($4.62 billion), the Swiss freight forwarder said on Monday, ending a fight between its top shareholder and activist investors over the company's future.

from Reuters: Business News https://ift.tt/2I48LXx

After shocking NY arrest, Avenatti faces court in California

After shocking NY arrest, Avenatti faces court in California



A week after Michael Avenatti's shocking arrest in New York, the attorney famous for representing porn star Stormy Daniels in legal battles against President Donald Trump will be back in federal court Monday to face fraud charges in California.

Japan surveys cast gloom over manufacturing outlook

Japan surveys cast gloom over manufacturing outlook



The latest surveys of Japanese manufacturers pointed Monday to a slowdown for the world's third-largest economy, with demand slowing both at home and abroad.

China's premier meets New Zealand's leader amid 5G dispute

China's premier meets New Zealand's leader amid 5G dispute



Chinese Premier Li Keqiang has urged New Zealand to provide a "fair, transparent, convenient" investment environment in a meeting with the country's prime minister, Jacinda Ardern, that comes amid a dispute over use of Chinese telecoms equipment.

Saudi Aramco gets first credit rating ahead of bond debut

Saudi Aramco, the world's top oil producer, has been rated A+ by Fitch in its first-ever credit rating, ahead of the state oil giant's first global bond sale and following 2018 earnings that dwarfed those of international oil majors.

from Reuters: Business News https://ift.tt/2uzSL7N

Saudi Aramco hires banks ahead of debut multi-tranche dollar bond: document

Saudi Aramco, the world's top oil producer, has hired banks ahead of a planned multi-tranche debut dollar bond issue, according to a document issued by one of the banks leading the deal and seen by Reuters.

from Reuters: Business News https://ift.tt/2I2q773

Unexpected bounce in China's factory activity, but Asia broadly weak

Factory activity in China showed a slight, surprising recovery last month, in a sign that stimulus injected into Asia's growth engine may be yielding results, but worries of a global slowdown persisted due to weakness elsewhere in the region.

from Reuters: Business News https://ift.tt/2FOe7V6

Even Better Than the P/E Ratio: This Success Metric Changes Everything!

Even Better Than the P/E Ratio: This Success Metric Changes Everything!



Alternate reality is already here -- no headgear required.

Asian markets rally, extending gains on Wall Street

Asian markets rally, extending gains on Wall Street



Shares surged Monday in Asia following a bullish end to last week on Wall Street, where the benchmark S & P 500 logged its biggest quarterly gain in nearly a decade.

China economy: Manufacturing sector returns to growth in March

Two separate surveys showed a surprise jump in Chinese manufacturing activity last month.

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Nostalgia, excitement as Japan learns new imperial era name

Nostalgia, excitement as Japan learns new imperial era name



What's in a name?

Samsung C&T, Samsung Electronics almost double cost of finishing new chip line

Samsung C&T Corp and Samsung Electronics Co Ltd have almost doubled the size of a contract related to the construction of a semiconductor production line, taking the project's total cost to 1.46 trillion won ($1.29 billion).

from Reuters: Business News https://ift.tt/2Uo77Xl

China's factory activity picks up slightly, but Asia broadly weak

Factory activity in China showed a slight, surprising recovery last month, in a sign that stimulus injected into Asia's growth engine may be yielding results, but worries of a global slowdown persisted due to weakness elsewhere in the region.

from Reuters: Business News https://ift.tt/2Vc7cdO