U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy

U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy
WASHINGTON/JAKARTA (Reuters) – A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months. Boeing and the FAA are under global regulatory scrutiny over software and training on the signature aircraft.... Read More

Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored – sources

Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored – sources
BRUSSELS (Reuters) – The European Commission will next week urge EU countries to share more data to tackle cybersecurity risks related to 5G networks but will ignore U.S. calls to ban Huawei Technologies, four people familiar with the matter said on Friday. FILE PHOTO: A 3-D printed Huawei logo is seen in front of displayed 5G words in this illustration... Read More

Deutsche Bank chief paid $8 million as top bosses gain first bonuses for four years

Deutsche Bank chief paid $8 million as top bosses gain first bonuses for four years
FRANKFURT (Reuters) – Deutsche Bank paid its management board members their first bonuses in four years in 2018, with Christian Sewing’s 7 million euro ($8 million) total package making him one of the best paid chief executives in European banking. The headquarters of the Deutsche Bank is pictured in Frankfurt, Germany, March 19, 2018. REUTERS/Ralph Orlowski Deutsche Bank’s politically sensitive... Read More

Deutsche Bank CEO paid $8 million, top managers get first bonuses in four years

Deutsche Bank CEO paid $8 million, top managers get first bonuses in four years
FRANKFURT (Reuters) – Deutsche Bank paid its management board members their first bonuses in four years in 2018, with Christian Sewing’s 7 million euro ($8 million) total pay package making him one of the best paid chief executives in European banking. The headquarters of the Deutsche Bank is pictured in Frankfurt, Germany, March 19, 2018. REUTERS/Ralph Orlowski Deutsche Bank’s politically... Read More

German politicians split over bankrolling Deutsche Bank merger

German politicians split over bankrolling Deutsche Bank merger
BERLIN (Reuters) – A political rift has emerged in Berlin over whether Germany should put its financial muscle behind a merger of Deutsche Bank and Commerzbank, politicians and officials said, complicating a bid to create Europe’s third-largest bank and fund it. FILE PHOTO: The Reichstag building, the seat of the German lower house of parliament Bundestag is pictured at the... Read More

UPS eyes in-home health services with U.S. vaccine project

UPS eyes in-home health services with U.S. vaccine project
LOUISVILLE, Ky. – United Parcel Service Inc wants to get beyond U.S. doorsteps with a new push into healthcare. Chris Cassidy, who leads United Parcel Service’s (UPS) global healthcare logistics strategy, is seen at the package delivery firm’s Worldport sorting facility in Louisville, Kentucky, U.S., February 5, 2019. Picture taken February 5, 2019. REUTERS/Lisa Baertlein The world’s largest package delivery... Read More

As worries about populism in Europe rise, investors bet on stock market volatility

As worries about populism in Europe rise, investors bet on stock market volatility
LONDON (Reuters) – Investors are betting on heightened political uncertainty and greater volatility in European stock markets ahead of European Parliament elections in May amid growing concerns about rising populism. FILE PHOTO: A trader works at his desk at the stock exchange in Frankfurt, Germany, January 21, 2016. REUTERS/Kai Pfaffenbach In one of the first concrete signs in financial markets... Read More

China’s Geely Auto promises more models to support sales in uncertain domestic market

China’s Geely Auto promises more models to support sales in uncertain domestic market
BEIJING (Reuters) – China’s Geely Automobile Holdings said on Thursday that it will invest more in new energy vehicles and higher-end models after forecasting flat sales in 2019 due to uncertainty about domestic demand. Geely, China’s highest profile car maker globally thanks to the Geely group’s investments in Volvo and Daimler, sold 1.5 million cars last year, 20 percent higher... Read More

Solar and wind firms call the ‘Green New Deal’ too extreme

Solar and wind firms call the ‘Green New Deal’ too extreme
WASHINGTON/LOS ANGELES (Reuters) – U.S. solar and wind power companies may have the most to gain from the Green New Deal, an ambitious proposal backed by several Democratic presidential candidates to end U.S. fossil fuel consumption within a decade. FILE PHOTO: U.S. Representative Alexandria Ocasio-Cortez (D-NY) and Senator Ed Markey (D-MA) hold a news conference for their proposed “Green New... Read More