Jet Airways’ lenders approve interim finance plan for the carrier

FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File PhotoMUMBAI (Reuters) - Lenders to Jet Airways (JET.NS)...

PepsiCo to buy South Africa’s Pioneer Food for $1.7 billion

JOHANNESBURG (Reuters) - PepsiCo (PEP.O) has struck a deal to buy South Africa’s Pioneer Food Group (PFGJ.J) for $1.7 billion, the companies said on Friday, lifting Pioneer’s shares and boosting a...

IEA does not expect ‘huge increase’ in crude prices: executive director

NEW DELHI (Reuters) - The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its...

Airbus closes in on Air France jetliner deal: sources

LONDON (Reuters) - Airbus (AIR.PA) is close to a deal worth billions of dollars to sell dozens of A320neo-family and smaller A220 aircraft to Air France as the French network carries...

Japanese official says negotiators working hard on U.S.-Japan trade deal

WASHINGTON (Reuters) - U.S. and Japanese officials are working hard to reach agreement on a bilateral trade agreement, a senior Japanese official told Reuters on Wednesday, adding he was looking forward...

U.S., Japan eye possible small trade deal by September: sources

WASHINGTON (Reuters) - The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo...

Wall Street slips as bank earnings, Trump trade comments weigh

NEW YORK (Reuters) - U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower interest rates dampening their profits, while comments from U.S. President Donald...

Bleak German mood weighs on Europe, Brexit pummels pound

LONDON (Reuters) - Darkening German investor morale and fresh Brexit woes cast a shadow over European markets on Tuesday, with German benchmark bond yields coming under pressure and the pound plunging...

China’s first-half pork output falls amid disease outbreak

BEIJING (Reuters) - China’s pork output fell by less than expected in the first half as the country tackles a devastating disease outbreak, although official data showed conflicting figures on the...

U.S. Fed seen launching repo facility in early 2020: Deutsche Bank

(Reuters) - The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020, with possible testing to begin later this...

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