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National Enquirer: Bezos' girlfriend's brother 'single source' for reports

March 31, 2019 by  
Filed under News

The publisher of the National Enquirer on Sunday said its reports on Amazon Chief Executive Jeff Bezos’ private life were based on information from a single source, the brother of Bezos’ girlfriend, Lauren Sanchez.


Source: Reuters Business News

Saudis gained access to Amazon CEO Bezos' phone: Bezos' security chief

March 31, 2019 by  
Filed under News

The security chief for Amazon chief executive Jeff Bezos said on Saturday that the Saudi government had access to Bezos’ phone and gained private information from it.


Source: Reuters Business News

Pilots of India's Jet Airways defer strike, seek salary dues by April 14

March 31, 2019 by  
Filed under News

The pilots’ union of India’s troubled Jet Airways said on Sunday it will give the carrier’s new management two weeks to clear unpaid salaries, deferring its plan to take strike action.


Source: Reuters Business News

China March factory activity grows for first time in four months, but exports weak

March 31, 2019 by  
Filed under News

Factory activity in China unexpectedly grew for the first time in four months in March, an official survey showed on Sunday, suggesting government stimulus measures may be starting to take hold in the world’s second largest economy.


Source: Reuters Business News

South Africa's Denel may wind down manufacturing for Airbus A400M

March 30, 2019 by  
Filed under News

South African state arms company Denel is in talks with Airbus about winding down production of parts for the European planemaker’s A400M military aircraft, Denel said on Saturday.


Source: Reuters Business News

Brazil automaker CAOA signs agreement with Ford over plant purchase: source

March 30, 2019 by  
Filed under News

Brazilian automaker CAOA has signed a confidentiality agreement to negotiate a potential purchase of Ford Motor Co’s plant in the industrial city of Sao Bernardo do Campo, according to a source familiar with the matter.


Source: Reuters Business News

India's cash-strapped Jet Airways to pay December salaries

March 30, 2019 by  
Filed under News

Indebted Indian carrier Jet Airways will pay December salaries to pilots and aircraft maintenance engineers but for now cannot pay more recent overdue wages, its chief executive said on Saturday after pilots threatened to strike over payment delays.


Source: Reuters Business News

Daimler asks EU antitrust regulators to probe Nokia patents

March 30, 2019 by  
Filed under News

German carmaker Daimler has complained to EU antitrust regulators about Nokia patents essential to car communications, a move underlining the tensions between tech companies and the car industry on the use of key technologies.


Source: Reuters Business News

U.S. investors seek comfort in flood of data

March 30, 2019 by  
Filed under News

Wall Street will be watching next week’s economic data with a laser focus after a dismal February jobs report and recessionary warning signals from U.S. Treasury yields.


Source: Reuters Business News

U.S. consumer spending soft, inflation benign as economy slows

March 29, 2019 by  
Filed under News

U.S. consumer spending barely rose in January and income increased modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter.


Source: Reuters Business News

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