Global stocks tumble as bond markets sound U.S. recession warning


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Investors ditched shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of favor on growing fears about a U.S. recession, ... Suite

Fed’s Evans says good time to pause and be cautious


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Chicago Federal Reserve Bank President Charles Evans said on Monday that it is a good time for the U.S. central bank to pause and adopt a cautious stance, adding he did not expect any interest rate ... Suite

Oil prices fall as markets brace for potential U.S. recession


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Oil prices dropped on Monday as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC's production cutbacks and U.S. sanctions on Iran and Venezuela. ... Suite

Stocks tumble, bonds rally as U.S. recession risk flashes ‘amber’


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Investors dumped shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of favour on growing worries about an impending U.S. ... Suite

Oil prices slide on concerns of sharp economic slowdown


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Oil prices kicked off the week's trading with losses as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC's production cutbacks and U.S. sanctions on Iran and Venezuela. ... Suite

Boeing invites pilots, regulators to brief about plan to support 737 MAX’s return


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Boeing Co said it invited more than 200 airline pilots, technical leaders and regulators for an informational session on Wednesday, as part of an effort to share details about its plan to support the ... Suite

Yen strengthens, shares skid on U.S. recession fears


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The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favor on growing worries about an impending U.S. recession, sending ... Suite

Exclusive: Telecom equipment provider Avaya considers leveraged buyout – sources


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Telecommunications equipment and software vendor Avaya Holdings Corp is considering a leveraged buyout offer from a private equity firm that values it at more than $5 billion, including debt, people ... Suite

Turkish watchdogs to probe JP Morgan after lira plunge


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Turkey's banking watchdog said it had launched an investigation into JP Morgan and other banks over complaints it received after the lira plunged more than 4 percent and the main share index fell ... Suite

U.S. airlines prepare for 737 MAX tests, Southwest parks jets near desert


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Teams from the three U.S. airlines that own 737 MAX jets were heading to Boeing Co's factory in Renton, Washington, to review a software upgrade on Saturday, even as Southwest Airlines Co began ... Suite