U.S. authority sent Nordea and SEB information requests: Bloomberg

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New York's financial regulator has sent letters to Nordic banks Nordea and SEB asking for detailed information about their dealings with Danske Bank, Bloomberg reported, citing an unidentified ... Suite

H&M beats profit forecasts after it curbs discounts

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Swedish fashion retailer H&M reported a much smaller than expected fall in first-quarter pretax profit on Friday as it sold more products at full price and saw an improvement in margins. ... Suite

Tour operator Tui warns on profit after 737 MAX grounding

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Tour operator Tui AG on Friday warned it would take a 200 million euro ($225 million) profit hit in 2019 due to the grounding of Boeing's 737 MAX aircrafts in the wake of two deadly crashes of the ... Suite

Sriwijaya Air cancels plan to lease two Boeing 737 MAX jets

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Indonesia's Sriwijaya Air, which is operated by flag carrier Garuda Indonesia, has cancelled plan to lease two Boeing Co 737 MAX jets, a spokesman said on Friday. ... Suite

Mnuchin says U.S.-China trade talks were ‘constructive’

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U.S. Treasury Secretary Steven Mnuchin said in a tweet on Friday that he and U.S. Trade Representative Robert Lighthizer had concluded "constructive" trade talks in Beijing. ... Suite

Regulators knew before crashes that 737 MAX trim control was confusing in some conditions: document

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U.S. and European regulators knew at least two years before a Lion Air crash that the usual method for controlling the Boeing 737 MAX's nose angle might not work in conditions similar to those in two ... Suite

Lyft valued at $24.3 billion in first ride-hailing IPO

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Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked uncertainty over ... Suite

Lyft fait monter les enchères à la veille de son IPO

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La start-up a de nouveau relevé sa fourchette de prix jeudi, à 72 dollars l'action, signe d’une fébrilité des investisseurs. ... Suite