Ethiopian crash could be largest non-war aviation reinsurance claim: Willis Re


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Liability claims related to the Ethiopian Airlines crash and the grounding of Boeing 737 MAX 8 aircraft could be the largest non-war aviation reinsurance claim on record, hitting reinsurers' ... Suite

Global shares surge on China factory rebound, trade hopes


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Global stocks surged higher on Monday, extending gains from their best quarter in nearly 10 years, as strong Chinese factory activity data and signs of progress in U.S.-China trade negotiations gave ... Suite

Johnson & Johnson’s baby shampoo samples fail Indian quality test; company rejects findings


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Johnson & Johnson's baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to a public notice from the state's drugs watchdog, findings that were ... Suite

Airbnb invests in Indian start-up OYO’s series E funding round


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Home-renting company Airbnb has invested in Indian hotel reservation start-up OYO's series E funding round, as it dives deeper into the hotel-booking business. ... Suite

Brexit is wrecking Britain’s business reputation: Siemens UK head


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Britain is wrecking its reputation for business stability with political divisions over Brexit and risks leaving the trading bloc with a hugely damaging "no-deal", the UK head of German industrial ... Suite

EasyJet blames Brexit for weak outlook, shares fall 7 percent


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British low-cost carrier easyJet warned on Monday that demand and pricing were suffering from Brexit jitters and a weaker economic outlook, sending shares in European airlines lower. ... Suite

Sports Direct says other Debenhams investors back making Ashley boss


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Sports Direct, the sportswear group that is seeking control of Debenhams, said it has been contacted by other shareholders in the department store group expressing their support to install Mike ... Suite

EasyJet warns of Brexit hit to European demand


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British low-cost airline easyJet on Monday took a more cautious stance on its outlook for the second half of the year as Brexit jitters result in weaker customer demand, hurting ticket pricing across ... Suite

Novartis to pay $310 million for assets from inflammation specialist IFM


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Novartis on Monday said it had agreed to pay $310 million upfront, with the possibility for more later, for some research assets of Boston-based inflammation specialist IFM Therapeutics as the Swiss ... Suite