[ad_1] PARIS (Reuters) – The coronavirus will accelerate a Darwinian shakeout in Europe’s overcrowded airline industry that ultimately benefits Ryanair and British Airways owner IAG, industry experts predict. A German air force plane takes off
Not in my lifetime: How the Treasury yield collapse surprised nearly everyone
[ad_1] (Reuters) – Investors who thought U.S. Treasury yields could not get any lower received another shock Monday. A plunge in oil prices combined with worries about the spreading coronavirus combined to drive market participants
Aon buys Willis for $30 billion in world’s largest insurance deal
[ad_1] (Reuters) – Aon Plc (AON.N) said on Monday it would buy Willis Towers Watson (WLTW.O) for nearly $30 billion, in a deal which will make it the world’s biggest insurance broker and give it
Oil prices plunge, hit by erupting Saudi-Russia oil price war
[ad_1] NEW YORK (Reuters) – Oil prices crashed on Monday, suffering their biggest daily rout since the 1991 Gulf War, after the collapse of an OPEC+ supply agreement that now threatens to overwhelm the world
U.S. consumer inflation expectations stable – NY Fed
[ad_1] FILE PHOTO: A customer counts her money at the register of a Toys R Us store on the Thanksgiving Day holiday in Manchester, New Hampshire November 22, 2012. REUTERS/Jessica Rinaldi (Reuters) – U.S. consumers’
Mahindra starts assembling vehicles in Kenya
[ad_1] A customer stands next to a Mahindra vehicle on display inside the company’s showroom in Chandigarh, India November 26, 2012. REUTERS/Ajay Verma/Files NAIROBI (Reuters) – Indian automaker Mahindra & Mahindra (MAHM.NS) has started assembling
Carlsberg aims to quickly resolve dispute with JV partner in India: executive
[ad_1] NEW DELHI (Reuters) – Carlsberg is looking to resolve a commercial dispute with its joint venture partner in India, an executive said on Monday, amid an internal probe into the firm’s local sales practices
Europe told to act now as coronavirus locks down north Italy and markets plunge
[ad_1] ROME (Reuters) – Italy’s prime minister promised “massive shock therapy” to beat the coronavirus on Monday and urged Europe to act decisively after markets plunged and his country sealed off much of its wealthy
German exports to China slump as recession risk grows
[ad_1] BERLIN (Reuters) – German exports to China fell by 6.5% on the year in January and the Federal Statistics Office said the drop could not yet be linked to the coronavirus, as the looming
U.S., Russian oil producers to feel the squeeze as Saudis open oil tap
[ad_1] NEW DELHI/SINGAPORE (Reuters) – Saudi Arabia’s sudden lurch to aggressive discount exporter from chief cheerleader for output restraint is set to upend global oil trade flows and bring harsh financial pain for higher cost