Meng Wanzhou's freedom on trial as China-U.S. clash plays out in Canada court
VANCOUVER/TORONTO (Reuters) - Huawei Chief Financial Officer Meng Wanzhou will be in a Vancouver courtroom on Monday for the first day of her extradition trial, a process expected to take months - possibly years - to decide whether she can be extradited from Canada to the United States.
Global stocks stay near record highs; focus turns to central banks, earnings
LONDON (Reuters) - World stocks traded just below record highs on Monday, pausing ahead of this week's central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.
Boeing customer Air Lease says 'damaged' MAX brand should be dropped
DUBLIN (Reuters) - The chairman of major aircraft leasing firm Air Lease
, which has 150 of Boeing's grounded 737 MAX jet on order, on Monday called on the U.S. manufacturer to drop the "damaged" MAX brand to avoid it undermining the plane's value.
No turning point in sight as IMF predicts sluggish global growth
WASHINGTON/DAVOS (Reuters) - Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said on Monday.
Markets regulators struggling to keep up with technology: SEC's Jackson
RISHON LEZION, Israel (Reuters) - The rapid growth of digital assets and computer-driven investment advice has become a key challenge for regulators in trying to keep up with technological advances while seeking to protect investors, a U.S. markets regulator said on Monday.
Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.
GENEVA (Reuters) - Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday.
JPMorgan says 'oui' to Paris expansion post-Brexit
PARIS (Reuters) - JPMorgan Chase & Co
is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain's exit from the European Union, snapping up new premises in the French capital.
Apple's Cook says global corporate tax system must be overhauled
DUBLIN (Reuters) - Everyone knows that the global corporate tax system needs to be overhauled, Apple
Chief Executive Tim Cook said on Monday, backing changes to global rules that are currently under consideration.
AerCap CEO warns against panic discounts for Boeing 737 MAX jets
DUBLIN (Reuters) - Owners of Boeing's
grounded 737 MAX jet must keep cool heads and avoid offering panic discounts on sale or lease prices to avoid undermining its long-term value, the head of one of the world's largest aircraft lessors Aercap said on Monday.
BBC's Hall to step down ahead of crunch funding talks with British government
LONDON (Reuters) - The BBC's most powerful man will step down in six months to allow a new person to lead negotiations with Prime Minister Boris Johnson's government over a financing model for the publicly funded broadcaster.