(Reuters) – Air Lease Corp said on Monday it would lease 25 Boeing 737 MAX jets to Malaysia Airlines’ parent to be delivered between early 2023 and 2026 through the lessor’s orderbook with the manufacturer. Malaysia Aviation Group (MAG) Chief Executive Izham Ismail said in a statement that the deal was tied to the restructured…
By Rod Nickel (Reuters) -The province of Alberta will toughen its greenhouse gas emissions standards for oil sands mines, closing a loophole that rewarded some of Canada’s highest-emitting facilities with millions of dollars’ worth of tradeable credits, its environment ministry told Reuters. Alberta is updating industry benchmarks that set emissions reduction requirements per unit of…
By Stephen Culp NEW YORK (Reuters) – The S&P 500 index closed modestly lower on Monday, largely recovering from a sharp sell-off, as U.S. plans to close its Kyiv embassy in Ukraine sent simmering geopolitical tensions to a boil. All three major U.S. stock indexes dropped sharply after U.S. Secretary of State Antony Blinken announced…
(Reuters) – Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc, the Wall Street Journal reported, citing people familiar with the matter. The Securities and Exchange Commission (SEC), along with the Department of Justice, is investigating whether bankers may have…
BRASILIA (Reuters) – Brazilian central bank chief Roberto Campos Neto said markets are showing less concern about the possible victory of ex-president Luiz Inácio Lula da Silva in this year’s presidential race, according to remarks in an interview publish on Monday. When asked if a victory of the left-wing leader was already priced into financial…
By Lewis Krauskopf NEW YORK (Reuters) – Worries over a potential Russian invasion into Ukraine could fuel stock weakness over the short-term, but most U.S. market fallout related to geopolitics is likely to be short-lived, if history is any guide. With the S&P 500 down over 7% to start the year and bond yields spiking,…
(Reuters) – Citigroup Inc Chief Executive Officer Jane Fraser will be paid $22.5 million for 2021, a 31.6% increase from the previous year when she was the president of the bank and the head of its consumer businesses, the bank disclosed on Monday. (Reporting by David Henry in New York and Sohini Podder in Bengaluru;…
By Stephen Culp NEW YORK (Reuters) – The S&P 500 index ended weaker on Monday, partly recovering from a steep late-afternoon sell-off, as U.S. plans to close its Kyiv embassy in Ukraine sent simmering geopolitical tensions to a boil. All three major U.S. stock indexes dropped sharply after U.S. Secretary of State Antony Blinken announced…
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – World shares slid on Monday as U.S. warnings that Russia could invade Ukraine at any time pushed oil prices to fresh seven-year peaks and sent investors scurrying to buy safe-haven government bonds they have mostly shunned this year. Europe’s STOXX 600 share index tumbled as…
By Stephanie Kelly NEW YORK (Reuters) – Oil prices surged on Monday over 2% to their highest in more than seven years as Ukraine’s President said he had heard that Russia could invade the country on Wednesday. Russia is one of the world’s largest oil-and-gas producers, and fears that it could invade Ukraine have driven…
