Oil exec and Trump ally Hamm seeks U.S. probe of oil price crash

WASHINGTON (Reuters) – The founder of Continental Resources Inc (CLR.N), an ally of U.S. President Donald Trump, is pressing the U.S. commodity markets regulator and the exchange to probe whether market manipulation or system failure was behind this week’s unprecedented plunge in U.S. crude futures. FILE PHOTO: U.S. President Donald Continue Reading

Foxconn announces leadership overhaul as chairman seeks Taiwan presidency

Foxconn Technology Group founder and chairman, Terry Gou, speaks during a news conference after his trip to the U.S., in Taipei, Taiwan May 6, 2019. REUTERS/Tyrone Siu TAIPEI (Reuters) – Apple supplier Foxconn on Tuesday announced a plan to overhaul its leadership structure in a move to allow more senior Continue Reading

SpiceJet seeks planes from other sources after India grounds 737 MAX fleet

A man looks out through a window with an advertisement of SpiceJet Airline, on a commercial building in the western Indian city of Ahmedabad February 14, 2014. REUTERS/Amit Dave (Reuters) – India’s SpiceJet Ltd said on Friday it was in talks will lessors globally to induct aircraft, in an effort Continue Reading