Friday, April 19, 2019
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Hopes fade for Jet Airways return as shares plunge

On Thursday, the carrier's shares fell 26.9%, leaving it valued at around $260m (£199m) - far from its 2005 peak of $1.6bn (£1.2bn)

Pinterest shares close 28% up on NYSE trade debut

The company had set the price for its 75 million shares at $19 (£14.56) on Wednesday evening, above its $15 to $17 target range

EU mulls $20bn tariffs on US goods over Boeing subsidy row

The European Union's competition watchdog released the 11-page list of US imports it could target on Wednesday, which include agricultural produce from dried fruit to ketchup, fish, tobacco, handbags and suitcases

Jet Airways cancels all flights after rescue talks fail

In a letter to the Bombay Stock Exchange in Mumbai, the Indian company said: "Since no emergency funding from the lenders or any other source is forthcoming, the airline will not be able to pay for fuel or other critical services to keep the operations going

China’s GDP figures show signs of recovery

GDP rose by 6.4% in the three months to March compared to the same time last year, a result that was slightly above analysts' expectations

Netflix reports biggest subscriber increase since launch but gains set to...

Some 1.74 million people signed up in the US and 7.86 million signed up elsewhere - both above the average analyst estimates

Jobs market ‘robust’ as unemployment falls

The Office for National Statistics said unemployment fell to 1.34 million (3.9%) and the number of people in work rose to 32.7 million

JD Sports defies high street gloom with ‘record’ result

Executive chairman Peter Cowgill said that the retailer of sports, fashion and outdoor brands had delivered a "record result" thanks to its "relentless focus" on providing a "compelling differentiated proposition to the consumer"

Greece seeks early repayment of €10bn IMF loan

Greek government spokesman Dimitris Tzanakopoulos said on Monday that his country is hoping to repay a "significant portion" of its remaining €9.6bn (£8.3bn) owed to the IMF, ahead of schedule

Former Volkswagen boss Winterkorn indicted on fraud charges over ‘dieselgate’ scandal

Martin Winterkorn faces four charges, with prosecutors saying he failed to prevent the manipulation of Volkswagen engines that enabled the cars to falsify results