Midday Dispatch – Corporate and Financial News

 

Ryanair says delays to deliveries of the crisis-hit Boeing 737 MAX means it must scale back some of its services. CD

A total of 1,575,472 passengers travelled between Malta and Gozo during the second quarter this year, up by 2.6 per cent when compared to the corresponding quarter in 2018. The highest number of passengers was recorded in June – 534,433 or 33.9 per cent of the total for the quarter. The number of vehicles increased by 7.5 per cent, totalling 454,818. NSO

Oil prices rose on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due to shale oil countered tensions in the Middle East. Reuters 

Greece is planning to sell its new seven-year bond at a significantly tighter spread against German debt than in transactions earlier this year in a sign of the country’s comeback from a deep crisis less than a decade ago. FT

China on Tuesday rebuffed a suggestion from U.S. President Donald Trump that Beijing needs a trade deal with the United States because its economy is slowing, saying this was “totally misleading” and that both countries wanted an agreement. Reuters 

Two years ago Nasdaq Inc and Citigroup Inc announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a milestone in the global financial sector.” Reuters

France’s top central banker has said that monetary policy must remain independent of market inflation expectations as well as political pressure, pushing back at suggestions the ECB needs to act at its July meeting. FT

Ci Consulta

 

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