BUSINESS

US Bans Flights To Haiti As Gang Violence Rages

The US Federal Aviation Administration's move came after a Spirit Airlines jetliner arriving from Florida in Port-au-Prince was hit by gunfire
The United States on Tuesday banned all civilian flights to Haiti for a month, a day after a jetliner was shot at on approach to the capital and as a new prime minister took the reins of a nation ravaged by poverty and gang violence.
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Bayer's profits plunged after the group reported a big loss

Bayer Shares Hit 20-yr Low As Problems Pile Up

Bayer's shares plunged to a 20-year low Tuesday after the German chemicals giant cut its earnings outlook and posted a worse-than-expected loss on woes related to its troubled agrochemicals division.
The Endeavor Group Holdings Inc. (EDR) logo hangs from the New York Stock Exchange on the morning of its public listing at the NYSE in New York City

Endeavor Announces Deal To Sell OpenBet, IMG Arena For $450M To OB Global

The company called the transaction a crucial step toward the completion of the proposed Endeavor take-private by Silver Lake. It is subject to standard closing conditions, including the necessary approvals from relevant gaming regulatory authorities, and is expected to close just prior to the finalization of the take-private deal.
Asian traders are bracing for the next presidency of Donald Trump after he warned of another round of painful tariffs against China during his campaign

Asian Markets Stutter With Focus On China As Trump Picks Team

Traders struggled Tuesday to bounce back from the previous day's losses in most markets sparked by disappointment over China's economic support measures, while keeping tabs on the United States as president-elect Donald Trump builds his cabinet.
Australia is close to inking a deal that will keep ANZ Bank open in several important Pacific nations

Australia Moves To Keep Its Banks In The Pacific

Australia will move to stem the exodus of its banks from the Pacific Islands, the country's top economic official said, as concerns mount that China could bolster its influence by filling in the gaps.

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