Money

Boeing Co said late Sunday it will postpone the planned ceremonial debut of its 777X widebody aircraft after Sunday’s crash of an Ethiopian Airlines plane that left 157 dead.

Ethiopian Airlines has grounded its Boeing Co 737 MAX 8 fleet until further notice, the airline said on its Twitter account on Monday, a day after a crash killed all 157 people on board one of its planes of the same type.

Ousted Nissan boss Carlos Ghosn is seeking permission from a Tokyo court to attend the automaker’s board meeting this week, his lawyer said on Monday, setting him up to face off against colleagues he has accused of orchestrating a boardroom coup.

The heads of Renault SA, Nissan Motor Co and Mitsubishi Motors Corp will hold a joint news conference at Nissan’s headquarters in Yokohama on Tuesday, Nissan said.

Shares of Jet Airways Ltd rose as much as 4.8 percent to 255 rupees, the highest in over a month, after a report said the debt-laden carrier has secured a loan of 20.50 billion rupees ($293.07 million) from Punjab National Bank.

Tattooed models in mustard robes replaced the usual gray-suited bankers at Nordea Bank’s Copenhagen headquarters recently, as the Danish bank strutted out its latest attempt to woo young talent.

Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall U.S. drilling activity.

China’s aviation regulator said on Monday it had ordered Chinese airlines to suspend their Boeing Co 737 MAX aircraft operations by 6 p.m. (5.00 a.m. ET) following a deadly crash of one of the planes in Ethiopia.

Asian shares struggled for traction on Monday after U.S. employment data raised doubts about the strength of the global economy, while investor jitters ahead of crucial Brexit votes in the UK parliament this week weighed on the pound.

UBS Group AG and Standard Chartered PLC have agreed to settle a case of alleged misconduct related to a 2009 initial public offering (IPO) in Hong Kong, a counsel for the market regulator said at a tribunal hearing on Monday.