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Credit Suisse shuts five more exchange-traded notes

Bloomberg Credit Suisse is shuttering five more exchange-traded notes next month, eliminating a pair of structured products that let investors bet on swings in stock markets and a trio of notes tied to oil prices. The investment bank, which infamously closed the $1.9 billion VelocityShares Daily Inverse VIX Short-Term ETN, ticker XIV, in February amid a maelstrom in which the ...

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US carriers plan to heed China demands on naming Taiwan

Bloomberg US airlines plan to comply with a Chinese government demand that they revise their website identifications of Taiwan to reflect China’s claim on the island territory, said a person familiar with the discussions. The US carriers affected by the mandate — American Airlines Group Inc., Delta Air Lines Inc., United Continental Holdings Inc., and Hawaiian Holdings Inc. — will ...

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Ryanair hits out at striking workers with Irish fleet cuts

Bloomberg Ryanair Holdings Plc is pulling a fifth of its planes from its Dublin base this winter as the budget carrier moves to counter intensifying labor unrest causing flight disruptions across Europe. The airline said it will cut its Irish fleet by a fifth to 24 aircraft for winter 2018, blaming pilot walkouts for hurting bookings, air fares and consumer ...

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