U.S. airlines absent from Senate COVID-19 relief proposal, unions plan action

A fresh U.S. Senate Republican coronavirus spending package introduced on Tuesday does not include new government assistance for U.S. airlines or airports, a text of the proposal showed, as the sector races to save jobs before October.

Global equities tumble as Nasdaq, Brexit concerns mount; bonds rally

Global equity markets and oil prices tumbled on Tuesday as a sharp sell-off in technology stocks and rising concerns over Britain leaving the European Union without a trade agreement threatened to stall a rally that had pushed world shares near record highs despite the coronavirus pandemic.

Stocks fall as tech remains under pressure, Tesla tumbles

U.S. stocks dropped for a third straight session on Tuesday as a sell-off in high-flying technology names continued from the prior week, while Tesla was poised for its worst day in nearly six months after the stock was passed over for inclusion in the S&P 500.

Oil prices stumble, hit June lows on Saudi price cut, COVID flare-ups

Oil futures settled sharply lower on Tuesday, with Brent sinking below $40 a barrel for the first time since June and U.S. crude falling nearly 8% after Saudi Arabia cut its October selling prices and COVID-19 cases rebounded in several countries.

Apple seeks damages from 'Fortnite' creator in App Store dispute

Apple Inc on Tuesday filed counter claims against "Fortnite" creator Epic Games asking for lost App Store fees and other damages, and seeking an order to stop the game maker from operating its own in-app payment system.

Baker Hughes plots low carbon future as oil prices remain low

Baker Hughes is pivoting to customers preparing for the transition to a low-carbon future, bolstering its footprint beyond oil and gas oilfield services, its chief executive said on Tuesday.

Epic Games asks court to prevent what it describes as Apple's "retaliation"

Epic Games said late on Friday that it has asked a court to stop what it saw as Apple Inc's retaliation against the "Fortnite" creator after the iPhone maker terminated Epic Games' account on its App Store.

Apple plans special event for September 15, new products anticipated

Apple Inc on Tuesday scheduled a special event for Sept. 15, with fans and investors expecting a refresh in the lineup of some of the company's core products.

Airbus jet deliveries slip in August, stays ahead of Boeing

Airbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in front of its beleaguered U.S. rival Boeing , which reported new production headaches.

Ryanair threatens winter base closures at Ireland's Shannon, Cork: RTE

Ryanair has told staff at Shannon and Cork airports in the south of Ireland that it intends to close both bases for the winter unless the government relaxes strict travel restrictions, RTE reported on Tuesday, citing a letter from the airline.

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