Advertisements



American in talks for up to 50 Airbus A321XLR jets: sources

American Airlines is edging towards a deal with Airbus to buy up to 50 newly launched A321XLR extended-range narrow-body aircraft including some converted from existing orders of other models, people familiar with the matter said......»»

Category: topSource: REUTERS8 min. ago Related News

FAA moves to support growth of civil supersonic air industry

The U.S. Federal Aviation Administration (FAA) said on Monday it is moving to rewrite testing rules to allow for the eventual return of civil supersonic air travel......»»

Category: topSource: REUTERS8 min. ago Related News

Sotheby"s snapped up by French tycoon Drahi for $3.7 billion

Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership after 31 years......»»

Category: topSource: REUTERS8 min. ago Related News

Boeing says has no plans to change name of 737 max

Boeing Co said on Monday it had no plans to change the name of the 737 MAX after news reports that it would be prepared to do so to improve its future marketing......»»

Category: topSource: REUTERS38 min. ago Related News

New blow to Boeing from engine delay, Airbus long-range rival takes off

Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker's engine supplier revealed a delay affecting its all-new 777X jet, while Airbus targeted the middle of the market with a rival plane......»»

Category: topSource: REUTERS38 min. ago Related News

U.S. firms say China tariffs will raise costs, with few sourcing alternatives

A bro.....»»

Category: topSource: REUTERS38 min. ago Related News

Faith in the Fed pushes Wall Street higher

Wall Street climbed on Monday, with Facebook, Apple and Amazon leading the way, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year......»»

Category: topSource: REUTERS38 min. ago Related News

Breakingviews TV: Array factor

Pfizer is buying Array BioPharma for $11 billion, a 62% premium. It’s Big Pharma buying another smallish biotech, but in this case, Array’s backstory is a mix of skill, law and luck, as Rob Cyran explains......»»

Category: videoSource: REUTERS53 min. ago Related News

New Boeing jet blow at Paris as Airbus long-range A321 takes off

Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the U.S. planemaker's engine supplier revealed a delay affecting its all-new 777X jet, while Airbus targeted the middle of the market with a rival plane......»»

Category: topSource: REUTERS2 hr. 7 min. ago Related News

Global stocks, yields steady with Fed, central bank meetings on tap

.....»»

Category: topSource: REUTERS2 hr. 7 min. ago Related News

Wall St. holds on to gains; Fed policy meeting eyed

Wall Street's main indexes rose on Monday, with the tech-heavy Nasdaq leading the pack, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year......»»

Category: topSource: REUTERS2 hr. 7 min. ago Related News

Fed may cut rates near zero if U.S.-China trade worsens: Morgan Stanley

The Federal Reserve may lower U.S. interest rates to near zero by the spring of 2020 if U.S.-China trade relations deteriorate further and tip the U.S. economy into a recession, according to Morgan Stanley analysts......»»

Category: topSource: REUTERS2 hr. 7 min. ago Related News

Huawei sees $30 billion revenue hit from U.S. ban

China’s Huawei has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year......»»

Category: videoSource: REUTERS2 hr. 22 min. ago Related News

Iran to breach allowed uranium limit

Iran said on Monday it would breach internationally agreed limits on its stock of low-enriched uranium in 10 days -- a move likely to strain already high tensions with Washington. Anna Bevan reports......»»

Category: videoSource: REUTERS2 hr. 22 min. ago Related News

Huawei expects $30 billion hit from U.S. ban

Huawei founder and CEO Ren Zhengfei on Monday revealed the expected damage from a U.S. clampdown. Yahaira Jaquez reports......»»

Category: videoSource: REUTERS2 hr. 22 min. ago Related News

Sold! Billionaire Patrick Drahi will buy Sotheby"s for $3.7 bln

Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis. Pascale Davies reports......»»

Category: videoSource: REUTERS2 hr. 22 min. ago Related News

Deutsche Bank to set up 50 billion euro bad bank in revamp

Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday......»»

Category: topSource: REUTERS2 hr. 52 min. ago Related News

Wall St. moves higher; Fed policy meeting eyed

Wall Street's main indexes climbed higher on Monday, with the tech-heavy Nasdaq leading the pack, as investors awaited a crucial Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year......»»

Category: topSource: REUTERS2 hr. 52 min. ago Related News

KPMG fined $50 million for using stolen data, exam fraud: U.S. SEC

KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monday......»»

Category: topSource: REUTERS2 hr. 52 min. ago Related News

Fashion house Chanel parades its independence as profits rise

Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, on Monday reaffirmed commitment to its independence after reporting higher annual sales and profits......»»

Category: topSource: REUTERS2 hr. 52 min. ago Related News