Alaska Airlines has agreed to buy 23 Boeing Co 737 MAX 9 jets, the companies said on Tuesday, confirming an Oct. 8 Reuters report that the U.S. planemaker was in talks with Alaska to stimulate demand for the jet's comeback.
President Donald Trump on Tuesday signed a stopgap measure to fund U.S. agencies for another week after Congress passed a US$892 billion COVID-19 aid package overnight that aims to shore up the nation's pandemic response and bolster the battered economy.
Shares of Apple Inc rose 3per cent in pre-market trading on Tuesday, a day after Reuters exclusively reported that the iPhone maker is aiming to produce a passenger vehicle by 2024 with its own battery technology.
China's Ministry of Commerce said on Tuesday it firmly opposed a U.S. move placing 58 Chinese companies on a list of firms with alleged military ties, and vowed to take measures to safeguard the rights and interests of Chinese enterprises.
Gains for Apple dragged S&P 500 and Nasdaq futures higher on Tuesday, buoyed by signs it was set to push into car production, as investors worried about the threat of a new coronavirus strain uncovered in England.
Ouster Inc, a U.S. startup that makes lidar sensors for self-driving cars and smart cities, said on Tuesday it has agreed to go public through a merger with special purpose acquisition company (SPAC) Colonnade Acquisition Corp.
Airbus is set to beat Boeing to be the world's largest jetmaker for the second year in a row, ending 2020 by resuming deliveries of its A380 superjumbo to Emirates, though its final deliveries are likely to have dropped 35per cent from 2019 due to the pandemic.
U.S. oil and gas shares and drilling activity are edging higher, but a disastrous year for the energy industry means the go-go days of the shale boom may be gone for good.
Ripple, the blockchain payments company associated with the cryptocurrency XRP, said on Tuesday it would oppose a lawsuit against it by the U.S. Securities and Exchange Commission.
Macau is betting on a new tech trade fair to help diversify its gambling-reliant economy and establish itself as a gateway to China as it recovers from coronavirus-related lockdowns.
