Boeing Co failed to submit certification documents to the U.S. Federal Aviation Administration (FAA) detailing changes to a key flight control system faulted in two fatal crashes, a long-awaited government report seen by Reuters has found.
A stalking horse bid for Cirque du Soleil Entertainment Group was dismissed as inadequate by lenders during a Quebec court hearing into the company's restructuring on Tuesday.
Dr Duvvuri Subbarao is a former governor of the Reserve Bank of India.
NEW YORK: Wall Street stocks rallied for a second straight session on Tuesday (Jun 30), concluding the best quarter for equities in more than two decades and shrugging off a resurgence in US coronavirus cases. The S&P 500, the broadest of the three major indices, finished at 3,100.29, up 1.54...
The former chief executive of Mexican state oil company Petroleos Mexicanos, Emilio Lozoya, has agreed to be extradited from Spain to Mexico to stand trial on corruption charges, Mexican Attorney General Alejandro Gertz said on Tuesday.
U.S. package delivery company FedEx Corp said it would not issue a 2021 forecast after its fiscal fourth quarter adjusted profit tumbled amid a deadly pandemic that is upending lives and commerce around the globe.
Policymakers need to keep diversity and structural racial inequalities in mind when analyzing the labor market and other measures of the economy, two Federal Reserve officials said on Tuesday.
Goldman Sachs Group Inc's investment bank formed a new group to increase its recruitment and hiring of Black employees and improve career development and retention among existing Black employees, according to a memo sent on Tuesday that was seen by Reuters.
TOULOUSE: Airbus on Tuesday (Jun 30) unveiled plans to shed around 15,000 jobs including 900 already earmarked in Germany, saying its future was at stake after the coronavirus pandemic rocked the air travel industry. Europe's biggest aerospace group said it would cut some 5,000 posts in France, 5 ......
Twelve million Mexicans have lost their jobs since March as part of the economic fallout from the coronavirus, and the number of people working in the informal sector shot up significantly, official data showed on Tuesday.
