WASHINGTON: Boeing suppliers, customers and financiers braced on Monday (Dec 16) for a possible freeze in Boeing 737 production for the first time in more than 20 years as the grounding of the best-selling MAX looks set to last well into the New Year. Two suppliers told Reuters Boeing...
U.S. stock index futures rose on Monday as the top U.S. trade negotiator said a deal would nearly double exports to Beijing over the next two years, but Boeing was set to cap gains for the S&P 500 and Dow on production concerns about its grounded jet.
Renault's former chief executive Thierry Bollore, who was ousted in October, had sought to flag alleged conflicts of interest and governance problems at the company's Japanese alliance partner Nissan before his departure, Le Monde reported on Monday.
Chinese-owned Volvo Cars said on Monday it had issued convertible preference shares worth 5 billion crowns (US$519 million) to a group of Swedish institutional investors.
SINGAPORE: Flying to Brussels is about to become more convenient with the introduction of a new Singapore Airlines non-stop route to the Belgian capital from Singapore. The airline on Monday (Dec 16) announced it would be introducing non-stop flights to the city from Oct 25 next year. Flights ...
Cineworld will buy Canada's Cineplex for US$1.65 billion in cash, making the British firm the biggest cinema operator in North America as it looks to tackle increasing competition from online streaming services.
Sweden's H&M , the world's second-biggest fashion retailer, reported on Monday a slightly smaller rise in fiscal fourth-quarter sales than expected and said the fact Black Friday fell later this year had a negative effect.
SINGAPORE: Singtel has named Temasek International chairman Lee Theng Kiat as its non-executive director and chairman-designate, the telco said in a news release on Monday (Dec 16). Mr Lee, whose appointment takes effect on Jan 15, will assume chairmanship after Mr Simon Israel retires in July ...
Google has told its Turkish business partners it will not be able to work with them on new Android phones to be released in Turkey, after the Turkish competition board ruled that changes Google made to its contracts were not acceptable.
SINGAPORE: Sales of new private homes rose 23 per cent in November from the previous month, boosted by demand for projects launched during the last two years. Developers sold 1,147 homes, excluding executive condominiums, in November, compared with 931 homes in October, according to data compiled ...
