WASHINGTON: After months of trouble, Boeing got a vote of confidence on Wednesday (Jan 15) from President Donald Trump, whose new China trade agreement is in part designed to boost the embattled company. "It's a great company!" Trump said of Boeing at a signing ceremony for the US-China trade...
Airbus sees enough demand for its wide-bodied A330neo passenger jet to keep production stable, Chief Commercial Officer Christian Scherer told Reuters on Wednesday.
South African telecoms company Telkom SA told unions on Wednesday it could cut up to 3,000 of more than 15,000 staff as it struggles with declining performance in fixed voice and fixed data services.
U.S. producer prices edged up in December as a rise in the cost of goods was offset by weakness in services, the latest indication of tame inflation pressures that could allow the Federal Reserve to keep interest rates unchanged this year.
FRANKFURT AM MAIN: German prosecutors on Wednesday (Jan 15) said they were investigating three people who allegedly spied for China, with media reporting that a German former EU diplomat was among the suspects. "We can confirm an investigation into suspected espionage" for Chinese state security ...
The "phase one" agreement includes pledges from China to beef up purchases of American crops and other exports, provides protections for US technology, and new enforcement mechanisms.
U.S. President Donald Trump on Wednesday said he had no doubt that Boeing Co's new chief executive, David Calhoun, would be able to turn the company around as it grapples with the two fatal crashes of its 737 MAX plane.
LONDON: European stock markets were mostly lower on Wednesday (Jan 15) as investors took a step back after weeks of gains and awaited the signing of a long-expected China-US trade deal. European indices followed Asia lower, though London's benchmark FTSE 100 posted a rise owing to a weaker pound...
U.S. President Donald Trump on Wednesday said he had no doubt that Boeing Co's new chief executive, David Calhoun, would be able to turn the company around as it grapples with the two fatal crashes of its 737 MAX plane.
A software update for the GTF engine on the A220 jet is expected in the spring, pending regulatory approval, Graham Webb, vice president of Pratt & Whitney commercial engine programs said on Wednesday.
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