Irish plane lessor sues Boeing for 737 MAX-related losses
An Ireland-based plane lessor sued Boeing Co on Tuesday for breaching a contract for 22 of the U.S. planemaker's 737 MAX aircraft and sought a compensation of $185 million.
An Ireland-based plane lessor sued Boeing Co on Tuesday for breaching a contract for 22 of the U.S. planemaker's 737 MAX aircraft and sought a compensation of $185 million.
Oil retreated on Wednesday after rising more than 1% in the previous session as U.S. industry data showed a surprise build in crude stocks, but hopes for firmer demand next year checked a deeper fall in prices.
Asian stocks camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived Brexit fears came back to bite it.
Asian stocks camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived Brexit fears came back to haunt it.
Santa came early to Asia's stock markets on Tuesday as trade deal optimism, positive economic signals in China and Wall Street's rally sent shares to an 18-month high, while familiar Brexit worries knocked sterling.
Boeing Co is expected to continue burning cash despite pausing production of its 737 MAX jet, as it will leave its workforce intact and likely provide support to suppliers, analysts said.
Another senior Credit Suisse executive was followed over three days in February, the Neue Zuercher Zeitung reported, suggesting the shadowing of former wealth management boss Iqbal Khan was not an isolated incident as the Swiss bank has said.
Another senior Credit Suisse executive was followed this year, the Neue Zuercher Zeitung reported, suggesting the surveillance of former wealth management boss Iqbal Khan was not an isolated incident as the Swiss bank has said.
Oil prices climbed higher on Tuesday as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline, set to stoke oil demand in the world's biggest economies.
Toyota Motor Corp expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world's top car markets.
German broadcaster ProSiebenSat.1 Media SE's e-commerce arm NuCom Group is exploring the acquisition of U.S. live streaming app developer Meet Group Inc , people familiar with the matter said.
The boards of Fiat Chrysler Automobiles NV and Peugeot SA will meet separately on Tuesday to discuss finalising an initial agreement for a $50 billion merger to create the world's number four carmaker, sources said.
Shares of Britain's Senior Plc, whose aerospace unit counts Boeing Co as its biggest customer, fell 5% after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jet.
Shares in European aerospace group Airbus rose on Tuesday, after archrival Boeing said it would suspend production of its best-selling 737 MAX jetliner in January.
Shares in Boeing Co's biggest European suppliers, Senior Plc and Safran, fell sharply on Tuesday after the U.S. planemaker said it would suspend production of its best-selling 737 MAX jetliner in January, deepening its crisis.