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EU reserves right to take own decisions on Boeing 737 MAX

The European Union will work with other regulators on the approval of new software for the Boeing 737 MAX but reserves the right to take its own decision on when to return the grounded jet to service, the bloc's transport chief said on Sunday.



5 years ago

Emirates head cautious on quick return to service for Boeing 737 MAX 

Emirates airline President Tim Clark said on Sunday that global regulators should act in a coordinated way to return the Boeing 737 MAX to service and warned it could take six months to get the grounded jet back into operation.



5 years ago

U.S. regulators divide scrutiny of Amazon and Google: Washington Post

U.S. antitrust regulators have divided oversight of Amazon.com Inc and Alphabet Inc's Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, the Washington Post said on Saturday.



5 years ago

Airlines want joint lifting of 737 MAX ban, but EU cautious

Global airlines urged regulators on Sunday to coordinate on software changes to the Boeing 737 MAX, thus avoiding damaging splits over safety seen when the aircraft was grounded in March.



5 years ago

A year after Qatar boss' gaffe, airlines still pay 'lip service' to diversity: executives

A year after Qatar Airways boss' remark that a woman could not do his job drew scathing criticism, airline executives called out the industry for paying only "lip service" to diversity and not pushing to get more women out of cabins and into boardrooms.



5 years ago

Airbus close to deal to sell A330neo to Virgin Atlantic: sources

Europe's Airbus is close to a deal to sell A330neo wide-body passenger jets to Virgin Atlantic, people familiar with the matter said on Sunday.



5 years ago

Japan Airlines looks to deepen partnership with Malaysia Airlines

Japan Airlines Co Ltd (JAL) may expand a joint venture with Malaysia Airlines to cover U.S. flights and other Asian routes in the future, the Japanese carrier's president said.



5 years ago

China says U.S. can't use pressure to force trade deal

The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said on Sunday, refusing to be drawn on whether the leaders of the two countries would meet at the G20 summit to bash out an agreement.



5 years ago

Global airlines slash profit forecast on protectionism fears

Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries about an overdue industry slowdown.



5 years ago

Ministers at Forthcoming G20 Summit in Japan to May Create Global Cryptocurrency Exchange Registry

Finance Ministers and Central Bank Governors from the globe’s twenty most powerful economies are “expected” to collaborate on creating a global registry of cryptocurrency exchanges when they meet at the G20 Conference in Fukuoka, Japan, in June, Nikkei Asian Review (NAR) reports. G20 government personnel meeting... Read More


The post Ministers at Forthcoming G20 Summit in Japan to May Create Global Cryptocurrency Exchange Registry appeared first on Crowdfund Insider.


5 years ago

Italy says it won't seek fight with EU, amid talk of government crisis

The Italian government is confident it can reach a compromise with Brussels and avoid sanctions over its deteriorating public finances, the economy minister said as talk of a looming government crisis grew.



5 years ago

Mexico's Economy Minister to meet Wilbur Ross over U.S. tariff threat

Mexico's Economy Minister Graciela Marquez said on Sunday she would meet with U.S. Commerce Secretary Wilbur Ross in Washington on Monday, two days before the neighboring countries are due to discuss possible tariffs on Mexican goods.



5 years ago

Explainer: Why Google has a target on its back in Washington

The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition, two sources familiar with the matter said.



5 years ago

Mexico and U.S. gear up for tariff talks, Trump doubles down on threat

Top Mexican and U.S. officials on Sunday prepared for crunch talks next week aimed at averting a major trade clash after U.S. President Donald Trump vowed to impose punitive tariffs on all Mexican goods in an intensifying dispute over migration.



5 years ago

Some Boeing 737 MAX planes may have faulty parts: FAA

The U.S. Federal Aviation Administration said on Sunday some Boeing Co 737 MAX and NG planes may have parts that were improperly manufactured and that it will require their replacement, the latest issue to hit the world's largest plane maker.



5 years ago