British Boeing supplier Senior Plc shares fall after 737 MAX production halt
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.
Airbus shares rise after latest Boeing 737 MAX blow, Safran down
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.
Credit Suisse executive tailed by private investigators: paper
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 climb on U.S.-China trade hopes, supply cuts
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 expects 2020 global car sales to stay at record-high levels
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.
Asian stocks ride Wall Street wave to 18-month peak, pound slips
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’s production pause will not end 737 Max cash burn: analysts
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.
Explainer: How the 737 MAX production freeze affects airlines across the globe
Boeing Co has decided to suspend production of its best-selling 737 MAX model from January, the plane maker’s biggest assembly-line halt in more than 20 years, as repercussions from two deadly crashes drag into 2020.
Oil poised near three-month highs on U.S.-China trade hopes, supply cuts
Oil prices trickled a fraction lower on Tuesday but remained near a three-month high 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.
SoftBank’s Son says Japan should make AI mandatory subject for college students
SoftBank Group Corp Chief Executive Masayoshi Son said on Tuesday Japan should make artificial intelligence (AI) a mandatory subject for college entrance exams, to counter the yawning gap with the United States and China in the nascent field.
