Indonesia report on 737 MAX crash faults Boeing design, says Lion Air made mistakes
Boeing, acting without adequate oversight from U.S. regulators, failed to grasp risks in the design of cockpit software on its 737 MAX airliner, sowing the seeds for a Lion Air crash that also involved errors by airline workers and crew, Indonesian inv…
Boeing says it is addressing Indonesia’s safety guidance on Lion Air crash
Boeing Co said on Friday it is addressing Indonesia’s safety recommendations following calls for better cockpit systems and oversight by U.S. regulators, and after the country blamed design flaws for a deadly Lion Air 737 MAX jet crash.
Deeper global slowdown still more likely despite round of rate cuts: Reuters poll
A steeper decline in global economic growth still more likely than a synchronized recovery, even as multiple central banks dole out rounds of monetary easing, according to economists polled by Reuters in recent weeks.
Oil declines, ending three-day rally as growth concerns return
Oil prices pulled back on Friday, retracing some of the gains of a three rally on Friday, as downbeat economic growth forecasts revived concerns over the outlook for fuel demand.
Exclusive: China’s WeWork equivalent Ucommune files for U.S. IPO – sources
China’s biggest shared workspace provider Ucommune has filed a confidential prospectus with the U.S. securities regulator as it seeks an initial public offering (IPO) before the end of the year, two people with direct knowledge of the matter said.
Renault says revenue weighed down by Nissan, lower diesel engine demand
French carmaker Renault’s group revenue fell in the third quarter, weighed down by a drop in production at partners Nissan and Daimler as declining demand for diesel engines added to the effects of a slowing global market.
Asian shares stall, sterling falters amid Brexit, growth anxiety
Asian shares trod water on Friday as investors awaited key central bank policy meetings next week amid signs of slowing global growth, while sterling extended its slide on a fresh bout of Brexit anxiety.
Indonesia’s report on 737 MAX crash faults Boeing design, says Lion Air staff made mistakes
Indonesia has called for better Boeing cockpit systems and oversight by U.S. regulators after design flaws helped bring down a Lion Air 737 MAX jet – a crash that was compounded by errors from ground staff and crew.
How SoftBank made WeWork an offer it had to accept
By Mike Spector, Joshua Franklin, Greg Roumeliotis and Anirban Sen
Renault says third-quarter revenues down 1.6%, cites partners’ lower output
French automaker Renault’s group revenues fell 1.6 percent in the third quarter, with the company citing reduced production at its partners Nissan and Daimler , and a drop in demand for diesel engines in Europe.
