Qantas tests world’s longest commercial flight from New York to Sydney
Australia’s flag carrier Qantas completed on Sunday a nonstop test flight from New York to Sydney, researching how the world’s longest potential commercial airplane journey of nearly 20 hours would impact pilots, crew and passengers.
Boeing board to meet in Texas as scrutiny intensifies: sources
Boeing Co’s board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet.
China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy
China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level.
Fallout from Trump’s trade wars felt by economies around the world
The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan.
China’s central bank chief says trade tensions major risk to global economy
China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level.
SoftBank seeks to avoid WeWork’s liabilities with new investment: sources
SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the U.S. office-space sharing firm, according to people familiar with the matter.
China’s indebted HNA group names chairman’s son as president: Caixin
China’s indebted HNA Group has appointed its chairman’s son as president as part of business restructuring at the finance-to-aviation conglomerate, Chinese financial magazine Caixin reported on its website on Saturday.
U.S. oil major Chevron says hopeful about maintaining Venezuela presence
U.S. oil major Chevron Corp said late on Friday it is optimistic about maintaining a presence in Venezuela even amid U.S. sanctions on the country and state oil company PDVSA as part of Washington’s effort to oust President Nicolas Maduro.
China says will work with the U.S. to address each other’s core concerns
Chinese Vice Premier Liu He said on Saturday that China will work with the United States to address each other’s core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides and the world.
U.S. considers extension of Chevron’s Venezuela waiver with more limitations: Bloomberg
The United States is considering extending Chevron Corp’s waiver to operate in Venezuela with more limitations by granting the company a 90-day sanctions reprieve, Bloomberg reported late on Friday, citing people familiar with the matter.
