Airbus CEO says chances of no-deal Brexit increasing
Airbus Chief Executive Guillaume Faury said on Wednesday there was a growing risk Britain would leave the European Union without a withdrawal deal in a way that could damage the aerospace firm’s performance next year.
After Boeing showstopper, Airbus seeks order bounce
Airbus, reeling from the potential loss of a major customer for its best-selling A320neo after British Airways owner IAG placed a lifeline order for Boeing’s grounded 737 MAX, prepared to hit back on Wednesday with more orders for its new A321XLR.
Factbox: Airbus and Boeing aircraft deals at Paris Airshow
Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.
China retains anti-dumping tariffs on U.S. distillers grains ahead of Trump-Xi talks
China’s Ministry of Commerce said on Wednesday it will maintain anti-dumping and anti-subsidy tariffs on imports of U.S. distillers grains (DDGs), a by-product of ethanol production used in animal feed, after closing a review launched in April.
Oil gains amid U.S.-China trade deal hopes, ECB talk of easing policy
Oil prices extended gains into a second session on Wednesday, buoyed by rekindled hopes for a U.S.-China trade deal and potential economic stimulus from the European Central Bank (ECB).
Blackstone chief donates $188 million to Oxford University
(This story corrects currency of donation from dollars to sterling in June 18 story.)
Qantas orders 10 A321XLRs, converts 26 more to model from prior order
Australia’s Qantas Airways Ltd said on Wednesday it would order 10 Airbus SE A321XLR jets and convert another 26 from a prior order to the new long-range model.
Asia shares pin all on dovish Fed, risk disappointment
Asian shares hit five-week highs on Wednesday as investors wagered the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.
Wall Street takes on long-term care payouts as insurers balk at costs
Some U.S. insurers are turning to Wall Street’s financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved.
Fed likely to leave rates steady, despite market outlook and Trump demands
The U.S. Federal Reserve concludes its latest two-day policy meeting on Wednesday expected to leave interest rates on hold but flag whether it plans to cut rates later this year as investors expect and the U.S. president has demanded.
