Trump blasts comments by ECB’s Draghi, cites unfair competition
U.S. President Donald Trump criticized European Central Bank President Mario Draghi’s comments earlier on Tuesday that further monetary policy changes may be needed by the ECB, saying that would spark unfair European competition against the United Stat…
Draghi’s stimulus hints put ECB in Trump’s crosshairs
The European Central Bank will ease policy again if inflation fails to accelerate, ECB President Mario Draghi said on Tuesday, signaling one of the biggest policy reversals of his eight-year tenure and provoking the ire of U.S. President Donald Trump.
For Fed’s Powell, a gap with markets and Trump may need explaining
Bond investors expect an aggressive set of U.S. interest rate cuts this year, and a voluble president pines for the “old days” when his predecessors bullied central bankers to get their way.
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.
Boeing and Airbus bag $15 billion of deals in Paris Airshow battle
Airbus and Boeing bagged a combined $15 billion of plane deals on day two of the Paris Airshow, as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing’s top-selling jet.
‘Super Mario’ shock: euro slides, yields hit new lows
The euro took a beating and German bond yields hit a fresh record low on Tuesday in reaction to European Central Bank President Mario Draghi’s comments indicating a possibility of new rate cuts or asset purchases.
AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo
AirAsia Group has decided to convert 253 orders for Airbus’ A320neo planes to the larger A321neo model, making AirAsia the world’s largest customer for the A321neo, but is not yet ready to order the new longer-range version.
Swiss regulator says in contact with initiators of Facebook’s Libra
Switzerland’s financial regulator FINMA said on Tuesday that it is in contact with the “initiators” of Libra, Facebook’s planned cyrptocurrency.
Nvidia boosts self-driving AI business with Volvo trucks deal
Sweden’s AB Volvo is joining forces with Nvidia Corp to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was dropped by Tesla Inc last year.
AirAsia to convert 253 orders for Airbus A320neo planes to larger A321neo type
AirAsia Group has decided to convert 253 orders for Airbus’ A320neo planes to the larger A321neo model, Airbus said on Tuesday.
