Emirates president confident Boeing will resolve issues with 737 MAX
Emirates Airline President Tim Clark said on Monday he believes Boeing Co will resolve issues with its 737 MAX aircraft, saying the U.S. company has an outstanding track record.
UK pulls up Rolls-Royce for slow supplier payments
Engine maker Rolls-Royce said on Monday that it had been suspended from the UK government’s Prompt Payment Code (PPC) after failing to pay suppliers in time.
Global shares advance on data boost from U.S., China
Global shares rose on Monday, aided by data showing profits at Chinese industrial firms grew for the first time in four months and a strong reading of U.S. first quarter growth data last week.
Oil falls after Trump presses OPEC to make up for Iranian sanctions
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.
U.S., China data send Asian shares higher, Europe to follow
Asian shares climbed on Monday, with markets in Europe poised to track their gains, after strong U.S. first-quarter economic growth and data showing profits at Chinese industrial firms grew for the first time in four months.
As trade talks reach endgame, U.S.-China ties could hinge on enforcement
U.S. negotiators head to China on Tuesday to try to hammer out details to end the two countries’ trade war, including the shape of an enforcement mechanism, the success or failure of which could set the trajectory of ties for years to come.
DBS posts record profit on lending gains, raises bar for Singapore banks
Southeast Asia’s biggest lender DBS Group Holdings Ltd beat market estimates to post a record quarterly profit, as strong lending income offset weakness in wealth management, brokerage and investment banking fees.
Canadian farm exports run into Chinese wall amid diplomatic dispute
An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute.
Boeing CEO faces shareholders for first time since 737 MAX crashes
Boeing Co Chief Executive Dennis Muilenburg said on Monday the company was making steady progress towards getting approval for new 737 MAX software as he faced shareholders for the first time since two fatal crashes triggered the jet’s grounding.
Asian shares up, sentiment still fragile after U.S. GDP
Asian shares rebounded on Monday after strong U.S. first-quarter economic growth boosted the S&P 500 index to a record high, and the recovery was also supported by data showing profits at Chinese industrial firms grew for the first time in four months.
