Singapore suspends Boeing 737 MAX flights after Ethiopia crash
Singapore will temporarily suspend all Boeing 737 MAX flights from 1400 local time (0600 GMT) on Tuesday, the civil aviation authority said, two days after an Ethiopian Airlines crash that killed all 157 on board.
Elon Musk shoots down U.S. regulator’s complaint about his Tesla tweet
SAN FRANCISCO – Tesla Inc Chief Executive Elon Musk shot back against U.S. securities regulators on Monday, arguing in a filing that his recent tweet about the electric vehicle maker’s production volume did not violate his fraud settlement and he cann…
U.S. to mandate design changes on Boeing 737 MAX 8 after crashes
The United States will mandate that Boeing Co implement design changes by April that have been in the works for months for the 737 MAX 8 fleet after a fatal crash in October but said the plane was airworthy and did not need to be grounded after a secon…
IATA cuts annual air cargo traffic growth forecast citing trade frictions, Brexit
The International Air Transport Association (IATA) on Tuesday nearly halved its annual forecast for traffic growth in the air cargo market to 2 percent citing trade frictions, Brexit and anti-globalization rhetoric.
‘Absurd’ to say Trump unreliable trade negotiator with China: White House
The White House said on Monday it was “absurd” to suggest that President Donald Trump was an unreliable negotiator as China reportedly balks at a summit with President Xi Jinping over concerns Trump would walk away from a trade deal.
China, U.S. discuss key issues in trade talks: Xinhua
Chinese Vice Premier Liu He held a telephone call on Tuesday with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer on key issues in their trade talks, state news agency Xinhua said.
Boeing to upgrade software in 737 MAX 8 fleet in ‘weeks’
Boeing Co confirmed late on Monday it will deploy a software upgrade to the 737 MAX 8, a few hours after the Federal Aviation Administration said it would mandate “design changes” in the aircraft by April.
Pound jumps, Asian shares rise after changes to Brexit deal
The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement.
Oil prices rise amid broad market rally, OPEC supply cuts
Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC.
Mexico’s Aeromexico suspends Boeing 737 MAX planes
Mexican airline Aeromexico said on Monday it had suspended the operation of its six Boeing 737 MAX 8 planes until it had clear information about the investigation into the crash of an Ethiopian Airlines jet on Sunday.
