Oil prices rise on OPEC’s supply cuts and healthy demand
Oil prices rose on Tuesday, lifted by output cuts led by producer group OPEC as well as healthy demand, although analysts said economic headwinds posed downside risks to crude markets.
In shadow of Ghosn, Nissan, Renault and Mitsubishi meet to hash out future
When the three leaders of the world’s top car-making alliance gather in Japan on Tuesday, they will be looking to secure a partnership that was built by former Nissan boss Carlos Ghosn and then possibly imperilled by his ouster.
U.S. Air Force resumes Boeing’s KC-46 tanker delivery
The U.S. Air Force said that a Boeing Co KC-46 Pegasus tanker jet was being delivered on Monday to Altus Air Force Base in Oklahoma.
Olympus whistleblower Woodford wins London pensions lawsuit
The former CEO of Olympus, who blew the whistle on a $1.7 billion accounting scandal at the Japanese medical equipment maker in 2011, has won a London court battle over alleged wrongdoing linked to his 64-million-pound ($85-million) pension.
Boeing CEO confident in 737 MAX safety after second deadly crash
Boeing Co’s top executive told employees on Monday he was confident in the safety of the U.S. manufacturer’s fastest-selling 737 MAX aircraft in the wake of two deadly crashes since October.
Ryanair CEO says no immediate action planned on 737 MAX orders
Ryanair is not planning to make any changes to the delivery of its first Boeing 737 MAX airplane next month in light of the crash of an Ethiopian Airlines jet, chief executive Michael O’Leary was quoted as saying on Monday.
Doomed with Democrats, Trump’s budget boosts Pentagon, targets safety net
President Donald Trump called on Monday for spending more U.S. taxpayer money on the military and a U.S.-Mexico border wall, while overhauling social safety-net programs in a budget plan likely to die in Congress but live on in his 2020 re-election cam…
Boeing shares, vanguard of the Dow, hit hard after second 737 MAX crash
Boeing Co shares tumbled more than 5 percent on Monday after China, Indonesia and Ethiopia ordered airlines to ground the aircraft maker’s best-selling line of jets after the second deadly crash of one of the planes in just five months.
U.S. senator calls on FAA to ground Boeing 737 MAX 8
Democratic U.S. Senator Dianne Feinstein on Monday urged the U.S. Federal Aviation Administration to ground Boeing’s 737 MAX 8 fleet after two fatal crashes since October.
Boeing CEO says confident in safety of 737 MAX after deadly crash
Boeing Co’s top executive told employees on Monday he was confident in the safety of the U.S. manufacturer’s top-selling 737 MAX single-aisle aircraft in the wake of two deadly crashes involving the new model of jetliner since October.
