Britain to unveil model of new fighter jet, earmark funds: source
Britain’s Defence Minister Gavin Williamson will unveil a model of the country’s proposed new fighter jet at the Farnborough International Airshow and earmark 2 billion pounds ($2.65 billion) in funding for the project, a source said on Monday.
Boeing kickstarts air show with order for jets worth $4.7 billion
Boeing Co said on Monday it won an order for 14 freight aircraft for a value of $4.7 billion, firing the opening salvo against rival Airbus SE in a contest for business on day one of the Farnborough Airshow.
ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain
Investors on Monday cheered the lifting of a U.S. supplier ban on China’s ZTE Corp , pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business.
Rebates protect Canada’s auto industry from retaliatory tariffs
Canadian government customs provisions are expected to soften the blow on the country’s powerful automotive industry from retaliatory tariffs on U.S. steel, according to trade lawyers and industry leaders bracing for higher costs.
Asian shares fall on soft China data, trade war fears
Asian shares fell on Monday as new data showed China’s economy slowed slightly in the second quarter, compounded by fears of a full-scale Sino-U.S. trade war looming over markets.
Goldman to name David Solomon as CEO early this week: NYT
Goldman Sachs Group Inc is expected to name David Solomon as its next chief executive officer early this week, the New York Times reported https://www.nytimes.com/2018/07/15/business/goldman-sachs-david-solomon-lloyd-blankfein.html on Sunday.
Asian shares fall as China data points to slowing growth
Asian shares were lower on Monday after data from China showed the world’s second-largest economy slowed slightly in the second quarter, and as investors remain cautious over the impact of the heated Sino-U.S. trade war.
Asian shares edge lower as investors await China data
Asian shares were lower on Monday, brushing off the firmer Wall Street lead as investor caution dominated ahead of the release of key Chinese economic data, which is expected to show signs of a slowdown.
Planemakers to kickstart Farnborough jetliner order battle
Aerospace firms Airbus and Boeing will kickstart a contest for tens of billions of dollars of orders at the Farnborough Airshow on Monday, ensuring fireworks start early as they seek to bolster their already bulging order books.
Brazil’s Embraer sees demand for 10,550 smaller jets in next 20 years
Brazil’s Embraer sees demand for 10,550 new aircraft with a capacity of up to 150 seats in the next 20 years, worth around $600 billion, the planemaker said on Sunday.
