Boeing frustrated with delays in U.S. approvals for Gulf fighter sales
DUBAI (Reuters) – Boeing Co is “a little frustrated” with delays in getting U.S. government approvals for fighter jet sales to countries in the Gulf region, but hopes to see movement on those deals early next year, a senior Boeing executive said on Mon…
Boeing partners with Tata to build Apache fuselages in India
DUBAI (Reuters) – Boeing Co said on Monday it will enter a joint venture partnership with India’s Tata Advanced Systems (TASL) to build fuselages for the AH-64 Apache attack helicopter in India.
Boeing partners with Tata to build Apache fuselages in India
DUBAI (Reuters) – Boeing Co said on Monday it will enter a joint venture partnership with India’s Tata Advanced Systems (TASL) to build fuselages for the AH-64 Apache attack helicopter in India.
General Motors’ stock has 40 percent return potential: Barron’s
NEW YORK (Reuters) – Shares in General Motors Co could return as much a 40 percent, including a 5 percent dividend yield, a year from now when investors start to focus on 2017 per share earnings of $6, according to financial weekly Barron’s on Sunday.
Weyerhaeuser to buy Plum Creek, creating $23 billion timber company
NEW YORK (Reuters) – Weyerhaeuser Co will purchase Plum Creek Timber Co Inc in a deal announced on Sunday that the two companies said would create a $23 billion timber, land and forest products company, the largest in the United States.
Dubai Airshow opens amid drop in new jetliner orders
DUBAI (Reuters) – After three years of record jetliner orders, planemakers are bracing for a slowdown in new commitments at the Dubai Airshow which opens on Sunday under the shadow of recently falling oil prices and conflicts in the Middle East.
Jaguar Land Rover plans to cut costs by 4.5 billion pounds: Sunday Times
(Reuters) – British luxury carmaker Jaguar Land Rover (JLR) has launched a secret project to cut costs of 4.5 billion pounds ($6.8 billion) and build 1 million cars per year by the end of the decade, the Sunday Times reported.
Bombardier sees new CS100 jet certified by year end
DUBAI (Reuters) – Canadian planemaker Bombardier said on Sunday it is on track to certify its new CS100 regional jet, which is making its Middle Eastern debut at the Dubai Airshow this week, before its planned entry into service next year.
Snapchat’s daily video views triple to 6 billion: report
NEW YORK (Reuters) – The number of videos viewed each day on Snapchat has tripled since May to 6 billion as the messaging app closes the gap with social media giant Facebook Inc, according to a report in the Financial Times that cites people close to t…
Lufthansa to cancel 929 flights due to strike on Monday
FRANKFURT (Reuters) – Lufthansa said on Sunday it would cancel 929 flights affecting 113,000 passengers because of a cabin crew strike on Monday, after a union announced a walk-out at three of the German airline’s major airports for almost the entire d…
