Business jet deliveries hit decade high in 2019, helped by new models
Business jet deliveries across the globe hit a decade high in 2019, the General Aviation Manufacturers Association (GAMA) said on Wednesday, helped by strong market demand for new models.
S&P 500, Nasdaq reach new heights on China stimulus hopes
The S&P 500 and the Nasdaq hit all-time highs on Wednesday as hopes that China would take more measures to prop up its economy eased worries about the impact of the coronavirus epidemic.
This revamp will be different, says HSBC boss; staff not so sure
Noel Quinn, the interim chief executive of HSBC , says this time things are going to be different.
Oil up 2.5% on slowing pace of coronavirus, U.S. move on Venezuela
Oil prices rose 2.5% on Wednesday as demand worries eased with a slowing of new coronavirus cases in China and supply curtailed by a U.S. move to cut more Venezuelan crude from the market.
French prosecutors step up Ghosn probe over palace party, Oman dealings
French prosecutors said on Wednesday they had assigned a judge to formally investigate various allegedly suspect financial dealings linked to Renault , which a judicial source said were related to the carmaker’s former boss Carlos Ghosn.
Airbus defense division plans to cut more than 2,300 jobs
The defense business of Airbus on Wednesday laid out plans to cut more than 2,300 jobs, citing a flat space market and postponed defense contracts.
Stocks scale fresh peaks on slowing virus, dollar gains
The dollar gained while several U.S. and European equity indexes scaled fresh peaks on Wednesday after China reported another decline in new coronavirus cases and on expectations of Chinese stimulus to counter a slowdown in growth.
Boeing heads to court to oppose release of 737 MAX documents
Boeing Co heads to court on Wednesday to dispute a request from lawyers representing victims of a 737 MAX crash for documents related to the aircraft’s design, development and two fatal disasters involving the now-grounded plane.
U.S. housing starts fall, building permits near 13-year high
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion in history on track.
S&P 500, Nasdaq scale new highs on China stimulus hopes, drop in new virus cases
The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy.
