Boeing Co said on Monday it won an order for 14 777 Freighters 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.
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.
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.
StormBreaker, Formerly called the Small Diameter Bomb II, enters the phase after completing a successful Operational Test Readiness Review in Spring 2018, Raytheon said. The bomb will be fielded first on the F-15E Strike Eagle, and is planned to be integrated onto the F-35 Joint Strike Fighter by 2022, Raytheon said. The StormBreaker tri-mode seeker uses imaging infrared, millimeter wave and semi-active laser, giving pilots the ability to destroy moving targets on the battlefield in adverse weather conditions from standoff ranges. …read more […]
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.
Jul.15 — If a widening trade war wasn’t enough to contend with, a global wave of policy tightening, strong oil prices and domestic politics are also weighing on growth prospects for Southeast Asian nations. Bloomberg’s Michelle Jamrisko reports on “Bloomberg Markets: Asia.” …read more […]
Jul.15 — China’s gross domestic product increased 6.7 percent in the second quarter from a year earlier, the same as forecast in a Bloomberg survey. Grace Ng, a China economist at JPMorgan Chase & Co. in Hong Kong, weighs in, and also discusses the trade dispute with the U.S. on “Bloomberg Markets: Asia” with Rishaad Salamat. …read more […]
Goldman Sachs Group Inc is expected to name David Solomon as its next chief executive officer early this week, the New York Times reported on Sunday.
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.
While Tesla’s Model 3 should be a safe car (this isn’t the company’s first …read more […]
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.
Jul.15 — Christopher Balding, associate professor at Peking University HSBC Business School and Bloomberg Opinion columnist, discusses the impact of the U.S. trade tariffs on the Chinese economy. He speaks on “Bloomberg Daybreak: Asia.” …read more […]
Aerospace firms Airbus (AIR.PA) and Boeing (BA.N) 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. The two rivals are expected to make several announcements on day one of the July 16-22 event, starting even before the gates open to tens of thousands of delegates, industry sources said. There may be an intense battle for sales in the 100-150-seat market where Airbus and Boeing have forged new alliances. …read more […]
Jul.15 — Andy Kapyrin, director of research at RegentAtlantic, talks about U.S. stocks, corporate earnings, the economy and Federal Reserve policy. He also discusses emerging-market stocks with Ramy Inocencio and Paul Allen on “Bloomberg Daybreak: Australia.” …read more […]
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.
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