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Home2018

Year: 2018

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Business News

Air Lease, Boeing strike $9.6 billion deal for 737s and 787s

July 17, 2018 admin Comments Off on Air Lease, Boeing strike $9.6 billion deal for 737s and 787s

U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order as many as 78 Boeing Co single-aisle and wide-body airplanes in a deal valued at $9.6 billion at list prices.

…read more […]

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Business News

Johnson & Johnson lowers full-year sales forecast, shares fall

July 17, 2018 admin Comments Off on Johnson & Johnson lowers full-year sales forecast, shares fall

Johnson & Johnson lowered its sales forecast for 2018 on Tuesday, citing a strengthening dollar.

…read more […]

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Business News

Air Lease announces order for 75 Boeing 737s, 3 787-9 widebodies

July 17, 2018 admin Comments Off on Air Lease announces order for 75 Boeing 737s, 3 787-9 widebodies

U.S. airplane leasing firm Air Lease Corp announced on Tuesday a commitment to order 75 Boeing 737 MAX single-aisle aircraft and three 787-9 widebodies.

…read more […]

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Business News

Johnson & Johnson’s quarterly profit rises 3.3 percent

July 17, 2018 admin Comments Off on Johnson & Johnson’s quarterly profit rises 3.3 percent

Johnson & Johnson reported a 3.3 percent rise in quarterly profit on Tuesday, as higher sales of cancer drugs Zytiga and Darzalex helped offset pressure on its blockbuster rheumatoid arthritis treatment Remicade.

…read more […]

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Business News

Exclusive: Kenya’s Safaricom in ‘advanced talks’ to take M-Pesa to Ethiopia

July 17, 2018 admin Comments Off on Exclusive: Kenya’s Safaricom in ‘advanced talks’ to take M-Pesa to Ethiopia

Kenya’s Safaricom is in “advanced talks” with the Ethiopian government to introduce its popular M-Pesa mobile money service to neighboring Ethiopia, a market of 100 million people, two sources said on Tuesday.

…read more […]

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Business News

Boeing lifts industry demand forecast as air show deals roll on

July 17, 2018 admin Comments Off on Boeing lifts industry demand forecast as air show deals roll on

Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry’s resilience to rising global trade tensions.

…read more […]

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Business News

BAE says aim is for international partners to join UK fighter project in 2019

July 17, 2018 admin Comments Off on BAE says aim is for international partners to join UK fighter project in 2019

The chief executive of BAE Systems said the aim was to bring in international partners to help develop Britain’s new fighter jet by the end of 2019.

…read more […]

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Thyssenkrupp leadership vacuum fuels restructuring hopes

July 17, 2018 admin Comments Off on Thyssenkrupp leadership vacuum fuels restructuring hopes

Thyssenkrupp shares bounced 8 percent on Tuesday, lifted by hopes of a deeper restructuring of the German submarines-to-elevators conglomerate after the chairman resigned, leaving the company in a leadership crisis.

…read more […]

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Japan’s regional jet not flying so high after air show prang

July 17, 2018 admin Comments Off on Japan’s regional jet not flying so high after air show prang

Japan’s efforts to show off its new regional jet, the MRJ, were dealt another setback on Tuesday after a prang forced it to skip a flying display at the Farnborough Airshow.

…read more […]

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UnitedHealth tops earnings estimates, raises forecast

July 17, 2018 admin Comments Off on UnitedHealth tops earnings estimates, raises forecast

UnitedHealth Group Inc posted a second-quarter profit that beat Wall Street estimates as it added more members to its health plans, and the company raised its full-year earnings forecast.

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Business News

Boeing lifts industry demand forecast as air show deals role on

July 17, 2018 admin Comments Off on Boeing lifts industry demand forecast as air show deals role on

Boeing raised its rolling 20-year industry forecast for passenger and cargo aircraft on Tuesday, as a steady flow of deals on day two of the Farnborough Airshow underscored the industry’s resilience to rising global trade tensions.

…read more […]

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Business News

Eurofighter eyes ‘hundreds’ of additional sales

July 17, 2018 admin Comments Off on Eurofighter eyes ‘hundreds’ of additional sales

The sales chief of Eurofighter said he was confident the four-country consortium could sell “several hundred” more aircraft in coming years, given rising military spending and ongoing competitions.

…read more […]

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Business News

World stocks ride out oil rout as focus turns to Fed

July 17, 2018 admin Comments Off on World stocks ride out oil rout as focus turns to Fed

World stocks recovered some ground on Tuesday as oil prices stabilised, while the dollar edged lower and most other markets were subdued before Federal Reserve Chair Jerome Powell testifies to the U.S. Congress.

…read more […]

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Business News

After reprieve, Britain’s May faces Brexit battle in parliament on trade

July 17, 2018 admin Comments Off on After reprieve, Britain’s May faces Brexit battle in parliament on trade

British Prime Minister Theresa May faces a battle over trade in parliament on Tuesday, with pro-EU lawmakers hoping to influence her plans to leave the European Union a day after she bowed to demands from Brexit campaigners.

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Business News

ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo: source

July 17, 2018 admin Comments Off on ICBC behind ‘unidentified’ provisional $9 billion order for 80 Airbus A320neo: source

China’s ICBC Leasing has emerged as the major financier behind a provisional $8.8 billion order at list prices for 80 Airbus A320neo single-aisle jets, a person familiar with the matter said.

…read more […]

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