Garuda Indonesia’s chief executive said on Thursday there is a “possibility” the airline will cancel its orders of Boeing Co’s 737 MAXs, with the final decision depending on what the U.S. Federal Aviation Administration (FAA) does.
The black boxes from the crashed Ethiopian Airlines Boeing 737 MAX 8 arrived in Paris on Thursday but are not yet in the possession of France’s BEA air accident investigation agency, a BEA spokesman said.
Two black boxes from the Boeing 737 MAX airplane that crashed in Ethiopia were being taken to Paris for investigation, Ethiopian Airlines said, as regulators around the world awaited word on whether it was safe to resume flying the jets.
Asian shares stumbled on Thursday after Chinese data signaled further weakness in the world’s second-biggest economy while the pound eased off nine-month highs ahead of another Brexit vote.
Malaysia’s securities commission said on Thursday that it has issued a show-cause letter to Goldman Sachs, which is embroiled in multi-jurisdictional investigations into Malaysian state fund 1Malaysia Development Berhad (1MDB).
Portfolio manager Michael Kon began buying General Electric Co shares about a year ago and got more last fall after GE Chief Executive Larry Culp outlined plans to reboot the ailing power-plant unit.
Lufthansa forecast stable margins and revenue growth in the mid-single digits this year as it eyes cautious expansion in the busy summer months, minds costs and targets break even at its budget airline Eurowings.
An Ethiopian delegation led by the accident investigation bureau has flown the black boxes from the Ethiopia plane crash from Addis Ababa to Paris for investigation, Ethiopian Airlines said on Thursday.
Instagram is back up after suffering a partial outage for over several hours, the photo-sharing social network platform said in a tweet, but its parent Facebook Inc’s app still seemed to be down for some users across the globe.
Utility-scale solar power capacity is expected to grow by double digits globally in 2019 and 2020, driven by expansions in the United States, Europe, Middle East and China, U.S. bank Goldman Sachs said on Thursday.
U.S. federal prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world’s largest technology companies, the New York Times reported on Wednesday.
Portfolio manager Michael Kon began buying General Electric Co shares about a year ago and got more last fall after GE Chief Executive Larry Culp outlined plans to reboot the ailing power-plant unit.
U.S. farmers are gearing up to plant what could be their third-largest soybean crop ever despite failing to sell a mountain of beans from their last harvest due to a U.S.-China trade war that remains unresolved.
A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson & Johnson’s talcum-powder-based products caused her cancer.
Brookfield Asset Management Inc said on Wednesday it will buy most of Oaktree Capital Management in a roughly $4.8 billion deal, creating an alternative-asset manager that will challenge the likes of industry giant Blackstone Group.
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