The United States told international carriers on Monday that the Boeing 737 MAX 8 is airworthy as regulators scrutinize two fatal crashes of the new model of aircraft since October, but said it will mandate forthcoming “design changes” from Boeing by April.
The pound jumped on Tuesday and Asian shares rose after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement.
Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC.
Mexican airline Aeromexico said on Monday it had suspended the operation of its six Boeing 737 MAX 8 planes until it had clear information about the investigation into the crash of an Ethiopian Airlines jet on Sunday.
Oil prices rose on Tuesday, lifted by output cuts led by producer group OPEC as well as healthy demand, although analysts said economic headwinds posed downside risks to crude markets.
When the three leaders of the world’s top car-making alliance gather in Japan on Tuesday, they will be looking to secure a partnership that was built by former Nissan boss Carlos Ghosn and then possibly imperiled by his ouster.
Special Counsel Robert Mueller and the team he assembled to investigate U.S. President Donald Trump and his associates have been funded through the end of September 2019, three U.S. officials said on Monday, an indication that the probe has funding to keep it going for months if need be.
Levi Strauss & Co hopes to sell $587 million worth of shares in an upcoming return to the stock market after three decades, which would value the inventor of blue jeans at $6.17 billion and give it a potful of cash to invest in broadening its product range.
The former CEO of Olympus, who blew the whistle on a $1.7 billion accounting scandal at the Japanese medical equipment maker in 2011, has won a London court battle over alleged wrongdoing linked to his 64-million-pound ($85-million) pension.
Ryanair is not planning to make any changes to the delivery of its first Boeing 737 MAX airplane next month in light of the crash of an Ethiopian Airlines jet, chief executive Michael O’Leary was quoted as saying on Monday.
President Donald Trump called on Monday for spending more U.S. taxpayer money on the military and a U.S.-Mexico border wall, while overhauling social safety-net programs in a budget plan likely to die in Congress but live on in his 2020 re-election campaign.
Boeing Co’s top executive told employees on Monday he was confident in the safety of the U.S. manufacturer’s fastest-selling 737 MAX aircraft in the wake of two deadly crashes since October.
Boeing Co shares tumbled more than 5 percent on Monday after China, Indonesia and Ethiopia ordered airlines to ground the aircraft maker’s best-selling line of jets after the second deadly crash of one of the planes in just five months.
The United States told airlines it was safe to fly 737 MAX 8 planes on Monday as investigators found two black box recorders that will help piece together the final moments of an Ethiopian Airlines jet before it plunged to the ground on Sunday.
Democratic U.S. Senator Dianne Feinstein on Monday urged the U.S. Federal Aviation Administration to ground Boeing’s 737 MAX 8 fleet after two fatal crashes since October.
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