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India weighs tougher rules for Boeing 737 MAX on return to flying: source

India is considering setting an experience threshold for pilots who fly Boeing’s 737 MAX planes, as it moves to ensure safety once the aircraft returns to service, a senior official of the air safety regulator told Reuters. The 737 MAX, the fastest-selling plane in the history of Boeing, has been grounded worldwide since March, after 346 people were killed in two crashes in five months. Boeing is making software changes, readying a new pilot training plan and must run a key certification test flight to get approval from the U.S. regulator, the Federal Aviation Administration (FAA), before …read more […]

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U.S. Proposes Duties on $2.4 Billion of French Goods Over Tech Tax

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. France’s government said the European Union would retaliate if the U.S. follows through on a threat to hit about $2.4 billion of French products with tariffs over a dispute concerning how large tech companies are taxed.“It’s not worthy of an ally, and it’s not the behavior we expect from the U.S. toward one of its main allies, France, and more generally, Europe,” French Finance Minister Bruno Le Maire said on Radio Classique on Tuesday. “If there were new U.S. sanctions, …read more […]