Boeing Co said on Tuesday it handed over far fewer aircraft in the first quarter as the planemaker halted deliveries of its best-selling 737 MAX following the global grounding of the jets after two fatal crashes. Deliveries of the 737 planes fell to 89 in the first quarter from 132 a year earlier.
Delta Air Lines Inc Chief Executive Officer Ed Bastian said on Tuesday he was confident U.S. planemaker Boeing Co would resolve issues relating to its 737 MAX jet following two deadly crashes involving that type of aircraft.
Boeing Co said on Tuesday orders nearly halved in the first quarter and the planemaker handed over far fewer aircraft, as it struggled with the worldwide grounding of its best-selling 737 MAX jets following two fatal crashes.
U.S. chipmaker Qualcomm on Tuesday lost a court challenge against a demand for it to provide EU regulators with data in a long-running antitrust case.
London-based Standard Chartered PLC has agreed to pay U.S. and British authorities $1.1 billion over violations of sanctions on Iran and other countries, several government agencies said on Tuesday.
World No. 2 casino operator Wynn Resorts Ltd on Tuesday ended takeover discussions with Crown Resorts, citing a leak of the deal details, hours after confirming it was in talks to buy the Australian rival.
United Airlines’ use of larger aircraft on routes previously flown by Boeing Co’s grounded 737 MAX jets is costing the carrier money in the short-term, President Scott Kirby said in a letter to employees seen by Reuters on Tuesday.
London-based Standard Chartered PLC has agreed to pay $1.1 billion for sanctions-controls lapses, the U.S. Federal Reserve said.
U.S. President Donald Trump said on Tuesday the United States would impose tariffs on $11 billion worth of European Union products, heightening tensions over a long-running transatlantic aircraft subsidy dispute that threatens to become a broader trade battle.
Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will see the U.S. automaker cease its independent operations in the country, two sources with direct knowledge of the talks told Reuters.
U.S. casino operator Wynn Resorts Ltd said on Tuesday it terminated takeover discussions with Crown Resorts, hours after the companies confirmed that they were in talks for an acquisition of the Australian rival.
Oil slipped from a five-month high above $71 a barrel on Tuesday as Russian comments signaling the possible easing of a supply-cutting deal with OPEC countered concern that violence in Libya could further tighten global markets.
Billionaire Mike Ashley’s Sports Direct said it did not intend to make an offer to buy Debenhams after lenders took control of the ailing retailer on Tuesday.
American Airlines Group Inc on Tuesday trimmed its first-quarter forecast for unit revenue as it canceled hundreds of flights during the period, mainly due to the groundings of its 24 Boeing 737 MAX planes.
Casino operator Wynn Resorts Ltd said on Tuesday it terminated takeover discussions with Australia’s Crown Resorts.
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