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Boeing, Jackson Square reach firm agreement for 30 737 MAX 8 aircraft
Boeing Co and U.S. aircraft leasing firm Jackson Square Aviation said on Monday they had reached a firm agreement over the purchase of 30 737 MAX 8 aircraft.
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Goshawk Aviation near deal to order around 20 Boeing 737 MAX aircraft: sources
Leasing company Goshawk Aviation is near a deal to place an order for around 20 Boeing 737 MAX aircraft, worth $2.3 billion at list prices, industry sources said.
Business News
Stocks rise as earning expectations beat China growth fears
European stock markets inched higher on Monday as expectations for a flurry of bumper corporate earnings and merger speculation outweighed fears about the escalating trade conflict between Beijing and Washington.
Business News
Britain to unveil model of planned new fighter jet: source
Britain’s Defence Minister Gavin Williamson will unveil a model of the country’s proposed new fighter jet at the Farnborough Airshow and earmark 2 billion pounds ($2.7 billion) in funding for the project, a source close to the matter said on Monday.
Business News
Typhoon order outlook as good as it’s been for some time: BAE CEO
The outlook for export orders of the Typhoon fighter jet is as good as it’s been for quite some time, with demand coming from the Middle East and Europe, the boss of BAE said.
Business News
GE Aviation CEO says changes at GE no constraint for his business
The overhaul at U.S. industrial giant General Electric Co is not a constraint for its aviation arm, “in fact I feel it’s the very opposite,” the head of GE Aviation said on Monday.
Business News
Typhoon order outlook as good as it’s been for some time: BAE CEO
The outlook for export orders of the Typhoon fighter jet is as good as it’s been for quite some time, with demand coming from the Middle East and Europe, the boss of BAE said.
Business News
Goldman to formally name David Solomon next CEO early this week: NYT
Goldman Sachs Group Inc is expected to name its president, David Solomon, its next chief executive officer early this week, the New York Times reported https://www.nytimes.com/2018/07/15/business/goldman-sachs-david-solomon-lloyd-blankfein.html on Sunday.
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The British diver from the Thai cave rescue that Elon Musk called a 'pedo' is considering suing the billionaire
A British diver involved in the Thai cave rescue mission has indicated he could sue Elon Musk for defamatory comments. A British diver involved in the Thai cave rescue has said he is considering suing Elon Musk for describing him as a “pedo”. …read more […]
Business News
Britain to unveil model of new fighter jet, earmark funds: source
Britain’s Defence Minister Gavin Williamson will unveil a model of the country’s proposed new fighter jet at the Farnborough International Airshow and earmark 2 billion pounds ($2.65 billion) in funding for the project, a source said on Monday.
Business News
Boeing kickstarts air show with order for jets worth $4.7 billion
Boeing Co said on Monday it won an order for 14 777 Freighters for a value of $4.7 billion, firing the opening salvo against rival Airbus SE in a contest for business on day one of the Farnborough Airshow.
Business News
ZTE stock surges as U.S. supplier ban lifted though outlook remains uncertain
Investors on Monday cheered the lifting of a U.S. supplier ban on China’s ZTE Corp , pushing its shares up 17 percent, though analysts cautioned the telecommunications equipment maker still faced many challenges as it works to revive its business.
Business News
Rebates protect Canada’s auto industry from retaliatory tariffs
Canadian government customs provisions are expected to soften the blow on the country’s powerful automotive industry from retaliatory tariffs on U.S. steel, according to trade lawyers and industry leaders bracing for higher costs.
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Raytheon’s StormBreaker bomb enters operational testing phase
StormBreaker, Formerly called the Small Diameter Bomb II, enters the phase after completing a successful Operational Test Readiness Review in Spring 2018, Raytheon said. The bomb will be fielded first on the F-15E Strike Eagle, and is planned to be integrated onto the F-35 Joint Strike Fighter by 2022, Raytheon said. The StormBreaker tri-mode seeker uses imaging infrared, millimeter wave and semi-active laser, giving pilots the ability to destroy moving targets on the battlefield in adverse weather conditions from standoff ranges. …read more […]
Business News
Asian shares fall on soft China data, trade war fears
Asian shares fell on Monday as new data showed China’s economy slowed slightly in the second quarter, compounded by fears of a full-scale Sino-U.S. trade war looming over markets.