No Picture
Trading Ideas

Exclusive – Airbus weighs new long-range A321 version in Boeing challenge

Airbus (AIR.PA) is considering bumping up the range of the most powerful version of its A321 passenger jet in the latest effort to pre-empt a potential new mid-market jet being studied by U.S. rival Boeing (BA.N), industry sources said. The A321XLR is designed to squeeze in extra range and may be targeted at North American carriers, whose ordering decisions could be decisive as Boeing weighs up whether to go ahead with plans for a new ‘middle-of-the-market’ aircraft. Noting that Airbus had 80 percent of sales in that category, the spokesman added, “We are under no pressure”. …read more […]

No Picture
Trading Ideas

Exclusive: Airbus weighs new long-range A321 version in Boeing challenge

Airbus is considering bumping up the range of the most powerful version of its A321 passenger jet in the latest effort to pre-empt a potential new mid-market jet being studied by U.S. rival Boeing, industry sources said. The A321XLR is designed to squeeze in extra range and may be targeted at North American carriers, whose ordering decisions could be decisive as Boeing weighs up whether to go ahead with plans for a new ‘middle-of-the-market’ aircraft. Noting that Airbus had 80 percent of sales in that category, the spokesman added, “We are under no pressure”. …read more […]

No Picture
Trading Ideas

Goldman sees tighter oil market on firm demand, keeps bullish view

“Our updated global supply-demand balance continues to point to further declines in inventories and higher oil prices in 2H18,” the bank said, reiterating its Brent price (LCOc1) forecast for a peak of $82.50 per barrel during the summer and a year-end estimate of $75. Oil prices on Monday extended last week’s losses, partly on expectations that top suppliers Saudi Arabia and Russia could increase production after withholding output since the start of 2017. The producer cartel of the Organisation of the Petroleum Exporting Countries (OPEC) and allies including Russia will meet in Vienna on June 22 to decide …read more […]

No Picture
Trading Ideas

With More Self-Driving Tech, Is Tesla Ruining What’s Best About the Model S?

Much of the endless stream of chatter surrounding Tesla lately has centered around topics other than what the company actually sells. There’s also much to discuss when dealing with Tesla’s financial health. Tesla may not have intended its up-to-seven-person sedan to be a car that makes you want to drag race at every stoplight, but that’s exactly what it is. …read more […]