Air Niugini delays delivery of four 737 MAX jets until at least 2024
Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co to delay the delivery of its four 737 MAX jets on order...
Mexican union suspends strike threat against Home Depot
A top Mexican trade union said on Monday it has suspended its threat to launch a strike at Home Depot stores across Mexico over labor...
Oil rises as Libya declares force majeure in oilfields
Oil prices rose to their highest in more than a week on Monday after two large crude production bases in Libya began shutting down amid...
Boeing seeks to borrow $10 billion or more amid 737 MAX crisis: source
Boeing Co is in talks with banks about borrowing $10 billion or more amid rising costs for the U.S. planemaker after two crashes involving its...
JPMorgan says ‘oui’ to Paris expansion post-Brexit
JPMorgan Chase & Co is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London...
AerCap CEO warns against panic discounts for Boeing 737 MAX jets
Owners of Boeing’s grounded 737 MAX jet must keep cool heads and avoid offering panic discounts on sale or lease prices to avoid undermining its...
No turning point in sight as IMF predicts sluggish global growth
Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the...
IMF cuts global growth forecasts as India falters, says bottom may be near
The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other emerging markets but said...
BBC’s Hall to step down ahead of crunch funding talks with British government
The BBC’s most powerful man will step down in six months to allow a new person to lead negotiations with Prime Minister Boris Johnson’s government...
Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.
Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into...