American Airlines CEO says ‘highly likely’ Boeing 737 MAX will fly by September
American Airlines Group Inc Chief Executive Doug Parker said it was “highly likely” that the grounded Boeing Co 737 MAX would be flying by Sept....
FAA says has no timetable for Boeing 737 MAX’s return to service
The Federal Aviation Administration said on Wednesday it does not have a specific timetable on when Boeing Co’s troubled 737 MAX jet would return to...
Shares snap seven-day hot streak; U.S. inflation feeds Fed bets
World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while a...
Wall Street set to open lower as trade tensions weigh
Wall Street was set to open slightly lower on Wednesday as worries of a protracted U.S.-China trade war was heightened by Washington’s tough stance, but...
U.S. consumer prices barely rise; underlying inflation muted
U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy could increase pressure on the Federal Reserve to...
Ford Motor opens research center in Tel Aviv
Ford Motor Co on Wednesday opened a research center in Tel Aviv, joining a growing number of major automakers and suppliers setting up shop in...
BAT warns of steeper declines in cigarette sales, shares slip
British American Tobacco (BAT), the world’s No. 2 tobacco company, on Wednesday warned of steeper declines in cigarette sales globally mainly due to waning demand...
Exclusive: Renault chairman weakened as Macron snubs meeting
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government’s interference at the carmaker,...
Reckitt picks PepsiCo exec as CEO, going outside for first time
Consumer goods group Reckitt Benckiser has picked PepsiCo executive Laxman Narasimhan as its next chief executive, becoming the latest industry heavyweight to turn to a...
Shares snap seven-day hot streak; U.S. inflation next hurdle
World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an...