EU must approve Siemens/Alstom deal, says French finance minister
FILE PHOTO: French High Speed Train (TGV) made by French train maker Alstom stops next to a German High Speed Train (ICE) made by Siemens at Munich’s railway station June…
Airbus steps up pressure on suppliers over Canadian jet
MONTREAL (Reuters) – Europe’s Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with…
U.S. government shutdown holds up FAA approval of aircraft, routes
(Reuters) – Federal Aviation Administration (FAA) approval of aircraft such as Boeing’s (BA.N) MAX and new routes like Southwest Airline Co’s (LUV.N) Hawaii launch are on hold due to the…
GE drags premier U.S. corporate debt, which posts worst year since 2008
NEW YORK (Reuters) – The stock market’s gyrations have grabbed the year-end headlines, but another key financial market, investment-grade U.S. corporate debt, is turning in its worst yearly performance since…
U.S. oil edges up after tumbling to lowest since June 2017 on economy fears
SEOUL (Reuters) – Oil prices were mixed on Wednesday as the U.S. benchmark rebounded from steep losses in the previous session, even though concern over the health of the global…
Boeing CEO says hopeful U.S.-China on course to resolve trade dispute
FILE PHOTO – Dennis Muilenburg, CEO, Boeing speaks during a roundtable discussion on defense issues with U.S. President Donald Trump at Luke Air Force Base, Arizona, U.S., October 19, 2018.…
Brazil court blocks proposed Embraer-Boeing tie-up
The logo of Brazilian aviation company Embraer is seen during the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018.…
Merkel lauds G20 agreement on need for reform of world trade
German Chancellor Angela Merkel attends the plenary session at the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. G20 Argentina/Handout via REUTERS BERLIN (Reuters) – German Chancellor Angela…
United Technologies to separate into three companies
(Reuters) – United Technologies Corp (UTX.N) said on Monday it would separate into three companies consisting of its aerospace, elevators and building divisions, making it the latest industrial conglomerate to…
Pentagon report on Turkey’s F-35 program delivered to Congress
FILE PHOTO: A Lockheed Martin F-35 aircraft is seen at the ILA Air Show in Berlin, Germany, April 25, 2018. REUTERS/Axel Schmidt/File Photo BERLIN/WASHINGTON (Reuters) – The U.S. Defense Department…