China’s HNA, COMAC sign deal for 200 C919, 100 ARJ21 jets
SHANGHAI (Reuters) – Chinese conglomerate HNA Group has agreed to purchase 200 C919 and 100 ARJ-21 planes from the Commercial Aircraft Corp of China Ltd (COMAC), the companies said on…
US and EU again at odds over Airbus subsidies at WTO
GENEVA (Reuters) – The European Union told the World Trade Organization’s dispute settlement body on Monday that it had acted within days of a WTO ruling to bring its funding…
U.S. launches auto import probe, China says will defend interests
WASHINGTON (Reuters) – The Trump administration has launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported…
Trump says U.S. may launch national security probe of vehicle imports
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he asked his commerce secretary to considering opening an investigation into the effect of vehicle imports on national security, a…
Russia’s VTB Bank says no longer lending to Deripaska: CNBC
MOSCOW (Reuters) – VTB (VTBR.MM), Russia’s second-largest bank, has stopped lending to sanctioned Russian metals tycoon Oleg Deripaska, VTB’s President Andrei Kostin told CNBC in an interview released on Wednesday.…
Boeing technicians in South Carolina to vote on unionization: WSJ
(Reuters) – Some Boeing Co (BA.N) workers at the planemaker’s factory in South Carolina will vote on union representation later this month, the Wall Street Journal reported on.wsj.com/2xav6Px on Monday,…
Rising oil prices help ground U.S. airline stocks; could make them cheap
NEW YORK (Reuters) – Shares of U.S. airlines have been depressed by rising oil prices this year, but their descent to relatively cheap levels could position them for takeoff. An…
Model 3 price hype helps Tesla shares bounce
(Reuters) – Shares in Tesla Inc (TSLA.O) jumped more than 4 percent on Monday as investors were encouraged by the company’s placing a $78,000 price tag on the fully-loaded version…
Exclusive: GE nears deal to merge transportation unit with Wabtec – sources
(Reuters) – General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp (WAB.N), a U.S. maker of equipment for the…
Trump urged U.S. Postal Service to double package rates for Amazon: Washington Post
WASHINGTON (Reuters) – President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington…