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The Wisk, Insitu and SkyGrid acquisition still needs other regulatory approvals before a year-end close
A look at the day ahead in European and global markets from Rocky Swift With the effects of surging oil prices cascading through markets and supply chains, diplomatic efforts to settle simmering trade
SEATTLE, Sept 23 (Reuters) - Hopes for a new China commitment to buy Boeing planes are sinking ahead of a Thursday summit between the US and Chinese presidents, two people briefed on the matter said on Wednesday, with negotiations still in flux. The planemaker instead is trying to finalize a May deal for China to buy 200 planes, rather than earlier hopes of securing new commitments for hundreds more jets, the people said on condition of anonymity because the talks are private.
When Trump meets Xi this week, a tariff truce set to expire in November turns a state visit into a live portfolio event, and two giant S&P 500 stocks sitting on opposite sides of the China trade stand to move in very different ways.
President Donald Trump and China’s Xi Jinping are seeking stability as investors watch for progress on tariffs, trade deals, AI and Taiwan.
WASHINGTON, Sept 22 (Reuters) - Boeing's drone subsidiary Insitu and aviation Wi-Fi provider Gogo have successfully tested a military drone using satellite communications, the companies said on Tuesday, underscoring growing efforts by governments and defense firms to reduce reliance on Elon Musk's Starlink. Gogo Special Missions, the military and government arm of Gogo, and Insitu integrated a modified version of Gogo's Galileo HDX antenna onto Insitu's Integrator drone, a mid-sized uncrewed
The sluggish 737 Max production ramp raises fresh questions for investors.
US equity investors are expected to look out for Fed speak, purchasing managers' indexes, and Iran g
Investing.com -- U.S. President Donald Trump and Chinese President Xi Jinping are set to meet in Washington on Sept. 24, with trade, tariffs, Taiwan, the Iran war, and artificial intelligence among the main issues expected to shape their second meeting this year, Reuters reported.
Korean Air just signed a $36.2 billion Boeing commitment stretching well into the next decade, but a record backlog and blockbuster headline numbers tell only part of the story for a manufacturer still racing to prove it can actually deliver.
Boeing is still pumping out more passenger planes than a year ago, but executives warned that a handful of threats loom on the horizon. "We are not stable yet at 47 a month," Ortberg said at an investor conference Wednesday. Regulatory work on the troubled 777X model could also "spill into next year" due to engine certification issues, Ortberg said.
Soaring oil prices are hurting shares of once high-flying aviation suppliers, with engine maker GE Aerospace suffering the brunt of the selloff. Its shares were down about 3% midday at $308.50, extending a nearly weeklong slump for the manufacturer.
By Tim Hepher COPENHAGEN, Sept 15 (Reuters) - Boeing is close to finalising a delayed order for 150 of its 737 MAX jets after Turkish Airlines threatened to walk away from the high-profile deal in a
Mahan Air, accused of ferrying weapons and military personnel, has kept its aging jets flying despite U.S. efforts to ground it.
President Trump's latest federal financial disclosure reveals that his team bought shares of Boeing the same day the company won a huge government contract. Is this a conflict of interest, or just a big coincidence?
The planemaker closed out its door plug enforcement case in January. The number tells you who was really in charge.
The jet maker bought Spirit AeroSystems in December, and has since uncovered large liabilities it initially hadn’t identified.
Sept 2 (Reuters) - Boeing paid a $3.1 million fine to the Federal Aviation Administration earlier this year after the agency said the planemaker had committed a series of safety violations, including
The leader guided the EV maker through its IPO and raised billions but her sudden exit signals a massive shift in where Wall Street’s top talent is heading.
Toronto Dominion Bank (NYSE:TD) reported record third-quarter earnings, citing revenue growth across its Canadian businesses, Wholesale Banking and improving momentum in U.S. Banking, while management raised confidence that full-year credit losses will land near the low end of its prior guidance ran
Boeing (BA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Boeing clinched a multiyear contract worth up to $131 billion to serve the U.S. Air Force's F-15 program, offering the plane maker a rich opportunity to grow its defense business over the next decade. The contract announced yesterday covers potential payments for upgrades, retrofits and maintenance work across F-15 fleets in the U.S. and with foreign buyers including Japan, Israel and Saudi Arabia. The exact quantity of jets on order and the delivery schedule still need to be worked out.
Aug 24 (Reuters) - The U.S.
SpaceX, trading at 93 times next year’s estimated earnings, seems hardly the stock to unite both short-term-focused hedge-fund managers and more long-term-oriented mutual-fund managers.
The Society of Professional Engineering Employees in Aerospace voted to allow the union’s negotiation team to authorize a strike.
Investing.com -- A Spanish F/A-18 fighter jet operating under NATO’s air-policing mission shot down a drone that entered Romanian airspace without authorisation early on Sunday, Reuters reported, citing Romania’s defence ministry.
Hengli is accused by the U.S. of being a major importer of illicit Iranian crude; the Chinese petrochemical company denies trading with Iran.
