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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.
The meeting is Chinese President Xi Jinping's first Washington visit in a decade and caps a week of preparatory talks.
Talks between President Trump and China's leader Xi Jinping Thursday won't deliver breakthrough on AI chips and rare earths, Jefferies analysts said. The Trump administration's plans for a Board of Trade to oversee a reduction in tariffs across a range of products is "the single most possible deliverable" from talks, the analysts said.
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 Federal Aviation Administration’s rollback of emissions requirements for the legacy Boeing 777 will help mitigate tight capacity in the air cargo sector. The post U.S. emissions rollback on Boeing 777 freighter helps air logistics appeared first on FreightWaves.
The sluggish 737 Max production ramp raises fresh questions for investors.
Bank of America reiterates its Buy rating and price target on a popular plane maker even after its shares fell on its CEO’s warning.
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.
The talks are a turnaround for a ship that posed risks to crew members on a 2024 flight to the International Space Station.
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.
Investing.com -- Boeing (NYSE:BA) shares fell 6% Wednesday after President and Chief Executive Officer Kelly Ortberg spoke at the Morgan Stanley Laguna Conference, where he outlined several challenges facing the aerospace manufacturer.
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.
Boeing (BA) grew revenue faster over the past twelve months than any of its aerospace and defense peers, GE Aerospace included, and its stock still fell. It is also the only one in that group running an operating loss. The growth has come with rising airplane deliveries, and the market is waiting to see whether those airplanes earn a margin.
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
AeroVironment posted a Q1 revenue and earnings beat with record backlog, prompting Moderate Buy ratings from analysts and price targets implying significant upside from current levels.
Mahan Air, accused of ferrying weapons and military personnel, has kept its aging jets flying despite U.S. efforts to ground it.
NTSB Chairwoman said the Boeing jet careened 1,300 feet off the runway, hitting a van with seven people.
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?
Investing.com -- A Boeing 767-300 cargo aircraft carrying Amazon’s logo crashed near Miami International Airport on Sunday afternoon after overrunning the runway during landing.
The planemaker closed out its door plug enforcement case in January. The number tells you who was really in charge.
Joby Aviation (JOBY) trades near $6.82, after falling 49% over the past twelve months while the S&P 500 returned 20.5%. The company raised its full-year revenue outlook and the shares kept sliding. The market is repricing the bill that comes before the first paying passenger in one of its own aircraft.
The jet maker bought Spirit AeroSystems in December, and has since uncovered large liabilities it initially hadn’t identified.