EU Plans Retaliatory Tariffs on US Cars and Flights
American cars, airplanes and whisky are included on the EU Commission's list of the next package of retaliatory tariffs against the USA, reports Bloomberg.
Business
Boeing Settles with Canadian Man Over 737 Max Crash Tragedy
The American aircraft manufacturer Boeing has reached a settlement with a Canadian man whose wife and three children were killed when a 737 Max plane crashed in Ethiopia in 2019.
Business
EU Plans Tariffs on US Goods if Trump Maintains 10% Tariff
EU is planning for tariffs on goods imported from the USA, including Boeing aircraft, if President Donald Trump does not back down from his 10-percent tariff on everything from the EU.
Business
US Stock Market Indices Rise Amid Positive Inflation Report
Leading indices on the US stock exchanges rose on Thursday. The broad S&P 500 index increased by 0.4 percent, while Nasdaq's technology-heavy composite index and the Dow Jones industrial index both rose 0.2 percent.
Business
Boeing Settles for Billions to Avoid 737 Max Crash Trial
The US Department of Justice has reached a settlement with aircraft manufacturer Boeing regarding the criminal investigation of the crashes of the 737 Max-8 aircraft model.
Business
China Lifts Ban on Boeing Aircraft Deliveries
China has removed a month-long ban on deliveries of aircraft from the United States' Boeing, reports Bloomberg, citing sources.
BusinessTop news
US and UK Finalize First Trade Agreement Under Trump
A first trade agreement is in harbor for the USA and President Donald Trump. This with the United Kingdom as counterpart. Steel, aluminum, vehicles, and agricultural products are some goods that are included.
Business
Boeing's Loss Narrows as China Halts Aircraft Orders
Crisis-stricken Boeing's loss narrows, shows quarterly report. But tariffs pose a new threat. The CEO confirms that the Chinese have stopped earlier orders of new aircraft.
Business
Tariffs Fuel Soaring Aircraft Prices
The prices of new aircraft have been on the rise for several years, and now the US tariffs can further fuel the increases. It will only get worse, says John Persinos of Aircraft Value News.
Business
Trump Urges China to Initiate Trade Talks as Tensions Persist
USA's President Donald Trump is urging China to contact him to initiate negotiations to resolve the escalating trade conflict between the world's two largest economies, reports Bloomberg. At the same time, the progress for the EU's part in the same matter is small, according to reports.
Business
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Hug of relief as replacement capsule reaches ISS
The spacecraft with replacements for two stranded astronauts has docked with the international space station (ISS). Just before 7 am Swedish time, the airlock was opened, and the crew could, with hugs and cheers, welcome four new members.
World
Saab Robot to Ukraine – Again
A weapon manufactured by the defense company Saab and American Boeing is to be sent back to Ukraine after modification to counter Russian GPS disruption, reports the news agency Reuters.
World
Rescue of Stranded Astronauts Paused
The American Space X has been forced to postpone the launch of the spacecraft to the International Space Station (ISS) that is to bring home two stranded astronauts.
World
Unexpected hair focus when stranded astronauts are heading home
Butch Wilmore and Suni Williams would spend about a week in space. It became nine months. Now they will finally get to come home, says USA's President Donald Trump at a press conference – which got an unexpected focus on how the hairstyle fares in space.
World
Boeing issues profit warning – new loss on the way
American Boeing is reporting an unexpectedly large loss in a preliminary quarterly report. The consequences of the autumn's strike continue to weigh on the crisis-ridden aircraft manufacturer.
Business
Recording from the crash site in South Korea stopped
The black boxes found on board the crashed plane in South Korea ended their recordings just four minutes before it crashed. This is stated by South Korea's transport department.
World