Foreign business news in brief


SEATTLE: Boeing Co has resumed development of a long-haul jetliner that had been mothballed after the Sept 11, 2001, terror attacks on the United States. 

The new jet – 777-200LR – would be able to fly more than 9,100 nautical miles or nearly 17,000km for non-stop trips such as Singapore to New York, Dallas to Hong Kong, Mumbai to Los Angeles, and Chicago to Sydney, Boeing said. Commercial production of the new aircraft should begin in October next year, it added. – Reuters 

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