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US aviation titan sees opportunity to upgrade its fleet
BOEING Co CEO Dave Calhoun faces a multibillion-dollar dilemma over how to rebuild sales in its core airliner business that has sparked an internal debate and put the future of the largest US exporter on the line, industry insiders say.
NEW YORK: U.S. shares rebounded on Thursday after falling for three consecutive days and benchmark Treasury yields dipped, as investors snapped up stocks that would benefit from an economic recovery and shrugged off worries about rising prices, for now.
Planemaker’s board faces new investor showdown despite share rally
IF you think the ultimate reason the Suez Canal got blocked last week is because container ships are getting too big, get ready for the future.
Port Klang Authority general manager Capt K. Subramaniam said Port Klang and Port of Tanjung Pelepas were the only Malaysian ports receiving calls from Europe and the Mediterranean.
SINGAPORE: Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers in the Suez Canal.
KUALA LUMPUR: The FBM KLCI ended on the 1,600-point psychological level going into the lunch break as investors remained cautious over ongoing headwinds.
NEW YORK: Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week.