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December 6, 2019

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Reuters - Business

Boeing says 737 MAX approval delays could hit production

Reuters
by Reuters03
SEATTLE (Reuters) – Significant additional regulatory requirements or delays in returning Boeing Co’s 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in an Oct. 18 letter released on Thursday. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked...
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Airbus faces delivery challenge, poised to win jet order race

Reuters
by Reuters01
PARIS (Reuters) – Airbus (AIR.PA) must hand a record number of aircraft to customers in December to meet delivery goals, company data showed on Thursday, and is all but certain of winning an annual order race against Boeing. FILE PHOTO: An Emirates Airline Airbus A380-800 takes off from Dubai International...
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Reuters - Business

Bombardier on track to meet 2019 Global 7500 business jet delivery targets: executive

Reuters
by Reuters04
FILE PHOTO: Bombardier’s Global 7500, the first business jet to have a queen-sized bed and hot shower, is shown during a media tour in Montreal, Quebec, Canada, December 19, 2018. Picture taken December 19, 2018. REUTERS/Christinne Muschi/File Photo (Reuters) – Canada’s Bombardier (BBDb.TO) will hit its 2019 delivery targets for...
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Reuters - Business

Ryanair CEO denies accusation of bullying former operations chief

Reuters
by Reuters03
DUBLIN (Reuters) – Ryanair (RYA.I) chief executive Michael O’Leary on Wednesday dismissed accusations that he bullied and forced out his former operations chief Peter Bellew, telling a court he was a highly paid professional who had failed to deliver. Ryanair’s Michael O’Leary walks at the Four Courts in Dublin after...
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Ryanair cuts planned capacity and jobs, blames 737 MAX delays

Reuters
by Reuters05
DUBLIN (Reuters) – Low-cost airline Ryanair (RYA.I) trimmed its passenger traffic forecast on Wednesday, saying it would cut summer capacity and an unspecified number of jobs as a result of further delays in returning Boeing’s (BA.N) grounded 737 Max aircraft to service. FILE PHOTO: A Ryanair Boeing 737-800 plane takes...
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Proper U.S.-China trade deal more important than timing: Wilbur Ross

Reuters
by Reuters04
(Reuters) – U.S. Commerce Secretary Wilbur Ross on Tuesday said it was more important to get a proper trade agreement with China than to get the deal done by this December or next December – after the 2020 presidential election. Ross told Reuters in an interview that the world’s two...
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Reuters - Business

France fights back over U.S. tariff threat to Champagne, cheese

Reuters
by Reuters05
PARIS/LONDON (Reuters) – France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs followed...
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Reuters - Business

France and EU say primed to retaliate over U.S. tariff threat

Reuters
by Reuters06
PARIS (Reuters) – France and the European Union said on Tuesday they are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs came...
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Reuters - Business

France says primed to retaliate with EU over U.S. tariff threat against Paris

Reuters
by Reuters06
PARIS (Reuters) – France and the European Union are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on $2.4 billion in imports of champagne, handbags and other French products, the French government said on Tuesday. FILE PHOTO: French Finance...
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Reuters - Business

France and EU ready to fight back over U.S. tariff threat, ministers say

Reuters
by Reuters010
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....
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Reuters - Business

France and EU ready to fight back over U.S. tariff threat: French ministers

Reuters
by Reuters09
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday....
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Reuters - Business

U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

Reuters
by Reuters05
FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Monday said it saw no basis in Monday’s World Trade Organization report that would justify reducing...
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Reuters - Business

U.S. may increase tariffs after WTO rejects EU claims over Airbus

Reuters
by Reuters014
PARIS/BRUSSELS (Reuters) – The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus (AIR.PA), prompting the United States to say it could increase retaliatory tariffs on a wider range of European goods. Christian Scherer, Airbus Chief Commercial Officer, speaks during a...
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Reuters - Business

WTO rejects EU bid to stop U.S. tariffs over Airbus

Reuters
by Reuters07
PARIS/BRUSSELS (Reuters) – The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus (AIR.PA), underscoring tariffs recently imposed by the United States on European goods. Christian Scherer, Airbus Chief Commercial Officer, speaks during a news conference for the delivery of the...
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Reuters - Business

EU fails to block U.S. tariffs in new WTO aircraft ruling: sources

Reuters
by Reuters03
PARIS/BRUSSELS (Reuters) – The World Trade Organization has found that the European Union has failed to withdraw all subsidies to planemaker Airbus (AIR.PA) amid U.S. tariffs on European goods, three people familiar with the matter said. Christian Scherer, Airbus Chief Commercial Officer, speaks during a news conference for the delivery...
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Reuters - Business

WTO finds Airbus still receives some EU subsidies – sources

Reuters
by Reuters04
Christian Scherer, Airbus Chief Commercial Officer, speaks during a news conference for the delivery of the first Fiji Airways A350 XWB airliner at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau PARIS/BRUSSELS (Reuters) – The World Trade Organization has found that the...
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Reuters - Business

Airbus dismisses 16 employees in German compliance investigation

Reuters
by Reuters08
FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau/File Photo FRANKFURT (Reuters) – Airbus (AIR.PA) has dismissed 16 employees without notice in relation to an investigation into the potential misuse of client documents, a...
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Reuters - Business

Nokia says working to end patent licensing row with Daimler, others

Reuters
by Reuters04
BRUSSELS (Reuters) – Nokia (NOKIA.HE) said on Friday it was working to end a row with Germany’s Daimler (DAIGn.DE) and other firms which have complained to the EU antitrust regulators about the level of fees charged for technology patents from the Finnish company. FILE PHOTO: Visitors gather outside the Nokia...
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Reuters - Business

Boeing 777X fuselage split during September stress test

Reuters
by Reuters08
SEATTLE (Reuters) – The fuselage of Boeing Co’s (BA.N) upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, Boeing said on Wednesday. FILE PHOTO: Several Boeing 777X aircraft are seen in various stages of production during...
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Reuters - Business

International stocks to outperform U.S. in 2020: investors

Reuters
by Reuters09
NEW YORK (Reuters) – Even though the U.S. stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25% for the year, investors appear to be looking elsewhere for better values in the year ahead. FILE PHOTO: Traders work on the floor at the...
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