Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world's largest planemakers as they arrive at this week's Paris Airshow with little to celebrate despite bulging order books.
Luckin's opportunity in China is "one of the world's greatest retail growth opportunities," according to KeyBanc Capital Markets.
The U.S. Navy expects additional U.S. and international orders for the Boeing P-8A Poseidon maritime patrol aircraft in coming months, which should extend production by two years to late 2025, a senior U.S. Navy official told Reuters.
China's investigation into FedEx Corp over misdirected mail should not be regarded as retaliation against the U.S. company, state news agency Xinhua said on Sunday, amid worsening relations between China and the United States.
Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker's new aircraft, according to industry sources and regulatory officials.
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its stagnant stock price.
Hong Kong leader Carrie Lam has delayed indefinitely a proposed law that would allow extraditions to mainland China, in a dramatic retreat after widespread anger over the bill sparked the biggest street protests in three decades.
Cracks have appeared in the support base for a proposed Hong Kong law to allow extraditions to China, with local media reporting the city's government will suspend the bill after widespread anger and violent protests.
Workers at Volkswagen AG's assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers' (UAW) efforts to unionize a foreign automaker's plant in the U.S. South.
Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, a source said.
A U.S. federal court on Friday granted American Airlines Group Inc's request to halt an alleged illegal slowdown by its mechanics' unions that the airline said had become "devastating" to its operations.
Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, Kyodo news reported on Friday, citing people close to the matter.
Workers at Volkswagen AG's assembly plant in Chattanooga, Tennessee, have voted against union representation, the German automaker and the United Auto Workers (UAW) union said on Friday.
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India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington's withdrawal of key trade privileges for New Delhi.