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...American Airlines ordered another 85 A321 neos from Boeing’s rival Airbus, and 90 E175 aircraft from Brazilian aerospace company Embraer....
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...S&P Global Ratings has made a hefty revision to its US economic forecast, citing a bigger than expected expansion at the end of last year and a labour market that looks more solid than a month ago....
...Others in the industry say Embraer will be cautious about taking on the two giants of aviation....
...The S&P 500 was headed for a record closing high as traders assessed US inflation data that unexpectedly increased last month....
...The S&P 500 closed at record high for the second session in a row after Federal Reserve officials maintained projections to cut interest rates by 0.75 percentage points this year....
...One reason for the modest outlook, Buffett writes, is that his company is so big now — 6 per cent of the S&P 500’s total shareholders’ equity — that there are no companies in the US or abroad that are (a...
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