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...The uncertainty clouding the Belfast plant is an unintended consequence of Boeing’s move to undo the ill-fated spin-off of its Wichita operations in 2005 to Canadian private equity group Onex, which listed...
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...The decision in 2022 to move the company’s headquarters from Chicago to Washington, DC prompted criticism from unions for taking management further away from Boeing’s main commercial aircraft factories in...
...Guyana is hoping for big benefits from the sale of millions of carbon credits linked to forest conservation....
...Monday Competition Law Forum director Liza Lovdahl Gormsen brings a £2.3bn claim for damages against Meta for infringing article 102 of the Treaty on the Functioning of the European Union Chris Weston...
...But it’s clearly America’s friend for the purposes of the likes of IRA tax credits, which it’s getting faster than the UK....
...this year) you’d imagine the global EV market was an Airbus-Boeing style transatlantic duel....
...Unlike aircraft subsidies, the context for the US’s electric vehicles tax credit is reducing dependence on China....
...While the union is not officially recognised by the company, a strike in January was a milestone for unions that have long struggled to gain a foothold in logistics...
...Monday Germany, monthly industrial production data Mexico, December consumer price index (CPI) inflation rate data US, monthly consumer credit figures Results: Tata Consultancy Services Q3 Tuesday...
...We have more banks this week, with a particular focus on the UK’s high street lenders, as well as earnings calls from both Credit Suisse and UBS....
...Airbus beat its US rival Boeing to become the world’s biggest jet maker for the fourth year in a row. The private jet business is still booming, as commercial airlines show signs of bouncing back....
...They include the long-running spat over subsidies for Airbus and defence contracts for Boeing that the EU considered unfair....
...Credit Suisse has promoted 183 people to managing director....
...The long-running dispute over subsidies for aircraft makers Airbus and Boeing was parked....
...Separately, the GMB union opens a strike ballot among 15,000 ambulance workers across 11 trusts in England and Wales in a dispute over pay....
...On the same day, in a separate dispute over pay, rail workers in the RMT union will walk out....
...Late on Friday, rating agency Fitch cut Aeroflot’s credit rating from BB to B-, predicting the sanctions would “severely disrupt its business”. Aeroflot declined to comment....
...Fitch and Moody’s also joined rival S&P Global in cutting Russia’s sovereign credit rating to junk....
...Credit Suisse asks investors to destroy documents Credit Suisse has asked investors to destroy documents relating to its richest clients’ yachts and private jets, in an attempt to stop information leaking...
...The exact timing is unclear, but we seem pretty close to a deal to fix the Airbus-Boeing dispute by defining and limiting acceptable state support....
...New versions of smaller Airbus planes could prove more popular than Boeing’s larger jets for low-cost carriers on Atlantic routes....
...The signal from the European Union Aviation Safety Agency removes a substantial barrier to the single aisle aircraft’s global return to service after two fatal crashes that killed 346 people....
...The Wichita, Kansas, supplier said Boeing instructed in a June 19 letter that for 2020, Spirit should make 72 aeroplane bodies with accompanying parts, instead of 125....
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