Boeing Financial News

Investing.com — European stock markets traded in a mixed fashion Tuesday, with investors digesting U.K. jobs and Spanish inflation data ahead of the latest policy-setting meeting by the European Central Bank later in the week.

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By Andy Bruce and David Milliken

A look at the day ahead in European and global markets from Kevin Buckland

Justin Trudeau and his delegation are facing travel disruptions in India as their official aircraft developed technical issues, leaving them stranded in Delhi. The situation is causing uncertainty and may result in Trudeau's return to Canada being delayed. The 30-year-old aircraft, an Airbus A310, was scheduled to transport Trudeau and his team back to Canada from Delhi on Sunday night.

HANOI (Reuters) — Vietnam's VietJet said on Tuesday it will take delivery of up to 12 737 MAX jets next year, out of 200 planes it has ordered with Boeing (NYSE:BA).

Joe Biden's visit to Vietnam weighed in at over 2,600 words. The section on human rights contained just 112 words, including a sub-heading. From business and strategic perspectives, Biden's visit to Vietnam on Sunday and Monday, and also to India late last week, will likely be seen as bolstering ties with countries that can help Washington counter China's growing might. But for rights advocates, Biden's travels were a disappointment, given his administration's vow to prioritize human rights when taking office in 2021. In Hanoi, Biden said the U.S.

₹62.5 crore to Kalanithi Maran on Monday, and is planning to clear the remaining ₹37.5 crore within a day, to comply with a 24 August Delhi high court order in connection with the arbitral award. In a separate development earlier in the day, the Supreme Court ordered the debt laden airline to settle dues to Credit Suisse by 22 September. The SC also warned SpiceJet and its promoter Ajay Singh, for not complying with its order in the case of defaults to Credit Suisse.

For Boeing’s senior executives, returning to the office has been a smooth flight. Chief Executive David Calhoun, who took over the company just before the pandemic, started working from home and then never made the move when Boeing shifted its headquarters from Chicago to Arlington, Va., last year. Instead, Calhoun travels via private jet from two homes, one a sprawling waterfront house at New Hampshire’s Lake Sunapee, the other in a gated South Carolina resort community.

₹62.5 crore out of the due of ₹100 crore to Sun Group chairman Kalanithi Maran in connection with the arbitral award execution. The airline plans to pay the remaining ₹37.5 crore to Maran today or latest by tomorrow, depending on banking hours. SpiceJet wrote a cheque of ₹37.5 crore in the court, but Maran's side declined it and requested SpiceJet to transfer the amount via RTGS.

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White House said on Monday that Vietnam Airlines' deal to buy 50 737 Max jets from U.S. planemaker Boeing is worth $7.8 billion. The statement confirms the deal value that Reuters had reported on Sunday, citing a source.

LONDON — The Bank of England's rapid pace of bond sales is creating a «selling gold at the bottom» moment for investors, according to Christopher Mahon, head of dynamic real return at Columbia Threadneedle.

HANOI (Reuters) — The United States and Vietnam announced new deals and partnerships as U.S. President Joe Biden visited Hanoi on Sunday including billions of dollars in plane orders, heightened human rights discussions, digital economy education and semiconductor design centers.

By Nandita Bose, Francesco Guarascio and Trevor Hunnicutt

Boeing 737 Max jets in a deal valued at about $7.5 billion, a person familiar with the talks told Reuters on Sunday. Wording of the impending deal, which confirms a Reuters report from last week, comes as U.S. President Joe Biden visits Hanoi to boost ties with the former foe. Boeing and Vietnam Airlines did not immediately respond to requests for comment. The deal would be worth up to $7 billion at list prices, and usually companies that buy in bulk get discounts, but the person familiar with the talks did not comment on this. Boeing has a deal with Vietnam Airlines' rival VietJet for the sale of 200 of its 737 MAX planes. Vietnam was the world's fifth fastest-growing aviation market in 2022 when it lifted COVID-19 travel restrictions, according to the International Air Transport Association (IATA), which predicts the country will serve 150 million air transport passengers by 2035. Boeing 737 Max jets were grounded worldwide for months after two fatal crashes in Indonesia and Ethiopia in 2018 and 2019.

digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday in Hanoi as President Joe Biden visits Vietnam to boost ties, two people familiar with the plan said. The meeting, which is still being arranged, would confirm U.S. plans to boost Vietnam's global role in different segments of chipmaking, as part of Washington's broader strategy to reduce the sector's exposure to China-linked risks, including trade restrictions and tensions over Taiwan.

Inflation expectations in five to 10 years' time marginally rose to 3.3% from 3.2% in July, the survey by U.S. bank Citi and polling firm YouGov showed. Public expectations for inflation in 12 months' time increased to 4.4% from 4.3%. The BoE is widely expected to raise interest rates for the 15th time in a row on Sept.

LONDON (Reuters) — The British public's expectations for inflation over the medium to long term, which are closely watched by the Bank of England, Rose in August, a survey published on Friday showed.

Investigators say one of the engines on a United Airlines jet broke up over Denver in 2021 because of wear and tear on a fan blade that wasn't adequately inspected for signs of cracking

By David Shepardson