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will burn rather than generate cash in 2024 and deliveries aren't expected to increase in the second quarter, the company's finance chief said Thursday, as the U.S. planemaker grapples with a full-blown crisis that is weighing on production of its strongest-selling aircraft. CFO Brian West told the Wolfe Research Global Transportation and Industrials Conference that he expects Boeing's full-year free cash flow to be negative, compared with a March outlook for positive cash generation in the low single-digit billions.

Dozens of warplanes, multiple destroyers and frigates" of the PLA were spotted encircling Taiwan and its outlying islands. The drills began Thursday morning."The drills are being conducted in the Taiwan Straits, the north, south and east of Taiwan island, as well as areas around the islands of Kinmen, Matsu, Wuqiu, and Dongyin," China state media Global Times reported.It also shared a picture showing the locations where the PLA conducted Joint Sword-2024A exercises on Thursday.This is not the first time China has conducted military drills around Taiwan.

UK General Elections 2024: United Kingdom's Prime Minister Rishi Sunak called a snap general election on July 4. In a statement from Downing Street on May 22, Sunak said he spoke to King Charles earlier that day to request the dissolution of Parliament for a general election.

Singapore Airlines Flight 321 forced to make emergency landing in Bangkok, Thailand, following «severe turbulence» that left 1 dead.

Singapore Airlines Flight 321 forced to make emergency landing in Bangkok, Thailand, following «severe turbulence» that left 1 dead.

CNN quoting Saudi news agency SPA.Following tests, King Salman, 88, was found to have inflammation for which he is currently receiving antibiotic treatment in Jeddah.“Deeply concerned about the reports of the health of His Majesty @KingSalman bin Abdulaziz of the Kingdom of Saudi Arabia.

Volkswagen has delayed the launch of its electric ID.7 sedan in the U.S. and Canada, the German automaker said on Wednesday, citing changing market dynamics. The company did not provide a new timeline for the launch of the electric sedan. It was slated to be rolled out in the U.S. and Canada later this year. Global automakers including Ford, General Motors and Mercedes are rethinking their EV plans as the sector struggles with slowing demand. They are instead focusing on higher-margin hybrids and gasoline-powered models.

Geely Auto which was then known for making knock-offs of Western cars models. Today, Geely has a global footprint and is known for innovation just as other bigger Chinese car makers such as BYD Co. are gearing to outcompete Western companies. A new chapter in this success story is of Xiaomi Corp., once known for making cheap smartphones. It has evolved into an electric-vehicle maker and aims to compete with Tesla. Just when Xiaomi announced its entry into the car market, Apple, the tech giant of the West, took a step back: it cancelled its EV project. The two happenings might show how Chinese companies are getting more aggressive while the US companies falter on technological evolution.

a sudden and violent jolt as a strong turbulence hit the plane. Sharing the video on X, the news agency said, “This is the moment a flight attendant was thrown to the ceiling of the plane after violent turbulence." Several others on social media claimed that “Passengers were flung to the ceiling when it experienced a 7,000 ft drop." In many photos shared by the news agency Reuters, the interior of Singapore Airlines flight SQ321 was seen as damaged.

Boeing 777-300ER plane with 211 passengers and 18 crew was headed to Singapore when it made the emergency landing," the airline was quoted by Reuters as saying in a statement. “We can confirm that there are injuries and one fatality on board the Boeing 777-300ER," the carrier said in a statement. ALSO READ: Boeing plane makes emergency landing in New York after exit slide falls off The airlines informed that it is "working with the local authorities in Thailand to provide the necessary medical assistance and sending a team to Bangkok to provide any additional assistance needed." According to Reuters, the aircraft, with 211 passengers and 18 crew on board, was traveling from London Heathrow and diverted to Bangkok’s Suvarnabhumi Airport after encountering the turbulence.

Ebrahim Raisi was declared dead on Monday after rescue teams found his crashed helicopter in a fog-shrouded western mountain region. “The servant of the Iranian nation, Ayatollah Ebrahim Raisi has achieved the highest level of martyrdom while serving the people," state TV declared, showing pictures of Raisi as a voice recited the Koran.

Iranian President Ebrahim Raisi, 63, was declared dead following a helicopter crash over the weekend, a senior Iranian official confirmed early Monday. Along with Raisi, his foreign minister Hossein Amirabdollahian was also killed.

WASHINGTON: Some of Donald Trump's allies are assembling proposals to curtail the Justice Department's independence and turn the nation's top law enforcement body into an attack dog for conservative causes, nine people involved in the effort told Reuters. If successful, the overhaul could represent one of the most consequential actions of a second Trump presidency given the Justice Department's role in protecting democratic institutions and upholding the rule of law.

India’s foreign exchange reserves climbed for the second consecutive week, reaching a peak of $644.15 billion as of May 10, according to data released by the central bank on Friday, reported Reuters.

Small groups of Israeli protesters have attacked a number of aid trucks headed to Gaza from the West Bank and Israel in recent weeks, complicating efforts by the international community to help more than two million Palestinians stuck inside the strip survive the continuing conflict. Scores of Israelis have organized protests against the delivery of humanitarian aid into the strip throughout the war, including at a southern border crossing with Israel where trucks were entering Gaza. But more recent protests have turned violent, with instances of truck drivers getting attacked.

Nevada ranked the second highest auto insurance rates in the country, according to Insurify.

BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.

Slovak Prime Minister Robert Fico was in a «very serious» but stable condition in an intensive care unit on Thursday, a hospital official said, a day after being shot five times at close range in an assassination attempt. Slovak police have charged Fico's suspected attacker with attempted murder, tvnoviny.sk reported on Thursday.

Slovakia’s Prime Minister Robert Fico was shot multiple times and taken to hospital Wednesday, according to a post on his Facebook page and government statements that called the shooting an attempted assassination.

Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an interest rate cut which could result in even stronger demand. Brent futures rose 42 cents, or 0.5%, to $83.17 a barrel, while U.S. West Texas Intermediate crude (WTI) gained 43 cents, or 0.6%, to $79.06 at 0032 GMT.

Sensex declined 117.58 points, or 0.16%, to close at 72,987.03, while the Nifty 50 settled 17.30 points, or 0.08%, lower at 22,200.55. “Relentless FIIs selling and India Vix at elevated levels put pressure on the market. We expect the market to consolidate in a broader range as the election polling progresses and the result season nears the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.