One of the aircraft industry’s most influential leaders believes Boeing will face a heavier regulatory backlash if there are further production snags such as the one suspected of causing a door plug blowout on an Alaska Airlines 737 MAX 9 jet.
Brazilian airline Gol said on Monday that its debt was 20.176 billion reais ($4.1 billion) at the end of fourth quarter, disclosing the information for the first time after it filed for Chapter 11 bankruptucy protection last week.
Chinese Vice Premier He Lifeng on Monday called for greater support for listed companies in an effort to help stabilise capital markets, the Xinhua News Agency reported, amid a protracted stock market rout.
U.S. main index futures were muted on Monday, ahead of major events this week including the Federal Reserve’s rate decision and big-ticket tech earnings that could set the tone for Wall Street that has been on a record-breaking rally.
Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair competition, the European Securities and Markets Authority (ESMA) proposed on Monday.
Microsoft is expected to report a 15.8% jump in quarterly revenue, its best growth in nearly two years, as rising adoption of its products infused with generative AI fuels demand for its cloud services.
Investors that use shareholder resolutions to pressure companies on environmental and social issues said they are worried that an Exxon Mobil lawsuit bypassing the U.S. securities regulator could undermine their influence.
The financiers behind the world’s airline industry are meeting for the first time since a mid-air cabin blowout pushed Boeing into a new safety crisis.
