Related News

A California judge admonished members of Mark Zuckerberg’s team for wearing Ray Ban-Meta AI glasses, which are equipped with a camera, as they entered a Los Angeles courtroom on Wednesday

Mark Zuckerberg faces intense questioning in social media addiction trial – CBS News Watch CBS News Mark Zuckerberg took the stand on Wednesday to fight off allegations that Instagram was

The Etsy company logo is seen at its headquarters in New York City on Dec. 13, 2023. Michael M. Santiago | Getty Images Etsy shares popped on Thursday after the

Zuckerberg defends social media platforms at landmark trial – CBS News Watch CBS News Meta CEO Mark Zuckerberg testified Wednesday in a civil case over social media addiction allegations that

Doordash‘s stock rallied on Thursday as Wall Street shook off disappointing fourth-quarter results and commended early progress in the food delivery platform’s investment cycle. Shares initially fell about 10% in

NEW DELHI: India’s human spaceflight programme marked a significant milestone after the Defence Research and Development Organisation (DRDO) successfully conducted a qualification-level load test of the drogue parachute for the

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Boeing in talks with China, reports say 500-plane sale possible, outcome linked to US-China trade deal

Word Count: 653 | Estimated Reading Time: 4 minutes


Boeing in talks with China, reports say 500-plane sale possible, outcome linked to US-China trade deal

US aviation major Boeing is negotiating a potential sale of as many as 500 aircraft to Chinese companies, Bloomberg News reported on Thursday, citing sources familiar with the discussions.A deal of this scale would mark a significant boost for the struggling manufacturer, whose shares rose as much as 3.7% in pre-market trading before settling with gains of less than 1% about 15 minutes into Tuesday’s session.According to Bloomberg, the agreement would depend heavily on Washington and Beijing securing a longer-term settlement in their ongoing trade dispute. The report said Chinese officials have already begun assessing the aircraft requirements of domestic carriers.Since taking office in January, President Donald Trump has used tariffs as leverage against key US trading partners, arguing that deficits reflect unfair practices. Purchases from Boeing, the nation’s largest manufacturing exporter, have often featured in Trump’s trade negotiations to balance imbalances.In July, the White House announced that Japan had committed to buy 100 Boeing aircraft and Indonesia 50 as part of broader trade understandings aimed at avoiding higher tariffs.China, however, has been the main target of Trump’s trade overhaul. Both countries imposed steep tariffs on each other’s products this year, including restrictions that temporarily halted Boeing deliveries. The two sides agreed in May to roll back duties temporarily, later extending the suspension by 90 days as talks continue.China’s last large Boeing order came in November 2017 during Trump’s state visit, when Beijing agreed to purchase 300 planes worth more than $37 billion.Boeing, meanwhile, is trying to regain footing after years of setbacks. In July, the company reported a narrower second-quarter loss and its highest delivery tally since 2018. But its reputation remains clouded by safety and quality control concerns, including a near-catastrophic fuselage blowout on a 737 MAX in January 2024, which came after two fatal crashes of the same aircraft type in 2018 and 2019.





Source link

Most Popular Articles