Boeing eyeing 737 MAX approval by October, some crash victims refuse to settle

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Reuters.com Newsletter

Boeing eyeing 737 MAX approval by October, some crash victims refuse to settle

Boeing Co is hoping to win regulatory approval for its revamped 737 MAX by October at the earliest, a company official said on Thursday, meaning that airlines will have to again extend flight cancellations as they await the return of the grounded jet.

Trump agrees to no preconditions for meeting with China's Xi: Kudlow

U.S. President Donald Trump has agreed to no preconditions for his high-stakes meeting with Chinese President Xi Jinping this weekend and is maintaining his threat to impose new tariffs on Chinese goods, White House economic adviser Larry Kudlow said on Thursday.

Nike misses quarterly profit estimates on higher marketing expenses

Nike Inc missed analysts' estimates for quarterly profit on Thursday, as the world's largest sportswear maker spent more on marketing and new product launches.

S&P 500 rises on investor optimism ahead of G20 summit

The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running U.S.-China trade dispute, which has whipsawed markets for months.

Stocks gain on U.S.-China trade hopes, dollar flat

Global equity markets gained and the dollar held steady on Thursday ahead of the G20 summit where a scheduled meeting of U.S. President Donald Trump and Chinese President Xi Jinping has stirred hopes that trade tensions could ease.

Mitsubishi weighs new Canadian engineering design center in Montreal: source

Mitsubishi Heavy Industries Ltd, is weighing the creation of a new engineering design center in Montreal, a source familiar with the matter told Reuters, in a move fueled by the company's planned acquisition of Bombardier's CRJ regional jet business.

Boeing thinks it will complete it software update for 737 MAX by September: official

Boeing Co now thinks it will complete the latest software update for the grounded 737 Max by September after new issue arose last week during a simulator test, a Boeing official said on Thursday.

FCC probes whether Sinclair misled agency during failed Tribune deal

Shares in Sinclair Broadcast Group Inc fell by 1.6% after the U.S. Federal Communications Commission disclosed it has opened an investigation into whether the company misled the agency in its failed effort to win approval for a $3.9 billion bid to purchase Tribune Media Co.

Oil edges higher ahead of G20, OPEC meeting

Oil prices edged higher on Thursday on expectations that OPEC will extend an output cut agreement, while investors awaited a meeting between the United States and China that could produce a breakthrough on trade talks.

Exclusive: Western intelligence hacked 'Russia's Google' Yandex to spy on accounts - sources

Hackers working for Western intelligence agencies broke into Russian internet search company Yandex in late 2018 deploying a rare type of malware in an attempt to spy on user accounts, four people with knowledge of the matter told Reuters.

Twitter to deemphasize, label politician tweets that break its rules

Twitter Inc said on Thursday it would identify and deemphasize tweets that broke its rules but came from important sources, such as politicians, in order to strike a balance between free expression and accountability.

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