Opinion

Boeing Co. has a long way to go to rebuild its tarnished reputation on safety, but it’s moving in the right direction. The planemaker named Beth Pasztor — a 34-year Boeing veteran with a background in engineering and compliance — as the head of a new organisation focused on the safety of its products and services. The appointment is in ...

Apple Inc. is squaring up with tech’s European bete noire, MargretheVestager, over its historical tax arrangements in Ireland at a court hearing this week. If the iPhone maker wins, Vestager may be able to use the defeat to her benefit. Back in 2016, EU Competition Commissioner Vestager imposed a 13 billion-euro ($14.4 billion) bill on Apple for unpaid taxes in ...

More people are coming around to the idea that climate change is really bad news. A recent Washington Post poll found that 38% of Americans now consider climate change a crisis, with another 38% calling it a major problem. And denialism is in retreat — an overwhelming majority, and even 60% of Republicans, admit that the problem is manmade. The ...

US recession indicators are growing stronger and there’s one bigger-than-usual reason why the world should be worried: China isn’t coming to the rescue this time. In the past week alone, a gauge of US manufacturing unexpectedly fell to its weakest reading in a decade and payrolls at private companies grew less than forecast. Economists are starting to wonder whether the ...

Metro Bank Plc, the upstart UK lender, evidently has little other option than to enter the last-chance saloon. The first company in more than a century to go head-to-head with Britain’s big four banks is struggling to recover from an accounting error (underestimating the risk on some loans) , which led to a sell-off in its shares. Confidence was undermined ...

The world’s longest running and most expensive trade dispute looks set to end in a destructive shootout — that is, if the US and European Union don’t show some sense. On October 2, the World Trade Organisation (WTO) authorised the US to proceed with tariffs on as much as $7.5 billion in European exports, likely including planes, aircraft parts and ...

It’s almost universally expected in India that the central bank’s monetary policy committee will lower interest rates this week. Many expect it to keep cutting until the policy rate hits 5% by the end of the year; it was 6% in June, and the committee cut it by an unexpected 0.35 percentage points in its last meeting to bring it ...

In the five years since Tesco Plc was plunged into the biggest crisis in its history, Dave Lewis, its chief executive officer, has executed an (almost) textbook turnaround of Britain’s biggest retailer. He’s now decided that his job is done and he will hand over the reins next year to Ken Murphy of Walgreens Boots Alliance Inc. “Drastic Dave” — ...

Sony Corp. has halved the price of its PlayStation Now subscription games service. Competition from console rival Nintendo Co. as well as new offerings from Alphabet Inc.’s Google and Apple Inc. are the obvious reasons. In addition, though, PlayStation Now failed to live up to its potential. At $19.99 per month, the product was way overpriced. After four years, Sony ...

The battle to control the Federal Reserve is being waged on many fronts. There’s President Trump’s relentless tirades against Fed Chairman Jerome Powell — and Powell’s low-key rejoinders. There’s the clamour from investors (aka Wall Street) for easy credit to prop up stock prices. Some economists favour cheap credit to sustain low unemployment (3.7%). What’s been missing is a cogent ...