Monday , 20 April 2026

Recent Posts

Boeing 737 Max’s Europe flight test process on hold

Bloomberg Travel restrictions brought on by the Covid-19 pandemic continue to slow the re-certification process for Boeing Co’s 737 Max in Europe, even after US aviation regulators moved a step closer to allowing the grounded jet to fly again. The European Union Aviation Safety Agency said it’s still working with Boeing and the US Federal Aviation Administration to find a …

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Creditors at odds over Seven & i deal

Bloomberg The debt market is showing concern about Seven & i Holdings Co’s $21 billion deal to buy Marathon Petroleum Corp’s gas-station business, even as equity investors grew more positive on the purchase. The credit rating of the world’s largest convenience store operator was cut by Moody’s Investors Service from A1 to A2, the sixth-highest level, citing “an expected spike …

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PBOC’s attempt to exit crisis mode faces a $500 billion test

Bloomberg China’s banks need about $500 billion in fresh liquidity this month to roll over existing debt and buy government bonds, complicating the People’s Bank of China’s efforts to exit crisis measures. Monetary policy makers have been signalling for weeks that abundant funding made available to tide the world’s second-largest economy through the coronavirus slump will soon be reined in, …

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