Monday , 18 May 2026

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Malaysia Airlines may buy widebody jets from Airbus or Boeing

SINGAPORE / Reuters Malaysia Airlines has indicated that it may be interested in buying 20-30 widebody jets from either Boeing Co or Airbus SE, a source with knowledge of the matter said. Such a deal could either expand or replace a previous non-binding agreement with Boeing that was reached during a high-profile US visit by the country’s prime minister in …

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Aramco, Total ink $5bn deal to build petchem facility

Reuters French oil and gas major Total on Tuesday signed a $5 billion dealwith Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery. Saudi Aramco holds a 62.5 percent stake in the refinery, while Total holds the other 37.5 percent. The memorandum of understanding (MoU) was signed on the sidelines of a visit by …

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Stocks rally as trade tiff eases; Treasuries slip with dollar

Bloomberg Stocks surged on Tuesday following conciliatory remarks from Chinese President Xi Jinping aimed at releasing some pressure from a trade dispute between the world’s biggest economies. Treasuries fell with the dollar. All major US equity indexes were up more than 1.4 percent after Xi said Cold War and zero-sum mentalities were “out of place,” and backed free trade and …

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