Recent Posts

Airbus, Bombardier in talks for A220 stake sale

Bloomberg Airbus SE is in talks to buy out Bombardier Inc’s stake in the A220 jetliner program, according to people familiar with the matter. The negotiations between the companies are at an advanced stage, said the people, who asked not to be identified because the talks are private. The deal could be announced as early as this week, with both ...

Read More »

NASA faults Boeing for ‘critical software defects’ in Starliner

Bloomberg NASA is reviewing Boeing Co’s software engineering, and it doesn’t like what it sees. Lurking behind 1 million lines of code for Boeing’s CST-100 Starliner spacecraft lies a deficient development process that led to two software flaws during a failed test flight, the US space agency said. The “critical software defects” — either of which could have caused the ...

Read More »

Tesco asks Thai tycoons for next-round bids for Asia unit

Bloomberg Britain’s largest supermarket chain Tesco Plc is inviting Thai tycoons to the second round of bidding for its operations in Thailand and Malaysia that could fetch more than $7 billion, according to people with knowledge of the matter. Thai billionaire Dhanin Chearavanont’s Charoen Pokphand Group and Central Group, controlled by the Chirathivat family, were picked to proceed with deadline ...

Read More »
Send this to a friend