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Hong Kong stocks fall most in months on Moody’s ratings, virus

Bloomberg A deadly virus in China. A rating downgrade from Moody’s Investors Service. Violent clashes over the weekend. Welcome to Hong Kong, where reasons to sell stocks are mounting ahead of the Lunar New Year holiday. The Hang Seng China Enterprises Index fell 3.2%, the most since October 2018, while the MSCI Hong Kong Index dropped 2.7%, hitting its 200-day ...

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A big buyer tells Boeing to rename troubled 737 Max

Bloomberg Boeing Co should rename its 737 Max to help deflect travelers’ safety concerns once the grounded jet returns to the skies, according to plane leasing-industry veteran Steven Udvar-Hazy. The Max brand is damaged following two fatal crashes last year, and there’s no reason for Boeing to retain it, Udvar-Hazy, the founder and chairman of Air Lease Corp, said at ...

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SAA crisis deepens as flights cancelled

Bloomberg The financial crisis at South African Airways (SAA) deepened on Tuesday with one of the nation’s largest travel agencies announcing that the airline had cancelled several domestic and international flights. “We are in the process of contacting our customers to advise and assist,” Flight Centre Travel Group said on Twitter. It didn’t provide further details. As many as 19 ...

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