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Boeing’s key 737 Max adviser to retire

Bloomberg Boeing Co. said another high-ranking executive working on the company’s response to the 737 Max crisis will step down. Michael Luttig, 65, will retire at year-end, Boeing said in a statement, three days after the planemaker announced the departure of Dennis Muilenburg as chief executive officer. Luttig, the company’s former general counsel, was reassigned in May to advise Muilenburg ...

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Sheikh Mohammed approves consumer protection law

Abu Dhabi / WAM The UAE Cabinet chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the issuing of a Federal Law on Consumer Protection which comes in light of the government endeavours to achieve the continuous development of the legislation that affects the lives of ...

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Oil tops $61 on expected decline in US inventories

Bloomberg Oil settled above $61 a barrel amid light volume as US President Donald Trump said a preliminary trade deal with China is “done” and ahead of government data expected to show another crude stockpile decline. Futures rose 1% in New York to close at a three-day high. Trump suggested that the US and China will sign a trade agreement ...

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