Recent Posts

737 jet crash shakes Boeing’s tenuous recovery in China

  Bloomberg Boeing Co faces a new crisis after a 737 jet fell out of the sky in China, renewing concerns about its best-selling family of planes and extending one of the most turbulent periods in the aviation titan’s century-long history. The 737-800 aircraft operated by China Eastern Airlines Corp nose-dived into mountainous terrain with 132 people on board, prompting ...

Read More »

Cathay to fly once every 14 days when US, UK ban lifts

Bloomberg Traveling to Hong Kong isn’t set to get much easier once a ban on flights from nine countries including the US and the UK is lifted, with Cathay Pacific Airways Ltd planning just one inbound flight every two weeks. The airline said it isn’t able to expand its schedule any more than what it was planning due to “the ...

Read More »

Nike jumps after beating sales estimates across all regions

  Bloomberg Nike Inc shares jumped in late trading after quarterly results beat analysts’ expectations, showing the world’s largest athletic-wear retailer is overcoming struggles with its supply chain and weakness in China. Global sales rose 5% to $10.9 billion for the third quarter, beating Wall Street’s estimates. Revenue outpaced expectations in all regions, including Greater China, where sales fell less ...

Read More »
Send this to a friend