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China’s cruise industry is finally set to sail

On October 1, the 930-passenger Zhao Shang Yidun (or China Merchants Eden) departed from Shenzhen on an eight-day “Charming South China Sea” cruise. It’s a landmark voyage, and not just because it transits one of the world’s most hotly disputed waterways. The ship, jointly operated by Viking Cruises Ltd and state-owned China Merchants Group, is the first five-star luxury ship ...

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Maybe Goldman should take rest of the year off

Another day, another dollar — or rather another few billion dollars in surprisingly strong results from a big US bank. Goldman Sachs blew away the superlatives with forecast-beating profits and revenues across the board for the third quarter. You could almost hear the analysts throwing bouquets for outgoing Chief Financial Officer Stephen Scherr on his last call. Its shares were ...

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Former Boeing pilot charged with fraud in 737 Max probe

Bloomberg A former Boeing Co pilot was charged with deceiving US aviation regulators in the first prosecution related to two fatal 737 Max accidents that plunged the aviation titan into crisis. Mark Forkner, a former chief technical pilot for the company, was indicted on charges that he deceived the Federal Aviation Administration’s (FAA) Aircraft Evaluation Group during the agency’s evaluation ...

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