Tuesday , 16 December 2025

Classic Layout

Boeing CEO chastised by FAA as tensions risk 737 Max delay

Bloomberg The US’s top aviation regulator took Boeing Co.’s chief to the woodshed in a sign that relations between the two sides have deteriorated and further delays in the return to service of the planemaker’s best-selling jet are likely. In an unusual public admonishment, Federal Aviation Administration head Steve Dickson presented Boeing Chief Executive Officer Dennis Muilenburg and Executive Vice …

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EHang ends trading debut down a penny

Bloomberg EHang Holdings Ltd., one of several companies seeking to commercialise autonomous taxi aircraft, closed its first day of trading in the US with its shares down one cent from their price in its US initial public offering. The Guangzhou, China-based company raised $40 million, pricing 3.2 million American depositary shares at the bottom of its marketed range of $12.50 …

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‘Hydraulic issue’ forces turnaround of Qantas flight

Bloomberg A Qantas Airways Ltd. flight was evacuated early Sunday after the plane turned back shortly after takeoff because of an hydraulic issue. Flight QF575, which departed Sydney for Perth at 8:25 am local time, returned to make a non-emergency landing, the airline said in a statement on its website. “Once back at the gate, the captain made the decision …

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World’s longest flight will fly on Airbus planes, not Boeing

Bloomberg Qantas Airways Ltd. picked Airbus SE to provide ultra-long-range planes for planned direct services that will stretch halfway round the world, a blow to Boeing Co. after a two-year competition to land the deal. The Australian airline chose the A350-1000 over Boeing’s 777X for proposed services connecting Sydney with New York and London. Qantas is preparing an order for …

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Sial Middle East sees $2b in deals

Abu Dhabi / WAM Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, Chairman of Abu Dhabi Agriculture and Food Safety Authority (Adafsa), the 10th anniversary edition of Sial Middle East, one of the largest food, beverage and hospitality events in the region, and the fifth edition of Abu Dhabi …

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US, China reach ‘phase-one’ deal

Bloomberg The US and China agreed to the first phase of a broader trade agreement that will see the US reduce tariffs, and at least temporarily calm fears of an escalating trade war between the world’s two largest economies. The deal announced hinges on China increasing purchases of American farm goods such as soybeans, and making new commitments on intellectual …

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Modi risks losing focus on India’s ailing economy as protests build

Bloomberg A new law on Indian citizenship is threatening to pull Prime Minister Narendra Modi’s focus away from a flagging economy as protests and criticism builds against the divisive plan. The government was forced to call in the army to quell protests in some parts of the country after the parliament passed legislation that will prevent undocumented Muslim migrants from …

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Pakistan’s biggest LNG terminal plans to start next year as demand surges

Bloomberg Pakistan’s Energas plans to start the nation’s largest liquefied natural gas import terminal in 2021 to help meet soaring demand once it gets the green light to build the project. Energas, a consortium of large domestic users, aims to begin construction of the $140 million to $160 million facility next year, Chief Executive Officer Anser Ahmed Khan said in …

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WPX in talks to buy Felix assets for $2.5b

Bloomberg WPX Energy Inc is in talks to buy the oil and gas exploration assets of closely held Felix Energy for about $2.5 billion, according to people familiar with the matter. WPX Energy could announce a deal with Denver-based Felix Energy later this month, said one of the people. No final decision has been made and talks could fall through, …

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