U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources
MONTREAL/FORT WORTH, Texas (Reuters) - The Federal Aviation Administration (FAA) expects to approve Boeing Co's 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations' aviation agency in a private briefing on Thursday, sources told Reuters.
Boeing at two-week high as approval for 737 MAX to fly seen by late June
(Reuters) - Shares of Boeing Co rose as much as 3% to more than a two-week high on Friday after Reuters reported that the Federal Aviation Administration (FAA) expects to approve 737 MAX jets to return to service as soon as late June.
Huawei shipments could fall by up to a quarter this year: analysts
HONG KONG/SHANGHAI (Reuters) - China's Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.
Musk's SpaceX raised over $1 billion in six months: filings
(Reuters) - Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space.
Wall Street Weekahead: Trade protection doesn't have to exclude growth stocks
(Reuters) - The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China.
China accuses U.S. officials of misleading public on trade war
BEIJING (Reuters) - China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world's two largest economies kept financial markets in a state of unease.
Amazon facial recognition ban won just 2% of shareholder vote
(Reuters) - Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed.
United Airlines shakes up Avianca leadership after shareholder default
(Reuters) - United Airlines launched a management overhaul at Colombia's Avianca Holdings on Friday, removing top shareholder German Efromovich from controlling the cash-strapped airline, according to regulatory filings.
South Korea orders further arrests at Samsung Electronics over accounting scandal
SEOUL (Reuters) - A South Korean court approved arrest warrants on Saturday for two executives at Samsung Electronics Co Ltd over their alleged roles in a suspected accounting fraud at the biotech arm of Samsung Group.
German appeals court rules in favor of VW diesel owners
FRANKFURT (Reuters) - A regional appeals court in Karlsruhe on Friday ruled that German Volkswagen dealers must take back cars fitted with illegal software devices or give their customers new vehicles.