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Boeing expresses regret over ex-pilot’s messages on 737 MAX software

4 hours ago NAMEX Comments Off on Boeing expresses regret over ex-pilot’s messages on 737 MAX software
SEATTLE/WASHINGTON (Reuters) – Boeing Co (BA.N) said on Sunday that it regrets and understands concerns raised by the release of a former Boeing test pilot’s internal instant messages noting erratic software behavior two years before deadly crashes of its 737 MAX jet. The Boeing logo is pictured at the Latin American Business Aviation Conference & Read More

Osram labour reps reaffirm opposition to AMS takeover offer

9 hours ago NAMEX Comments Off on Osram labour reps reaffirm opposition to AMS takeover offer
MUNICH/FRANKFURT (Reuters) – Austria’s AMS (AMS.S) faces opposition to its 4.5 billion euro ($5 billion) takeover bid for German lighting group Osram (OSRn.DE) from powerful shop stewards at the target company. FILE PHOTO: The logo of German lighting manufacturer Osram is illuminated at the company’s headquarters in Munich, Germany, September 16, 2019. REUTERS/Andreas Gebert AMS Read More

Australian newspapers unite in protest against media restrictions

9 hours ago NAMEX Comments Off on Australian newspapers unite in protest against media restrictions
SYDNEY (Reuters) – Australia’s biggest newspapers were expected to run front pages on Monday made up to appear heavily redacted to protest against recent legislation that restricts press freedoms, a rare show of unity by the usually tribal media industry. Mastheads from the domestic unit of Rupert Murdoch’s News Corp, Australian Financial Review publisher Nine Read More

Long-haul, fuel efficient jets underpin demand at Las Vegas air show

14 hours ago NAMEX Comments Off on Long-haul, fuel efficient jets underpin demand at Las Vegas air show
LAS VEGAS (Reuters) – New large corporate planes that can fly farther and an industry push toward sustainable aviation fuels are seen as bright spots as the world’s biggest business jet makers assemble in Las Vegas to showcase their offerings at the sector’s largest gathering. FILE PHOTO: Bombardier employee Francis Masse polishes the sign of Read More

China’s Xiaomi says plans to launch more than 10 5G phones next year

14 hours ago NAMEX Comments Off on China’s Xiaomi says plans to launch more than 10 5G phones next year
Xiaomi founder and CEO Lei Jun attends a launch ceremony of the new flagship phone Xiaomi Mi 9 in Beijing, China February 20, 2019. REUTERS/Jason Lee WUZHEN, China (Reuters) – Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, speaking at the World Read More

Instagram user’s amazing lip art goes viral

15 hours ago NAMEX Comments Off on Instagram user’s amazing lip art goes viral
Nail art is so over. It’s all about the lips now, thanks to one makeup artist garnering loads of love online with her eye-catching lip art. This is not your basic lipstick, either. Tutushka Matviienko from Nikolaev, Ukraine, creates dazzling 3-D designs on pouts, including pizza, fruit, animals and even beach scenes. One such design Read More

UPDATE 1-Goldman Sachs investment banker charged in insider trading scheme

24 hours ago NAMEX Comments Off on UPDATE 1-Goldman Sachs investment banker charged in insider trading scheme
(Adds third case) By David Shepardson Oct 19 (Reuters) – A Goldman Sachs Group Inc investment banker has been released on bond and placed on leave by the firm after allegedly being involved in an insider trading scheme. Bryan Cohen, a vice president at Goldman Sachs who works in the Consumer Retail industry group, was Read More

Boeing board to meet in Texas as scrutiny intensifies -sources

24 hours ago NAMEX Comments Off on Boeing board to meet in Texas as scrutiny intensifies -sources
(Reuters) – Boeing Co’s (BA.N) board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet. FILE PHOTO: The Boeing logo is displayed on a Read More

Boeing board to meet in Texas as scrutiny intensifies: sources

24 hours ago NAMEX Comments Off on Boeing board to meet in Texas as scrutiny intensifies: sources
(Reuters) – Boeing Co’s (BA.N) board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet. FILE PHOTO: The Boeing logo is displayed on a Read More

China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy

24 hours ago NAMEX Comments Off on China’s central banker says yuan level ‘appropriate’, trade tensions risk to global economy
WASHINGTON (Reuters) – China’s top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China’s yuan at an appropriate level. People’s Bank of China Governor Yi Gang, Federal Reserve Chairman Jerome Powell and Nigeria’s Finance Minister Read More