Boeing said it had finalized an order for 150 777 X planes from Dubai's Emirates Airline in a deal valued at $56 billion at list prices.» Read More
TORONTO, July 14- Bombardier Inc's long-delayed CSeries aircraft program received a big boost on Monday, when the company announced two tentative orders for a total of up to 24 jets worth nearly $1.6 billion. Montreal- based Bombardier said it had signed an agreement with Chinese carrier Zhejiang Loong Airlines Co Ltd for 20 of its CSeries jetliners.
LONDON, July 14- By now everyone knows the shale revolution was made possible by the combination of horizontal drilling and hydraulic fracturing. "Horizontal drilling is the real marvel of engineering and scientific innovation," David Blackmon wrote in Forbes magazine last year.
*Boeing comfortable with efficiency, value of fleet vs Airbus. FARNBOROUGH, England, July 14- U.S. planemaker Boeing said its range of aircraft meant it was well-placed to compete in the latest stage of a long-haul battle against European rival Airbus, which earlier stole the limelight with a plan to revamp its A330 jet.
LONDON/ HONG KONG, July 13- Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.
TORONTO, July 12- Bombardier Inc said on Saturday that Falko Regional Aircraft Limited, a lessor based in Britain, has signed two letters of intent to buy up to 24 CS100 jets, the first new CSeries deal announced since the first quarter.
Fred Buenrostro admitted that he intentionally conspired with a former California Public Employees' Retirement System board member and others to accept bribes and devise a fraudulent scheme involving Calpers' investments.
July 10- General Electric Co said on Thursday it picked France's Safran SA, Japan's IHI Corp and Germany's MTU Aero Engines AG to work on the GE9X engine that will power Boeing Co's new 777 X aircraft. GE told Reuters the companies chosen would share about 25 percent of the GE9X program, with Safran holding the largest share.
*CIMB aims to acquire RHB and Malaysia Building Society. KUALA LUMPUR, July 10- Malaysia's CIMB Group Holdings Bhd is seeking to acquire two lenders to create the country's biggest bank in a move that is likely to push larger rival Maybank and others in the region to bulk up too.
*Qatar sells about 5 pct of LSE, cutting stake by a third. LONDON, July 10- Qatar has sold a 5 percent stake in the London Stock Exchange for 260.1 million pounds, cutting its holding by a third and making a profit of around 20 percent, according to Reuters calculations.
*CIMB aims to acquire RHB and Malaysia Building Society- source. KUALA LUMPUR, July 10- Malaysia's CIMB Group Holdings Bhd is seeking to acquire two lenders to create the country's biggest bank, a source familiar with the deal said, a move that is likely to push larger rival Maybank and others in the region to bulk up too.
July 9- Dubai airline Emirates finalized a $56 billion order to buy 150 Boeing 777 X jets on Wednesday, firming up a commitment made last year, just weeks after scrapping an order with rival planemaker Airbus.
July 9- Boeing said it had finalized an order for 150 777 X planes from Dubai's Emirates Airline in a deal valued at $56 billion at list prices. The deal includes purchase rights for an additional 50 airplanes that, if exercised, could increase the value to about $75 billion at list prices, Boeing said in a statement on Wednesday.
July 9- Boeing said it had finalised an order for 150 777 X planes from Dubai's Emirates Airline in a deal valued at $56 billion at list prices. The deal includes purchase rights for an additional 50 airplanes that, if exercised, could increase the value to about $75 billion at list prices, Boeing said in a statement on Wednesday.
SINGAPORE, July 9- Palladium climbed for a 13th straight session on Wednesday to trade near its highest since 2001 on concerns over supply constraints in major producer South Africa, amid strong demand for the metal from the auto industry.
NEW YORK, July 8- Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of conspiring to engage in insider trading while at the hedge fund, ending a five-year winning streak by U.S. prosecutors.
NEW YORK, July 8- Jurors began deliberating on Tuesday in the trial of Rengan Rajaratnam, younger brother of Galleon Group hedge fund founder Raj Rajaratnam, who prosecutors say conspired to engage in insider trading.
*Jordanian CEO Ismaik pushed ambitious growth plans. *Construction firm became arm of Abu Dhabi policy. ABU DHABI/ DUBAI, July 8- From a 59- story tower in Abu Dhabi, the offices of Arabtec look out over the Gulf towards Middle Eastern and Asian nations where the construction firm hopes to expand.
NEW YORK, July 7- A lawyer for Rengan Rajaratnam on Monday compared the government's insider trading case against the younger brother of Galleon Group founder Raj Rajaratnam to a jigsaw puzzle where the pieces had been wrongly jammed together. Nor was there proof Rengan Rajaratnam entered into a conspiracy to engage in insider trading, he said.
DUBAI, July 5- Dubai is launching a project to build an entertainment and hotel district that will include the world's largest shopping mall, the emirate's ruler, Sheik Mohammed bin Rashid al-Maktoum, said on Saturday.
PARIS, July 4- Airbus sold more than 200 aircraft in June during an unexpectedly busy month that saw some reshuffling of its order book, but took over 120 cancellations to end the first half behind U.S. rival Boeing, company data showed on Friday.