Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
The 737 Max has been grounded since mid-March after two fatal crashes within five months of one another. Investigators implicated flight-control software that repeatedly pushed the nose of the planes down in both air disasters, which claimed 346 lives.
Boeing's CEO, Dennis Muilenburg, has said that the manufacturer expects to formally submit its changes to the plane and training this month and that the planes will be cleared to fly by early in the fourth quarter of the year. He acknowledged last week that aviation regulators may not all agree when to allow the planes to fly again.
Stephen Dickson, a pilot and former Delta Air Lines executive, who was sworn in as FAA administrator last month, told CNBC on Monday that he plans to travel to Seattle this week and test out the changes in a flight simulator. Boeing's 737 Max planes are produced in the Seattle area.
"I'm anxious to get out to Seattle later this week and look into this myself and see where we are with the certification process," Dickson said. "I can guarantee you that the airplane will not be flying again until I'm satisfied that it's the safest thing out there."
Dickson, who is also meeting with Boeing officials in Seattle, said the agency does not have a firm timeline for allowing the planes to fly again.
The planes' grounding, now in its seventh month, has forced airlines to cancel thousands of flights during the peak summer travel season.