Edition:
United Kingdom

Sanjana Shivdas

General Electric CEO sets low 2019 profit targets, vows better from 2020

14 Mar 2019

General Electric Co Chief Executive Larry Culp on Thursday set conservative profit targets for this year and staked his reputation on hitting them and doing better in 2020 and beyond, igniting a rally in the stock.

Kayak soothes nervous Boeing flyers with airplane search filter

13 Mar 2019

BENGALURU/OSLO Travel website Kayak is making changes to let customers exclude specific aircraft types from searches, and booking sites are looking to reroute passengers, after an unexplained Boeing jet crash that killed 157 people in Ethiopia.

Boeing shares, vanguard of the Dow, hit hard after second 737 MAX crash

11 Mar 2019

Boeing Co shares tumbled more than 5 percent on Monday after China, Indonesia and Ethiopia ordered airlines to ground the aircraft maker's best-selling line of jets after the second deadly crash of one of the planes in just five months. | Video

AirAsia launches venture capital fund to back startups in Southeast Asia

04 Mar 2019

Malaysian budget carrier AirAsia Group said on Monday it was launching a venture capital fund in the United States to invest in startups seeking to enter or expand in Southeast Asia.

Tesla cuts Model 3 price for second time this year

08 Feb 2019

Tesla Inc said on Wednesday it was lowering the price of its Model 3 sedan for the second time this year, moves that come in the wake of Tesla losing a tax credit that made its cars more affordable for U.S. buyers. | Video

Spirit Aero signals strong 2019 on rising demand from Boeing

01 Feb 2019

Spirit AeroSystems Holdings Inc forecast 2019 profit and revenue above Wall Street estimates on Friday, as it prepares to meet higher demand for fuselages and other aircraft parts from top customer Boeing Co, sending its shares up as much as 5.2 percent.

General Dynamics 2019 outlook disappoints, fourth-quarter profit rises

30 Jan 2019

General Dynamics Corp on Wednesday forecast 2019 profits lower than analysts estimated and said margins in its critical business jet unit would not improve substantially until 2020, sending shares down nearly 4 percent.

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