$1.3 trillion and 7,000 finance jobs leaving Britain because of Brexit

Banks and other financial companies are shifting more assets and jobs out of the United Kingdom as the country lurches towards Brexit.

Boeing expects 737 Max software fix by end of March

Boeing has told airlines it expects to have new software for its 737 Max plane ready by the end of the month.

Kenya court axes banking rates cap, suspends implementation for a year

A Kenyan court ruled on Thursday that a cap on commercial bank interest rates is unconstitutional, but judges suspended the ruling for 12 months to allow parliament to re-examine the law.

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Dollar set for biggest weekly drop in three months

The dollar slipped against its rivals on Friday and was set for its biggest weekly drop in more than three months before a U.S. central bank meeting next week where policymakers will shed more light on the outlook for interest rates.

Posted: 7 days ago   Views: 4523
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Boeing lost $26.6 billion in market value since crash

Boeing investors lost $26.6 billion in the first two trading days this week following the deadly crash of one of its popular 737 Max 8 jets in Ethiopia.

Posted: 8 days ago   Views: 4410
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VW brand to cut up to 7,000 jobs

Volkswagen on Wednesday said it will shrink its workforce by up to 7,000 staff, raise productivity and eke out 5.9 billion euros worth of annual savings at its core VW brand by 2023 in a bid to raise VW’s operating margin to 6 percent.

Posted: 9 days ago   Views: 2317
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U.S. will not suspend Boeing 737 MAX planes

The U.S. aviation regulator said it would not ground Boeing Co 737 MAX planes after a crash in Ethiopia that killed 157 people, bucking a trend of countries around the world that have suspended the aircraft’s operations.

Posted: 9 days ago   Views: 3814
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Brexit: Most imports tariff-free under no-deal plan

The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit.

Posted: 9 days ago   Views: 2414
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Global Boeing fears grow, families await Ethiopia crash remains

Singapore and Australia became the latest nations to suspend Boeing 737 MAX aircraft on Tuesday, while identification of the Ethiopian Airlines crash’s 157 victims dragged and black box recorders were yet to yield the cause.

Posted: 10 days ago   Views: 3005
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Global economy hits its weakest spell since financial crisis

The global economy’s sharp loss of speed through 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago, according to Bloomberg Economics.

Posted: 10 days ago   Views: 2178
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U.S. to mandate design changes on Boeing 737 MAX 8 after crashes

The United States will mandate that Boeing Co implement design changes by April that have been in the works for months for the 737 MAX 8 fleet after a fatal crash in October but said the plane was airworthy and did not need to be grounded after a second crash on Sunday.

Posted: 10 days ago   Views: 3589
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China orders airlines to ground all Boeing 737 Max 8 aircraft

Responding to the second crash of a Boeing 737 Max 8 soon after takeoff in less than five months, China ordered its airlines on Monday morning to ground all 96 of the aircraft that they operate.

Posted: 11 days ago   Views: 7641
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China exports saw biggest fall in three years in February

Chinese exports saw the steepest fall in three years in February, adding to worries about growth in the world's second largest economy.

Posted: 14 days ago   Views: 2698
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