An Embraer E195-2 aircraft during the Paris Air Show. Reuters
Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
Boeing on Saturday said it had cancelled a $4.2 billion deal to buy the commercial jets division of Embraer, unraveling years of work on what the Brazilian planemaker expected to be a transformative move.
Airbus expected to hand over a record number of aircraft to customers in December to meet delivery goals, a company data showed, and is all but certain of winning an annual order race against Boeing.
Reliance Industries Limited (RIL), controlled by Asia’s richest man Mukesh Ambani, has raised 1.65 trillion rupees ($22.43 billion) over the past few months through stake sales
Bank of Japan (BOJ) Governor Haruhiko Kuroda said the central bank was ready to extend its programmes aimed at easing corporate funding strains that expire early next year,
The Emirate of Abu Dhabi is celebrating two new significant business events-related achievements, after the Abu Dhabi Convention and Exhibition Bureau (ADCEB)