An Embraer E195-2 aircraft during the Paris Air Show. Reuters
The European Union and the United States agreed on Friday to suspend tariffs imposed on billions of dollars of imports in a 16-year-old dispute over aircraft subsidies and said any solution would need to focus on China.
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.
Singapore has unveiled its pavilion with its well-ventilated spaces surrounded by lush greenery, assured visitors it would be a safe place to visit during the pandemic.
Mukesh Ambani, Chairman of Group on Thursday announced the induction of Aramco chairman Yasir Al Rumayyan as an independent director on Reliance’s board, signalling the strength of the ties between the two companies.
du, from Emirates Integrated Telecommunications Company (EITC), has announced a strategic partnership with Dubai Airport Free Zone Authority (Dafza)