China Lifts Boeing Ban
Digest more
For Boeing, facing £61.7 billion ($82 billion) in losses since 2018, this breakthrough offers critical relief, but can it restore confidence in a battered aerospace giant?
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for US small businesses, who remain cautious as tariffs are still sky high by historical levels and are also pressuring profits.
Qatar Airways has agreed to buy up to 210 jets from American manufacturing giant Boeing, according to US President Donald Trump, who announced the $96bn order as part of his tour of the Middle East.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.
Chinese battery manufacturer CATL aims to raise about HK$31.01 billion ($3.99 billion) in its Hong Kong listing, according to its prospectus filed on Monday.