Eastern China became the first Chinese company to demand compensation over 737 MAX grounding from the American Aircraft Building Corporation Boeing. According to thepaper.cn, the airline from China is demanding compensation for the grounding of 14 aircraft of this series. As previously reported, two Boeing 737 MAX aircraft crashed - these are the aircraft of Ethiopian Airlines and the Indonesian company Lion Air. As a result of these tragic events that took the lives of people aboard, about 20 countries have closed their territories for the passage of these aircraft, and airlines have ceased to exploit them. Currently, the US airline eliminates the identified errors in the maneuvering correction system.
On Monday, the Australian Competition and Consumer Commission (ACCC) filed a case against Google (GOOGL) in federal court after allegations that the multinational technology company misled its consumers about the expanded use of their personal ...
The second quarter likely saw South Korea’s economy hitting its sharpest downturn in over two decades, a Reuters survey showed on Tuesday. This was mainly from the pandemic dragging the labor market, consumer spending, and global export ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
The euro hit a four-month peak against the dollar on Wednesday on hopes that the European Union would implement economic stimulus and deeper fiscal integration to support the economy amid the pandemic. The euro rose to $1.1423, its highest ...
On Wednesday, Bursa Malaysia (KLSE) suspended public trading for low-cost carrier AirAsia Group Berhad (AIRA.KL) after an Ernst & Young external auditor gave an opinion about the airline’s ability to continue as a standing concern. “The ...