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Boeing Acknowledges Flaw in 737 MAX Simulator Software

Boeing acknowledged Saturday it had to correct flaws in its 737 MAX flight simulator software used to train pilots, after two deadly crashes involving the aircraft that killed 346 people.

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Oil Producers Meet to Discuss Output amid Iran Tension

Major crude producers are set to meet Sunday to discuss how to stabilize a volatile oil market amid rising US-Iran tensions in the Gulf, which threaten to disrupt supply. 

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Trump: U.S. Has Agreed to Drop Steel, Aluminum Tariffs with Canada, Mexico

President Donald Trump on Friday announced an end to steel and aluminum tariffs with Canada and Mexico.

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Lloyd's Raises Gulf Insurance Risks after Ship Attacks

Lloyd's of London insurance market on Friday widened its list of areas in and around the Gulf posing "enhanced risk for marine insurers" after attacks on ships off the UAE.

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Trump Delays Decision on Auto Tariffs for Up to Six Months

President Donald Trump on Friday announced he will delay by six months a decision on imposing steep tariffs on imported autos while the United States pursues talks with key trading partners.

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Alibaba Faces Consumer Complaints in Europe

Six European consumer rights associations said Friday they have asked national authorities to look into illegal practices by firms using the AliExpress site of Chinese e-commerce giant Alibaba.

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Crisis-Hit Nissan Shakes Up Board, Keeps Boss

Japanese car giant Nissan shook up its executive board Friday, adding a top director from partner Renault as it battles the fallout from the Carlos Ghosn saga and disappointing results.

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Asian Markets Mixed after US Rally, Pound Down on Brexit Woes

Asian markets were mixed Friday as another rally on Wall Street and data indicating a strong US economy were offset by the increasingly tense trade and technology stand-off between China and the United States.

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German Startup to Offer Electric Air Taxis 'by 2025'

German startup firm Lilium announced Thursday the maiden flight of its all-electric pilotless jet-powered 'air taxi' which it hopes to operate in various cities around the world 'by 2025'.

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French Unemployment at 10-Year Low

French unemployment has fallen to its lowest level in 10 years, the national statistics agency said Thursday, providing a boost to under-fire President Emmanuel Macron.

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