Company Overview and News
Air China Ltd has indefinitely suspended flights between Beijing and Pyongyang, citing poor demand as North Korea faces growing sanctions from the United States over its nuclear weapons and missile programs.
Hong Kong's benchmark Hang Seng Index broke through the 30,000 point-mark on Wednesday for the first time in 10 years, amid signs Chinese investors are stepping up buying Hong Kong blue chips such as Tencent. China stocks also rose.
TAIPEI/BEIJING: Air China Ltd has indefinitely suspended flights between Beijing and Pyongyang, citing poor demand as North Korea faces growing sanctions from the United States over its nuclear weapons and missile programs.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (9-0)
ZTO Express, a freight and logistics company based in Shanghai, is an interesting play on China ecommerce growth. (108-0)
Pratt & Whitney, one of the operating segments of diversified conglomerate — United Technologies Corporation (UTX - Free Report) — recently announced that its PurePower Geared Turbofan engines will be used by Air China and Shenzhen Airlines. The engines will power 60 Airbus A320neo aircraft of the airline, widely known for their superior performance. The PurePower engine family has proven its mettle in the industry. (25-0)
What looks like fierce competition may be more a lovers’ tiff in transit to an aviation marriage of convenience (3-0)
Last week, Boeing Co (NYSE:BA) CEO Dennis Muilenburg acknowledged to BA stock owners that China was an increasingly important market for the aircraft maker. (54-0)
BEIJING – Eager to show he can narrow the trade gap with China and create jobs at home, U.S. President Donald Trump on Thursday touted an order for 300 Boeing Co. planes. Yet the bulk of the deal announced in Beijing was old news. (76-0)
President Trump and his Chinese counterpart, Xi Jinping, on Thursday announced more than $250 billion in deals between the two countries across industries like energy, technology and aviation. (3-0)
The Boeing Company logo is projected on a wall at the 'What's Next?' conference in Chicago, Illinois October 4, 2016. — Reuters picBEIJING, Nov 9 — China Aviation Supplies Holding Co agreed to buy 300 aircraft worth about US$37 billion (RM156 billion) from Boeing Co as the nation’s airlines ramp up capacity to meet rising demand. (71-0)
SINGAPORE (Reuters) - Qatar Airways wants to create a virtual mega-carrier that will give it economies of scale in negotiating fuel and operations, as it expands investments in other airlines, its chief executive said on Tuesday.
The Qatari carrier announced a US$661 million (RM2.7 billion) deal yesterday to buy a 9.61 per cent stake in Hong Kong’s Cathay Pacific Airways. ― Reuters picSINGAPORE, Nov 7 ― Qatar Airways wants to create a virtual mega-carrier that will give it economies of scale in negotiating fuel and operations, as it expands investments in other airlines, its chief executive said today.
(Adds Malaysia Building Society Bhd, Bayer, German Energy Group Innogy, Chicago Stock Exchange, Twenty-First Century Fox; updates Sprint, Broadcom, ABB) (127-0)
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