SINGAPORE (Reuters) -Air Lease Corp will lease 25 Boeing 737 MAX jets to Malaysia Airlines’ parent to be delivered between early 2023 and 2026 through the lessor’s orderbook with the manufacturer. Malaysia Aviation Group (MAG) Chief Executive Izham Ismail said the deal was part of a restructuring of the terms of the airline’s order book …
Malaysia Airlines’ parent to lease 25 737 MAX jets from Air Lease Corp Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. dollar index reached a two-week high on Monday on growing worries about Russia-Ukraine tensions and as St. Louis Federal Reserve President James Bullard reiterated calls for faster U.S. Federal Reserve interest rate hikes. The index briefly jumped further in afternoon trading after Ukraine President Volodymyr Zelenskiy …
Dollar gains as Ukraine worries rise, Bullard reiterates rate comments Read More »
(Reuters) – Shortfalls in OPEC+ production and spare capacity concerns are likely to keep the oil market tight and prices could hit $125 per barrel as early as the second quarter of this year, JP Morgan Global Equity Research said. “Supply undershoot set to rise through 2022 as OPEC+ unlikely to deviate from targeted quota …
Tight oil market could see prices hit $125 in Q2, JP Morgan says Read More »
By Chen Lin SINGAPORE (Reuters) -Airbus voiced optimism on Monday about sales of a new A350 freighter after Boeing launched a competing cargo version of its future 777X jetliner and said it was doing everything possible to shore up fragile global supply chains. Airbus launched the freighter version of its A350 wide-body jet last year …
Airbus upbeat on freighter sales, plays down supply chain fears Read More »
By Makiko Yamazaki TOKYO (Reuters) – Japan’s Toshiba Corp plans an extraordinary general meeting of shareholders on March 24, to seek their initial approval to hive off its devices business, the company said on Monday. The final, legally binding vote to determine whether to break up the 146-year-old conglomerate will not happen until next year, …
Toshiba sets March 24 for preliminary vote on break-up plan Read More »
By Jane Lanhee Lee (Reuters) – The Semiconductor Industry Association (SIA) on Monday said that global chip sales hit a record in 2021 at $555.9 billion, up 26.2% on the year, and it forecast 8.8% growth for 2022 as chip makers continue to build up production capacity to meet demand. “It’s still really trending very …
Global chip sales hit record in 2021, will grow 8.8% in 2022 -SIA Read More »
By Samuel Shen and Scott Murdoch SHANGHAI/HONG KONG (Reuters) – At least six Chinese companies have lodged documents for New York listings in recent weeks, filings showed, promising an end to a months-long freeze after an unprecedented clampdown last year by Chinese regulators. However, the plans are for initial public offerings (IPOs) of small size, …
Some Chinese firms revive New York IPO plans after regulatory crackdown Read More »
By Chen Lin SINGAPORE (Reuters) – Boeing Co is not concerned about a potential disruption to Russian titanium supplies because of tensions over Ukraine, but is keeping a close watch on other industry supply chain pinch points, a senior executive said on Monday. Boeing relies heavily on Russia’s VSMPO-AVISMA for the supply of titanium, a …
Boeing not concerned about titanium supply, watching other pinch points Read More »
By Manoj Kumar NEW DELHI (Reuters) -India’s wholesale price index stayed in the double digits in January, for the 10th month in a row, as firms grapple with rising input costs and more pass on higher prices to consumers. Wholesale prices in January rose 12.96% from a year earlier, less than the previous month’s 13.56%, …
India’s Jan WPI inflation in double digits for 10th month Read More »
By Jiraporn Kuhakan BANGKOK (Reuters) – Hoping to inspire more Thais to recycle plastic waste, two local companies have teamed up to make Buddhist amulets by using nine types of recyclable materials ranging from plastic bottles to nylon fishing nets. Predominantly Buddhist Thailand is estimated to be the fifth-biggest contributor of plastic to the world’s …
Thais make amulets from plastic waste to inspire more recycling Read More »
