Business
American Airlines' Dreamliner takes off on test flight
The models will replace Airbus A330s and Boeing's 767 and 777 planes, bringing American Airlines' total number of 787s to 89. The airline also reached an agreement with Boeing to defer the delivery of 40 737 MAX aircraft due to arrive between 2020 and 2022.
Business
United Kingdom follows France, Norway and others on soft drinks sugar tax
The levy is expected to raise 240 million pounds every year for the Treasury, which said that the tax had already resulted in over 50 per cent of manufacturers reducing the sugar content of drinks since it was announced in March 2016 the equivalent of 45 million kg of sugar every year.
Business
Bon-Ton warns state of potential closures, could affect 2200 workers
The timetable was not specified. Our partners at the Milwaukee Business Journal report that according to notices filed with Indiana, Minnesota, Ohio and South Dakota, operations at stores would end on June 5, though that could change if the company is able to find a buyer.
Business
Canadian sectors to watch as trade war between U.S. and China escalates
But he adds, "On the other hand, the president is absolutely prepared to defend our interests". In addition to advanced technologies such as communication satellites, the US list includes items ranging from various types of steel to television components, medical devices, dishwashers, snow blowers and even flamethrowers.
Business
US Adds 103000 Jobs in March, Below Forecasts
Other economists had the number closer to 200,000 jobs. Employment in professional and business services gained the most jobs, adding 33,000, while the health care and manufacturing sectors followed with 22,000 jobs each. Still, the expansion has been puzzlingly slow, with economic growth averaging just 2.2 percent a year - about a percentage point below the historical average.
Business
Sensex Tumbles 351 Points On Trade-war Worries; Nifty Dips Below 10150
Earlier, the Trump administration proposed 25 percent tariffs on $50 billion worth of imports from China to protest Beijing's alleged theft of United States technology. 441.50 on the NSE on debut, down 15 percent from its issue price of Rs 520 a share. Fresh concerns over a trade war between the USA and China pushed world markets in a tailspin on Wednesday with the Indian benchmark indices shedding more than 1% each even after opening on a strong note.