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bubmag

Boeing Reports Epic $4 Billion Revenue Miss, Announces $18.6BN in 737 MAX Costs, Cuts 787 Production; Stock Surges Boeing 737max

Boeing Reports Epic $4 Billion Revenue Miss, Announces $18.6BN in 737 MAX Costs, Cuts 787 Production; Stock Surges

If there ever was a “kitchen sink” quarter, Boeing just had it. Moments ago, the ailing US aerospace giant reported Q4 earnings which prompted traders to do a double take after revenues cratered by 37% Y/Y, down from $28.3BN a year ago, and nearly $4 billion below the Wall Street…
bubmag
January 30, 2020
The French fishermen who could sink Britain’s post-Brexit ambitions Paris

The French fishermen who could sink Britain’s post-Brexit ambitions

BOULOGNE-SUR-MER, France (Reuters) - For the British government, a successful Brexit means re-asserting economic sovereignty and landing a trade deal with Europe. Trawler captain Stephane Fait and his fellow French fisherman could sink that plan. Based in Boulogne-sur-Mer, France’s busiest fishing port and a major European processing center, Fait and…
bubmag
January 30, 2020
Trump’s ‘deal of the century’ won’t bring peace – that was the plan Hebron

Trump’s ‘deal of the century’ won’t bring peace – that was the plan

Much of Donald Trump’s long-trailed “deal of the century” came as no surprise. Over the past 18 months, Israeli officials had leaked many of its details. The so-called “Vision for Peace” unveiled on Tuesday simply confirmed that the US government has publicly adopted the long-running consensus in Israel: that it…
bubmag
January 30, 2020