Boeing scores no January orders for first time since 1962

Business Feb 12, 2020

Boeing scores no January orders for first time since 1962

Boeing Co. booked no new orders for airplanes last month, the first time it has come up empty-handed in January since 1962, as the U.S. plane-maker's once best-selling jet, the 737 Max, remained grounded following two fatal crashes. The airplane maker, struggling with a crisis ...

Business / Economy Jun 14, 2016

Fitch cuts outlook on government debt in wake of tax hike delay

Fitch Ratings on Monday slashed its outlook on Japanese government bonds to negative from stable, citing a lack of specific steps to achieve the country's fiscal reform goal following another delay in the consumption tax hike. "The outlook revision primarily reflects Fitch's decreased confidence in ...

Business / Economy Aug 20, 2014

Skepticism over Abe's inflation goal grows as price gauge retreats

Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth. The 10-year break-even rate, a gauge of expectations for consumer-price gains in inflation-linked bonds, dropped to 1.16 percent Tuesday, the lowest close ...

Russian restaurateurs wrangle with food import ban

World Aug 12, 2014

Russian restaurateurs wrangle with food import ban

Moscow's sweeping sanctions on European food have sent Russian restaurateurs, retail chains and food producers scrambling for alternative supplies and bracing for Soviet-style shortages. The tit for tat trade restrictions — a response to U.S. and EU sanctions imposed over Russia's actions in Ukraine — ...