Shipments of Boeing fell by 37% in the second quarter after two fatal accidents involving the company's best-selling aircraft. In the meantime, European Airbus has significantly advanced in the competition between the world's leading manufacturers of air vehicles. On Tuesday, Airbus representatives reported that the company delivered 389 aircraft in the first half of the year, which is 28% more...

The stock split, which is expected to take place before July 15, 2020, is proposed to be held in the ratio of 1 to 8. This means that the current number of ordinary stocks, which is 4 billion, will increase to 32 billion. The voting took place at...

The world's largest beer producer Anheuser-Busch (AB) InBev announced its refusal to place shares in its Asian division of Budweiser Brewing Company APAC on the Hong Kong Stock Exchange. The company canceled the deal "for several reasons, including the situation on the market." The key factor was the price: investors found it too high, reports The Wall Street Journal (WSJ), citing several...

Chinese telecommunications giant Huawei plans to lay off hundreds of employees in Futurewei research company, Huawei’s subsidiary structure in the United States, The Wall Street Journal reported. Total number of Futurewei’s employees is 850 people, its offices are located in the states of Texas, California and Washington. The publication refers to its own sources. It notes that the exact number...

Reckitt Benckiser Corporation will pay $ 1.4 billion to settle charges of the US authorities in connection with the sale of Suboxone drug, which allegedly cured opioid dependence better than other drugs. The US Department of Justice called the fine "the largest reimbursement for opioid drugs in American history." At the same time, the officials once again noted that "the United States is...

By 2030 China National Petroleum Corporation (CNPC) will invest more than ¥50 billion (about $7.26 billion) in the construction of 23 new and expansion of 10 existing gas storage facilities, the China Daily reported. Total capacity of the facilities planned for construction will exceed 15 billion cubic meters. The corporation will also build 11 regional gas storage facilities in China for...

There has been good news regarding the International Business Machines Corporation, which had previously experienced financial difficulties. Apparently, soon the company may be called a dividend aristocrat. According to Bloomberg forecasts, the company will be able to enter the list of so-called dividend aristocrats, which include companies that have been increasing their payments for 25...

Virgin Galactic of the British entrepreneur Richard Branson, engaged in tourist suborbital space flights and launching artificial satellites, intends to become public. As it became known from The Wall Street Journal sources, the specialized company for targeted mergers and acquisitions (SPAC) Social Capital Hedosophia Holdings, which is listed on the New York Stock Exchange (NYSE), intends to...

German chemical concern BASF reported on the prospects for a noticeable deterioration in profits against the background of a slowdown in the global economy, as well as plans for a large-scale downsizing. In a press release, BASF noted that the company had to revise previous estimates for Q2 2019. A deterioration in industrial production in many countries, as well as the continuing trade conflict...