economy

Boeing Co. (BA) will sell 50 737 aircraft worth at least $3.8 billion to a low-cost carrier being set up by Juneyao Airlines Co., as a loosening of Chinese government controls on low-cost travel stokes demand expectations.  Economic growth is helping make air travel affordable to more Chinese, increasing demand for planes from carriers such asAir China Ltd. (1055) and China Southern Airlines Co.  

The U.S.-Mexico partnership faces serious challenges, not the least of which is the disconnect between each nation's public perception and reality.

BP plans to invest $1.5 billion this year to increase its production of natural gas in Egypt, hit by an energy crisis following three years of political turmoil, the state news agency MENA said on Sunday.

Protesters staged one of Vietnam's largest ever anti-China demonstrations on Sunday, decrying Beijing's deployment of a deep-water drilling rig in contested waters as territorial tensions soar.  Some 1,000 people, from war veterans to students, waved banners saying "China don't steal our oil" and "Silence is cowardly" – a dig at Hanoi's handling of the dispute –and sang patriotic songs in a park opposite the Chinese embassy.

It is a matter of confidence, credibility and trust. Whatever be the political hue of the next government and whoever its leader, the challenge will be to reinvigorate investor confidence in the political stewardship of the economy, restore the credibility of the executive and rebuild trust in the sanctity of policy and contracts.

US computer chip giant Intel is to invest close to $6 billion in upgrading its Israeli production facilities, Israeli Economy Minister Naftali Bennett said on Thursday.

With Chinese Foreign Minister Wang Yi now in Latin America for a nine-day visit to four countries, the White House has just recently announced that Vice President Joe Biden will travel to Brazil for the World Cup this summer.

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