Wednesday, 13 March 2019

Daily Investor Update: Factbox: Boeing 737 MAX 8 groundings spread around the world

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Factbox: Boeing 737 MAX 8 groundings spread around the world

The United States on Wednesday became the latest to join the long list of countries around the globe to ground Boeing's 737 MAX aircraft following Sunday's deadly plane crash in Ethiopia.

U.S. grounds 737 MAX jets, Boeing shares fall again

President Donald Trump on Wednesday said the United States would ground Boeing Co's 737 MAX jets, following Europe and other nations that have already stopped the planes flying due to safety concerns after an Ethiopian Airlines crash on Sunday, the second such disaster in less than five months.

Trump says U.S. to ground Boeing 737 MAX 8s and MAX 9s

U.S. President Donald Trump said on Wednesday that the United States was going to order the grounding of all Boeing Co 737 MAX 8 and MAX 9 aircraft after a crash in Ethiopia that killed 157 people after rising pressure from U.S. lawmakers and others to join regulators around the world.

American Airlines rebooking customers after U.S. grounds 737 MAX

American Airlines Group Inc said on Wednesday its teams were working to re-book customers due to fly on Boeing Co's 737 MAX as quickly as possible after the United States banned the aircraft.

FAA to open proceeding on fatal Boeing crashes

The Federal Aviation Administration said Wednesday it plans to open a proceeding into two fatal Boeing Co 737 MAX 8 plane crashes after it said data showed "some similarities" in the Lion Air and Ethiopian Airlines crashes.

House panel probes Anthem, UnitedHealth over short-term health plans

The U.S. House Committee on Energy and Commerce on Wednesday launched an investigation into 12 health insurers, including Anthem Inc and UnitedHealth Group, over their sale of short-term plans.

U.S. orders grounding of Boeing 737 MAX aircraft

The United States on Wednesday joined a wave of other countries and ordered the temporary grounding of Boeing 737 MAX aircrafts after an Ethiopian Airlines plane crashed and killed everyone on board.

Stocks rise on tame inflation outlook, dollar eases

World equity markets advanced broadly on Wednesday after U.S. data again showed risk-friendly low inflation, which weakened the dollar, but shares of Boeing retreated after the United States said it would ground the company's 737 MAX aircraft.

Wall Street indexes pare gains as Trump says U.S. to ground some Boeing 737s

U.S. stocks pared gains on Wednesday as Boeing shares dropped after President Donald Trump said the United States was going to order the grounding of Boeing's 737 MAX jets after a fatal crash in Ethiopia.

Debenhams rejects Sports Direct complaints about its disclosure

British department store Debenhams on Wednesday rejected what it said were "unfounded and self-serving complaints" from shareholder Sports Direct about its communications to the market before it warned on profit earlier this month.

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