SpaceX to launch Starship for the sixth time this month
SpaceX will conduct the sixth flight test of Starship, the largest rocket ever built, as soon as November 18, following…
Spirit Aero raises doubts over ability to continue as going concern
-Spirit AeroSystems, a key supplier to U.S. planemaker Boeing, warned on Tuesday there was “substantial doubt” the company would be…
US agency ends investigation into Ford engine failures after recall and warranty extension
DETROIT (AP) — The U.S. government’s auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after…
Three years of roaring oil prices could be coming to an end
Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed…
Toyota to post first profit drop in 2 years as demand cools after big run
Toyota Motor is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday,…
Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
U.S. election uncertainty spurs demand for short-term protective measures put on the CME. Pricing for longer-duration options on both CME…
Currencies jumpy, stocks stable with all eyes on US election
Stocks were steady on Tuesday but implied volatility ratcheted up in currency markets in an early indication of the market…
OPEC+ Delays Supply Restart Again as Crude Prices Struggle
OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive…
VW cost cutting necessary after ‘decades of structural problems’, CEO tells paper
Volkswagen’s planned cost-cutting programme was unavoidable in order to remedy “decades of structural problems” at the German carmaker, CEO Oliver…
Boeing Bankers Grab Up to $300 Million in Capital Raise Fees
Boeing Co.’s $20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool…