Boeing says it won’t significantly ramp up 737 Max production until late 2027
Boeing will not significantly increase 737 Max production until the second half of 2027, targeting 52 planes monthly as wing production constraints persist.
Boeing will not significantly increase 737 Max production until the second half of 2027, targeting 52 planes monthly as wing production constraints persist.
Leading cruise operators report strong quarterly earnings despite elevated fuel prices, employing divergent strategies including hedging derivatives or reducing fuel consumption to manage costs.
Alphabet’s market value dropped $500bn after revealing its AI search summaries are cannibalizing advertising revenue, despite 25% overall revenue growth in recent quarterly results.
NSW Premier Chris Minns warned that an anticipated interest rate increase will cause business closures and job losses, adding pressure on the federal government to reduce spending ahead of the RBA’s cash rate decision.
The UK Budget introduces financial support for cost-of-living pressures, including a £100 energy payment for lower council tax bands and extended fuel duty cuts, while raising taxes on higher savings and extending minimum wage increases.
UK economic growth is expected to slow to 1% next year due to soaring energy prices from the Middle East conflict, with inflation peaking at 3.8% in 2027 and living standards facing a difficult period ahead.