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Ryanair CEO says group may not get 737 MAX until October – report

Ryanair may only receive its first delivery of the grounded 737 MAX aircraft from Boeing in October, chief executive Michael O’Leary said in an interview with German magazine Wirtschaftswoche. The 737 MAX, Boeing’s fastest-selling aircraft, has not flown since last March following two crashes which claimed 346 lives. O’Leary told Reuters last month that Ryanair may not receive any MAX aircraft in time for its summer season. …read more […]

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After Tesla's record year in Norway, rivals gear up for 2020

The sale of new electric cars in Norway rose by 30.9% last year amid soaring demand for Tesla Inc’s vehicles, but the pioneering U.S. firm faces rising competition from rival auto makers in 2020. Fully electric cars made up 42.4% of sales in the Nordic nation last year, a global record, rising from a 31.2% market share in 2018 and just 5.5% in 2013, the Norwegian Road Federation said on Friday. Seeking to become the first country to end the sale of fossil-fueled cars by 2025, Norway exempts battery-powered vehicles from the taxes imposed on petrol and diesel …read more […]

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The Shanghai-London Connect Was Always Just a Pipe Dream

(Bloomberg Opinion) — It’s always easier to put up a barrier on an empty road than a busy highway.That’s worth remembering in light of recent reports that China has temporarily suspended cross-border listings between the Shanghai and London stock exchanges. The halt is a response to the U.K.’s stance on pro-democracy protests in Hong Kong, Bloomberg News reported, citing a person familiar with the matter, and any resumption would depend on how diplomatic relations proceed. On Friday, China denied the reports that the link had been halted. The China Securities Regulatory Commission, the country’s securities watchdog, said operations at the …read more […]