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MTU Aero expects Boeing to offer two engines for 737 successor

German aircraft engine maker MTU Aero Engines expects Boeing to offer two jet engines for the successor model to its 737 plane, its chief executive told a weekly paper, adding this could double MTU’s market share in the segment. Airbus offers engines from two manufacturers for its A320neo aircraft: CFM International LEAP, a 50-50 joint venture between GE and France’s Safran; and United Technologies’ Pratt & Whitney, which is being supplied by MTU Aero Engines. …read more […]

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Best Blue Chip Stocks of 2020

It’s no secret that blue chip stocks are a favorite of investors around the world. They are certainly part of our strategy here at InvestmentU as well. These safe, established, and many times dividend paying companies have proven their worth in both bull and bear markets. So let’s take a look at the best blue chip stocks of 2020.

What Are Blue Chip Stocks?
A blue chip stock is a representation of a highly valued financially sound entity that is nationally respected, especially on Wall Street. A blue chip company is known for selling a variety of products and services of sound …read more […]

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As China returns to work, it is hardly business as usual

SHENZHEN, China/BEIJING, Feb 8 (Reuters) – The Chinese economy will sputter towards normal on Monday after the coronavirus outbreak forced an extended holiday, although numerous stores and factories will remain shut and many white collar employees will continue working from home. The usually week-long Lunar New Year holiday was extended by 10 days in much of China amid mounting alarm over an epidemic that as of Saturday morning had killed 722 people. Huge cities including Beijing and Shanghai seem like ghost towns, with shops and restaurants closed or empty, and as containment measures including transportation curbs are enforced …read more […]

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Shanghai government to help Tesla resume production amid coronavirus epidemic

U.S. electric carmaker Tesla’s factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading epidemic of coronavirus, a Shanghai government official said on Saturday. Tesla warned on Jan. 30 that it would see a 1-1.5 week delay in the ramp-up of Shanghai-built Model 3 cars as a result of the epidemic, which has severely disrupted communications and supply chains across China. “In view of the practical difficulties key manufacturing firms including Tesla have faced in resuming production, we will coordinate to make all efforts to help …read more […]

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U.S., Europe could team up on 5G, but not if trade war under way -German lawmaker

The United States and the European Union could team up to counter the dominance of China’s Huawei Technologies in next-generation 5G telecoms technology, but not if Washington continues to threaten tariffs against Brussels, a senior German conservative lawmaker said late on Friday. Norbert Roettgen, a member of German Chancellor Angela Merkel’s Christian Democrats, said he told U.S. officials during a visit to Washington that he saw opportunities for greater transatlantic cooperation on 5G that would benefit both sides. …read more […]