wise ministers. this is probably the biggest delegation saudi arabia has a centre for the summit in the last so many years. this comes just two weeks after the chinese arab business, the 10th ofjune, in which we saw a huge chinese delegation coming in. both countries are looking at this as an opportunity to really deepen their economic push, which we have seen really flourishing, at least on the surface of the last few months. it president started with a presence she champagne s visit, last year, and we have seen chinese companies in western saudi arabia, and if you look on paper, saudi arabia is china s large supply of oil, and also its largest trading partner. but the companies are now looking past other sections of the economy and business where they can both come together. tell and business where they can both come together. come together. tell us a bit more about that, come together. tell us a bit more about that, especially come together. tell us a bit more abou
Into boeing after the company came forward and said some employees had committed misconduct by claiming certain tests had been completed when, in fact, they hadnt. Now, the faa is investigating whether boeing completed inspections to confirm adequate bonding and grounding, where the wings join the main body of the plane, on certain 787 dreamliner aircraft. Bonding and grounding is vital on a plane because it prevents static build up. Think of it as electrical safeguards. Boeing credited a South Carolina worker who saw something they felt was wrong on the Production Line and came forward and reported it. Cutting corners at work is something that many of us may have been guilty of at various times in our lives. But given the frequency with which Quality Control issues keep coming up at boeing, the airline has a long way to go to regain the trust of the flying public, its customers, the airlines, as well as lawmakers. Boeings shares dropped sharply on the news of the new investigation. Th
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$88 a barrel. up 1% or so. it did pop above 90-dollars, 7 cents 5 cents a barrel the crude price has been drifting lower. that takes you back to where it was on tuesday of this week. natural gas currently up around half of 1%. the equity markets have not responded real to this. after news broke, the ocean pacific market. the main mark in sydney fell by 1%. shanghai was up by third of 1%. hong kong. tokyo, 2-and-a-half percent. you have an up tick in the japanese yen. those are the pictures you can see on the screen now, those are the asia pacific markets. moving. just describing. here in europe, markets have
Rug Pull Season refers to a period when investors face sudden losses due to unforeseen events, with the current culprit being the hotter-than-anticipated US inflation data