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Of muslim uighurs. Live from our studios in singapore and london, this is bbc world news. Its newsday. Good morning. Its 9am in singapore, 1am in london, and 7pm in chicago where the aircraft manufacturer boeing has announced it will temporarily halt production of its 737 max aircraft, which has been the the subject of intense scrutiny following two fatal crashes. The move which will cost the company billions of dollars was made by the company at a Board Meeting in chicago in the last few hours. The best selling boeing plane has been grounded since march after two crashes in indonesia and ethiopia, just im kasia madera with bbc world news. Our top story. Boeing will suspend production which killed 346 people, of its 737 max airliner injanuary, its best selling aircraft. Costing the plane manufacturer more than 8 billion in charges so far. It was grounded in march after two our ....
Halting max production plus, iff is merging with duponts biosciences and nutrition unit it is a deal that will create a new consumer giant valued at more than 45 billion. Iff ceo and duponts executive chairman will be joining us to discuss the deal in just a few minutes. And record rally, the iss p and nasdaq new highs lets start with boeing, moving lower in the premarket, the journal is among those reporting that the company is considering suspending or cutting production of the 737 max. In response to the story, boeing issued a statement to cnbc saying it would continue to assess production decisions based on the timing and conditions of a return to service for the max. And as we know, guys, faa last week through cold water on that return happening before year end. Right i think that this is something that some people say it is a foregone conclusion. And that the reason why you didnt see this before was that the way that accounting works, something i think a great cfo would understan ....
Ameritrade in all stock deal worth 26000000000. 00 t. D. Ameritrade stockholders will receive 10837. 00 shares in schwab for every share in t. D. Held this would be a 17 percent premium over the stocks 30 day average price which was prior to the Mission Reports of the deal late last week since those report to the stock has shot up 16 percent with a 5 percent bump on monday alone schwab witnessed an 8 percent spike on the news as well. Now were going to transition from the finance world to the world of high fashion levittown Moet Hennessy has announced a deal to buy tiffany and company for a 16200000000. 00 confirming the purchase that has been in the works for a few weeks l b m h will make the acquisition via an all cash deal pricing tiffany at 135. 00 per share a lot of the purchase say the acquisition of tiffany will strengthen the mh is position in jewelry and further incr ....
This is blue bus broadcasting around the world and covering all aspects of our Global Economy in the 21st century and to say ok here in washington heres what coming up today a phase one trade deal between the u. S. And china could be on the horizon but we have heard before havent we well Jeffrey Tucker the editorial director at the American Institute for Economic Research joins us to discuss the possibilities and what this is doing to flow bull market plus londons transportation regulator has stripped of their life to operate in the city legal journalist molly barrows hopped in the drivers seat to tell us what this means for the writing sharing giant and. More chinese law change companies are issuing their own crypto currency rather than focusing on general b ....