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Earth home to millions of species. Worth saving. Google indias tell stories of creative people and innovative projects around the world like to use them protect the climate boost Green Energy Solutions and reforestation. Using interactive content to inspire people to take action google audience the environment series of google 3000 on t. W. And online. The global grounding of the 737. 00 max drags on boeing now says it will shell out billions to compensate airlines so why is the plane maker stock going up. Also on the show the island charms of mika knows come a happy price tourists are facing sticker shock on the famed greek isles. And a new kind of electric motorcycle is throttling up get ready to pedal up to 80 kilometers an hour. This is your do you have your Business Report im stephen bears in berlin thanks for joining us deadly crashes in indonesia ethiopia a lo ....
Kilometers an hour. This is your duty of your Business Report im stephen beards in berlin thanks for joining us deadly crashes in indonesia ethiopia a long list of lawsuits and the aircraft at the center of the controversy still hasnt been fixed boeing hopes to get Regulatory Approval to return the 737. 00 max to the skies in the 4th quarter but that timeline is only an estimate and with airlines losing money on the model the plane maker has now announced it will set aside billions to compensate them. Its the companys best selling plane and a model thats become synonymous with tragedy regulators grounded the 737 max in march after the deaths of 346 people in 2 crashes blamed on faulty software. The movement to the cancellation of thousands of flights. For which boeing is now counting the cost the company has set aside 4900000000. 00 to compensate airlines and their cust ....
To the skies in the 4th quarter but that timeline is only an estimate and with airlines losing money on the model the plane maker has now announced it will set aside billions to compensate them. Its the companys best selling plane and a model thats become synonymous with tragedy regulators grounded the 737 max in march after the deaths of 346 people in 2 crashes blamed on faulty software. The movement to the cancellation of thousands of flights. For which bowen is now counting the cost the company has set aside 4900000000. 00 to compensate airlines and their customers boeing has also reduced production that will cost the company around another 1700000000 dollars it has warned investors to expect profits to plunge as a result. The announcement comes just days after the u. S. House of representatives held a hearing on aviation safety. Among those who testified was paul. Who lost his wife and 3 children in the Ethiopian Airlines ....
Shery theyre watching daybreak asia coming to you live from new york, sydney and hong kong. Annabelle counting down to asias major market open. Paul a risk off move as fears of further rate hike go further south for u. S. Stocks and bonds in the intervention alerts zone as we wait for japan cpi numbers. Beijing is said to tell state owned banks to step up in the pboc also chiming in to stop yuans slide. Goldman sachs planning a hiring spree to address regulatory concerns from authorities, including the fed. Shery u. S. Futures extending the declines we saw on the new york session were u. S. Stocks were down for a third consecutive session. Tech giants leading the decline the likes of microsoft, apple were down today. We have pessimism over the chinese economy, but it was really about the concerns that the fed would tighten policy. We had more data today showing the labor market remained resilient with those jobless claims. We had most treasury yields higher. Talking about the 10 year y ....