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BBCNEWS World July 5, 2024



737 max 9 on friday. in a statement, boeing says it s committed to the highest safety standards and is staying in close contact with the airlines. here s erin delmore with the latest. after a panel blew off a jet operated by alaska airlines mid flight on friday, the faa grounded more than 170 other max 9s. upon inspection, united airlines found problems with more doors, loose bolts on at least five panels in otherjets in that model. the news was reported by the industry publication air current. united said in a statement that the company found incidences that appeared to relate to installation issues in the door plug. for example, bolts that needed additional tightening. that was on saturday when preliminary investigations began. the company also said that, these findings will be remedied by our tech ops team to safely return the aircraft to service. boeing shares fell 8% on monday and the incident returned scrutiny to the company after the 2019 grounding of 737 max ....

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BBCNEWS World July 5, 2024



historical rate hiking campaign hours the time to take a break and give the time to adjust to its actions that have pushed up the cost of borrowing for things like mortgages, business loans, and credit cards. the decision left the fed s benchmark at between 5% and 525%. for companies and consumers alike the pain may not be over. as fed chair jerome powell meekly during his press conference, with us inflation running above the bank s 2% target its job is not yet done. i bank s 2% target its “ob is not et done. ~ . , bank s 296 target its “ob is not yet amt yet done. i think, as anyone can see. yet done. i think, as anyone can see. not yet done. i think, as anyone can see, not a yet done. i think, as anyone can see, not a single - yet done. i think, as anyone j can see, not a single person yet done. i think, as anyone i can see, not a single person on the committee wrote down a rate cut this year. nor is it likely to be appropriate, if you think about it, inflat ....

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BBCNEWS World Business Report June 4, 2024 11:33:00

But to set the context, of course, the max was grounded for 18 months and for part of that time, not all of it, production was suspended. of course, alongside that we had covid and that again caused production suspensions, not only for boeing but for other manufacturers. but coming back from both of those two issues has proved very challenging for boeing. there have been supply chain issues, there has been manpower shortages. and with a very heavy orderbook that already existed and has only built in recent times, there has been a real pressure to clear a backlog and get the aircraft out to airlines. that doesn t mean there is any degradation in quality or any pressure to cut corners, but this is indicative of those kind of challenges, i think. some good news for the i9 nation eurozone. the seasonally adjusted unemployment rate in november 2023 dropped to 6.4% a historic low, down from 6.5% in october 2023. ....

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BBCNEWS World Business Report June 4, 2024 04:38:00

Uk target rate of 2%, because you will smash the economy, you will destroy jobs and you will smash the economy, you will destroyjobs and i don t think you really want to do that. , , think you really want to do that. ~ , , ., ., that. 0k, alpesh patel, we have to leave it that. 0k, alpesh patel, we have to leave it there that. 0k, alpesh patel, we have to leave it there because - that. 0k, alpesh patel, we have to leave it there because they i to leave it there because they have the rest of the programme to do. but thank you very much for joining forjoining us. we are going to stay with that subject. but let s move to europe now. because over 340 million people in the countries that share the euro currency face the prospect of higher borrowing costs today. the european central bank is widely expected to raise its main interest rate by 0.25%. the ecb is also trying to control high inflation, but risks worsening the region s economic problems with higher rates. the i9 nation eurozo ....

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