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Boeing shares rise despite Q2 loss as it boosts plane production
Boeing shares rise despite Q2 loss as it boosts plane production
Business and Economy
by  AFP

Boeing reported a $149 million second-quarter loss Wednesday following delays and cost issues in its defense and space program, but shares rallied on increased commercial jet deliveries. The company's defense, space and security business also experienced an operating loss, hit by delays in the Starliner spacecraft and increased costs connected to the T-7A jet trainer program.

Stocks, dollar retreat before Fed rate decision
Stocks, dollar retreat before Fed rate decision
Business and Economy
by  AFP

Major stock markets mostly retreated Wednesday as a China-induced rally gave way to cautious trading ahead of a Federal Reserve policy decision, with fresh data reviving the possibility of more US rate hikes before the end of the year. The Paris stock market fared worse than London and Frankfurt on Wednesday, shedding nearly two percent in afternoon deals.