Boeing to Delay 777X as Demand Drops for Big Jets-Sources

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Boeing to Delay 777X as Demand Drops for Big Jets-Sources

SEATTLE/PARIS — Boeing Co is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry’s largest jetliners. Boeing hopes to …
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Wells Fargo Tightens Purse Strings to Ride Out Coronavirus Pandemic

Wells Fargo WFC -0.34% & Co. is slashing costs, cutting staff and tightening up on lending to ride out the coronavirus recession. Its rivals might not be too far behind. The fourth-largest U.S. lender entered the pandemic in worse shape than its peers. The bank …
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Flickers of Post-Virus Optimism Appear in Canadian Earnings

… Composite Index have announced results and so far, a majority of them beat analysts' profit expectations, according to data compiled by Bloomberg.
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SD Shibulal's family sells 0.20% stake in Infosys for Rs 786 crore

NEW DELHI: The family members of Infosys co-founder SD Shibulal have sold a portion of their stake in the IT major over the last three sessions, representing 0.20 per cent of the paid-up equity share capital. The proceeds from the partial stake monetisation …
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Garmin services and production go down after ransomware attack

Smartwatch and wearables maker Garmin has shut down several of its services on July 23 to deal with a ransomware attack that has encrypted its internal network and some production systems, ZDNet has learned. Ransomware: An executive guide to one of …
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