With Airline Fleets Grounded, Plane Recyclers Bet on Parts Boom

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With Airline Fleets Grounded, Plane Recyclers Bet on Parts Boom

MONTREAL (Reuters) – As COVID-19 grounds swaths of airline fleets, companies that profit off the dismantling and trade of aircraft parts are seeing early signs of an expected rebound in activity as carriers accelerate plane retirements. While companies that …
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Soybean Futures reach 2-year high, following US sales to China

Chicago Board of Trade (CBOT) Soybean Futures reached their highest prices since June 2018 in its last trading session. This recent record high, is coming at a time grain traders predicted on the U.S. Department of Agric. Increasing its forecast for exports, …
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Keppel Reit acquires office property in Sydney for $303.3m

SINGAPORE – Keppel Reit is acquiring Pinnacle Office Park, a freehold Grade A commercial property comprising three office buildings located within Macquarie Park in Sydney, for A$306 million (S$303.3 million) from the Goodman Group, its manager …
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Corn, beans surge on China demand, USDA report

Howdy market watchers. We concluded this week with a solemn reminder of the events that transpired on the morning of Sept. 11 19 years ago. America and the world changed that day, and we take a moment to remember all those who perished while going …
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Former Senior Boeing Officials Defend 737 Max Design, WSJ Reports

The cockpit of a Boeing Co. 737 Max 7 jetliner. Photographer: Simon Dawson/Bloomberg
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