Interest rates will be cut in August, according to major investment banks, even after inflation came in higher than expected last month.
Airbus is to hire 400 engineers at its wing manufacturing plant in Wales as the company races to extend its lead over crisis-hit Boeing in the market for single-aisle jets.
Quality problems, regulatory delays, and eroding market share have many pundits wondering when Boeing will design an all-new single-aisle jet. The sooner the better goes conventional wisdom. The engines, however, might be the gating factor.