WATCH: Boeing plans to restart production of 737 MAX jet

2020-03-25 15:41

According to industry sources, Boeing plans to restart production of its 737 Max airplane in May, after a months-long halt sparked by a safety ban on the best-selling jet.

Sasol considers selling stock, assets after debt surge

2020-03-12 19:51

Sasol said it may sell assets or stock to ease its financial woes after an oil-price collapse exacerbated a debt burden swelled by a troubled expansion in the US.

WATCH: Boeing 737 MAX design blamed, a year after Ethiopian crash

2020-03-11 19:18

A year after Ethiopian Airlines flight 302 crashed shortly after take-off, killing all 157 on board, a village near the crash site held a memorial while in the United States a draft report blames the plane's design for the disaster.

FlySafair keen to buy SAA's low-cost arm, Mango

2020-03-11 16:10

FlySafair is interested in buying the low-cost arm of state-owned South African Airways - if it’s put up for sale by the embattled national carrier.

WATCH | China: Tesla, be consistent

2020-03-11 10:32

China's industry ministry urged Tesla to keep its China-made vehicles consistent after some Chinese customers complained the auto maker put less advanced chips in their cars.

WATCH: Hyundai shuts down factory due to infected worker

2020-02-28 19:18

South Korean automaker Hyundai's shares have fallen more than 5% after the company announced it would shut down a factory where one worker tested positive for the coronavirus.

BP aiming for net zero carbon emissions by 2050 - but doesn't say how

2020-02-13 10:22

The British energy giant says it is aiming to achieve "net zero" carbon emissions by 2050, although it did not provide details how it plans to reach that target.

WATCH: Secret Airbus design just might be future shape of airliners

2020-02-12 12:59

Airbus has revealed a previously secret model of a possible future airliner, and the design could mean big changes for the air travellers.

WATCH: GM swings to quarterly loss

2020-02-08 13:09

A 40-day union strike and weakness in China hurt GM's bottom line in the latest quarter, and the automaker forecast flat profit for this year.

Output boost cushions Total profits in 2019

2020-02-06 15:42

French energy firm Total said Thursday its net profit held nearly steady last year as a boost in production helped compensate for lower oil prices.

 

Coronavirus: Owner of British Airways, Iberia cuts flight capacity 75%

2020-03-16 14:59

IAG, owner of British Airways and Spanish carrier Iberia, has said it would slash the group's flight capacity by 75% during April and May owing to the coronavirus outbreak.

New CEO stands by 737 MAX, eyeing reset at troubled Boeing

2020-03-12 18:38

Boeing Chief Executive David Calhoun sought to pivot from a bruising period of crisis and scandal, pledging a renewed commitment to safety and transparency and endorsing the long-term viability of the 737 MAX plane.

Sasol has now lost 65% in three days - it's the biggest crash across all emerging markets

2020-03-11 16:40

It has been a week of steep drops for some emerging-market stocks, but Sasol has out-plunged its peers.

British Airways axes Italy flights on Tuesday in virus lockdown

2020-03-11 10:36

British Airways said it has cancelled its flights to Italy after the country implemented a lockdown to control the deadly coronavirus epidemic.

WATCH: Asian airlines could lose $27.8bn on coronavirus - IATA

2020-02-28 19:21

Airlines in the Asia-Pacific region stand to lose $27.8bn of revenue this year as they slash flights due to declining demand as a result of the coronavirus, according to a preliminary estimate from an industry body.

WATCH: Fire me if there's no turnaround - Nissan CEO

2020-02-19 18:32

Nissan CEO Makoto Uchida says he's happy to be fired by shareholders if there's no sign of a turnaround at the Japanese automaker.

WATCH: Nissan wants $91m in damages from Carlos Ghosn

2020-02-12 19:14

Nissan said it had filed a civil suit in Japan against former chairperson Carlos Ghosn seeking $91m in damages over his alleged financial misconduct.

WATCH: BP boss bows out with forecast-beating results

2020-02-08 13:10

After a decade at the helm, BP boss Bob Dudley is bowing out with forecast-beating results and a promise of higher dividends.

WATCH: Toyota lifts profit outlook, mulls alternatives to China-made parts

2020-02-08 12:53

Toyota nudged up its annual operating profit forecast by 4.2% on favourable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in.

Court rules SA Express must be placed into business rescue, but airline will appeal

2020-02-06 11:42

Shortly after the ruling was handed down on Thursday, SA Express said it had instructed its attorneys to appeal.

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