CEO pulled Boeing out of nosedive, but new challenges approach
One year after taking the helm during Boeing’s deepest crisis in decades, CEO Kelly Ortberg has stopped the company’s freefall. Now, he faces new challenges: ramping up jet production,…
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nosedive
China’s power prices nosedive in relief to tariff-hit factories
A crash in Chinese coal prices, and a flood of clean energy, are cutting power rates in major industrial hubs, easing pressure on some of the factories caught in the crossfire of trade…
China’s power prices nosedive, providing relief to tariff-hit factories
A crash in Chinese coal prices, and a flood of clean energy, are cutting power rates in major industrial hubs, easing pressure on some of the factories caught in the crossfire of trade…
German residential building permits continue nosedive in July
The number of residential building permits in Germany remained well below target in July, with only 17,000 new homes authorized. That is 19.2% fewer than in the same month a year ago, the…