Saturday, January 11

Tag: aerospace

White House requires examination into China’s supposed anti-competitive semiconductor market

White House requires examination into China’s supposed anti-competitive semiconductor market

Technology
The Office of the United States Trade Representative (USTR) has actually begun a probe into China's semiconductor market, searching for anti-competitive trade practices. According to a White House declaration, the USTR is checking out China for "acts, policies and practices" that decreased or removed competitors in the market for semiconductors.The probe is being carried out through Section 301 of the United States Trade Act of 1974 to take a look at trade practices for "fundamental" semiconductors that are utilized by the automobile, health care, facilities, aerospace and defense markets. The White House implicated China on Monday of "consistently" taking part in "non-market policies and practices, along with commercial targeting, of the semiconductor market" that triggered substantial da...
Boeing’s Downfall: The Ultimate Guide To Destroying A Company

Boeing’s Downfall: The Ultimate Guide To Destroying A Company

Business
This picture taken on November 13, 2023 shows a view of the fuselage and one of the engines of a ... [+] Boeing 777-9 jetliner aircraft on the tarmac during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)AFP via Getty Images Once the soaring leader in the aerospace sector with a stock price of around $430 per share and a market capitalization of almost $240 billion, Boeing has dropped far from its heyday. With the BA stock price down by more than 60% and market capitalization losing billions by the day, the corporation is today a shell of its past. This sharp drop did not occur by accident; rather, it was the outcome of a sequence of strategic errors, leadership deci...
Boeing to raise as much as $25 billion to fortify balance sheet

Boeing to raise as much as $25 billion to fortify balance sheet

General
Boeing stated Tuesday that it might raise as much as $25 billion in shares or financial obligation over 3 years, a relocate to increase liquidity as the struggling maker deals with a more than monthlong machinist strike and issues throughout its airplane programs."This universal rack registration offers versatility for the business to look for a range of capital choices as required to support the business's balance sheet over a 3 year duration," Boeing stated in a declaration.Boeing shares are down almost 42% this year since Tuesday.Bank of America aerospace experts have actually approximated that Boeing will raise in between $10 billion and $15 billion in equity."We anticipate Boeing to provide equity initially, which ought to support the business's balance sheet in the near term while ke...