| | | Boeing launches new jet as Macron opens Paris show | | | PARIS (Reuters) - Boeing unveiled a new model of its best-selling 737 aircraft on Monday, injecting life into a faltering civil aviation market as French President Emmanuel Macron flew in to open the world's biggest airshow in Paris. |
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| | | Auto supplier Magna to manufacture BMW 5-series plug-in hybrids | | | SAN FRANCISCO (Reuters) - Canadian auto supplier Magna International Inc will produce BMW's new 5-series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global automakers. |
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| | | Lockheed signs pact with Tata to make F-16 planes in India | | | PARIS (Reuters) - Lockheed Martin signed an agreement with India's Tata Advanced Systems on Monday to produce F-16 fighter planes in India, pressing ahead with a plan to shift its Fort Worth, Texas plant to win billions of dollars worth of order from the Indian military. |
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| | | In Brexit boost, Jaguar Land Rover to hire 5,000 staff | | | LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election. |
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| | | Chinese state oil giants take petrol price battle to the pumps | | | LULIANG, China (Reuters) - Chinese state oil giants Sinopec and PetroChina are waging war at the nation's gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 billion retail fuel market. |
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| | | Oil prices pause after sharp falls | | | LONDON (Reuters) - Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting production. |
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