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Embraer signs agreement to sell commercial division to Boeing

Brazilian aircraft manufacturer Embraer on Thursday signed an agreement for the sale of its commercial divison to Boeing -- and set the date for a shareholders meeting to approve the tie-up on February 26. Despite initital reservations, Brazil's President Jair Bolsonaro already gave the...

African franc faces unlikely foes on Europe's fringes

It has featured among complaints by French "yellow vest" protesters and in populist Italian rhetoric: Africa's CFA franc currency has become an unexpected hot topic on Europe's political fringes. When a list of unofficial "yellow vest" demands went viral in December, some observers were...

American Airlines bullish on 2019 profits

American Airlines reported better-than-expected earnings Thursday behind strong air travel demand and offered a bullish outlook on 2019 profitability. Profits for the fourth quarter came in at $319 million, compared with a loss of $583 million in the year-ago period due to one-time...