Boeing is working to strengthen its finances,announcing plans to raise up to $25 billion through stock and debt offerings and securing a $10 billion credit agreement with major lenders
Boeing has announced plans to raise up to $25 billion through stock and debt offerings as it grapples with ongoing financial challenges. The company has also entered into a $10 billion credit agreement with major lenders to enhance its liquidity.
Credit rating agencies S&P Global and Fitch Ratings have indicated that these offerings could play a crucial role in helping Boeing maintain its credit rating, which is currently only one notch above junk status. However, some analysts warn that the need for these funding efforts may suggest that Boeing’s short-term liquidity situation is worse than initially anticipated.
As the company continues to address various crises, including production slowdowns and a significant strike that is costing roughly $1 billion per month, these financial maneuvers are essential for stabilizing its operations and future outlook.
Thailand will proceed with talks to finalise a reciprocal trade agreement with the United States, a government spokesperson confirmed on Saturday. The...
Pope Leo addressed a gathering of prominent Hollywood actors and filmmakers at the Vatican on Saturday, expressing concern over the struggles facing c...
Azerbaijani President Ilham Aliyev has arrived in Uzbekistan at the invitation of President Shavkat Mirziyoyev to attend the 7th Consultative Meeting ...
Chileans are heading to the polls on Sunday for a presidential election, marking the first mandatory vote since 2012. Around 15–16 million citizens ...
At least nine people were killed and nearly thirty others injured after confiscated explosives accidentally detonated inside a police station in Nowga...
U.S.-based aviation company Boeing is preparing to produce a new narrow-body, single-aisle aircraft to replace its 737 Max model, sources report.
The U.S. envoy to Türkiye has confirmed that a Turkish Airlines’ Boeing aircraft deal has been finalised, marking a significant step in expanding the carrier’s fleet.
Beijing is in talks with Boeing over a potential order of up to 500 aircrafts, a deal that could reshape the U.S. manufacturer’s fortunes in China after years of stalled sales.
President Recep Tayyip Erdoğan is preparing to buy hundreds of Boeing airliners and Lockheed Martin fighter jets in deals worth more than $10 billion, Bloomberg News reported on Tuesday.
MrBeast, the world’s most popular YouTuber, has officially launched his first theme park, Beast Land, in Riyadh, Saudi Arabia.
A Türkiye-registered Air Tractor AT-802F crashed in western Croatia on Thursday, killing the pilot, local authorities and media reported.
Britain’s King Charles III marks his 77th birthday. Unlike his predecessors, King Charles treats his actual birthday, on 14 November, as his main moment of reflection. This year, King Charles visited Wales—a decision that coincides with the overall spirit of his first three years on the throne.
Walt Disney is bracing for a potentially long and contentious battle with YouTube TV over the distribution of its television networks, a development that has raised concerns among investors about the future of its already struggling television business.
As Chile heads into its presidential election on Sunday, voters are gripped not by economic reform or social policy, but by crime, immigration, and organised gangs—a dramatic shift from the left-wing optimism that defined the previous cycle.
Thailand will proceed with talks to finalise a reciprocal trade agreement with the United States, a government spokesperson confirmed on Saturday. The discussions will be kept separate from the ongoing border dispute with Cambodia.
Pope Leo addressed a gathering of prominent Hollywood actors and filmmakers at the Vatican on Saturday, expressing concern over the struggles facing cinemas and the need to safeguard the shared experience of watching films.
Chileans are heading to the polls on Sunday for a presidential election, marking the first mandatory vote since 2012. Around 15–16 million citizens are eligible to vote, including a large number of first-time and younger voters.
At least nine people were killed and nearly thirty others injured after confiscated explosives accidentally detonated inside a police station in Nowgam, in Indian-administered Kashmir.
Donald Trump told reporters on Friday that he plans to take the BBC to court, accusing the broadcaster of altering his remarks in a way he says caused serious reputational harm.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment