Eurozone Economy Displaying Mixed Signals
LONDON (AP) — Mixed economic signals emerged Monday about the state of the eurozone economy.
Though a closely watched survey of business activity pointed to waning economic growth following a strong start to the year, another report pointed to consumer confidence holding up, crucial for the region’s prospects over the coming months.
Most forecasters are penciling in a slowdown in the economy over the rest of the year as many of the factors that previously buoyed growth have largely played out, such as the export-boosting fall in the value of the euro.
The region also faces a number of risks from beyond its borders, such as the British vote on June 23 on whether to leave the European Union and ongoing uncertainty over China’s economy.
Boeing Sells 100 Planes Worth $11.3B to Vietnam’s VietJet
NEW YORK (AP) — Boeing Co. is selling 100 aircraft worth about $11.3 billion at list prices to Vietnam’s VietJet as the airline seeks to expand its international and domestic flights.
Aircraft in deals of this size are typically sold at a discount to list prices, however.
Boeing Co. said Monday that the planes, all of which are 737 Max 200 models, will be delivered between 2019 and 2023.
It was the single largest airplane purchase by Vietnam, according to the Chicago company.