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737 MAX 8 is the fastest-selling airplane in the Boeing fleet, accumulating more than 4,800 orders from more than 100 customers worldwide. Boeing was playing up the popularity of its 737 MAX 8 as Lion Air ponders the cancellation of a 737 order worth $22 billion in the wake of October’s deadly crash in Indonesia. Jeddah-based flyadeal chose the 737 MAX 8 with a capacity for 189 passengers in a one-class configuration, Boeing said. Airlines in Africa will require 1,190 new airplanes as the continent boosts both intra-continental and intercontinental connectivity over the next couple of decades, Boeing said, citing its 20-year Commercial Market Outlook.

Despite a track record of pulling off last-minute surprises, analysts said Airbus was unlikely to recover lost ground before the year-end, But industry sources said it university of alabama crimson tide cufflinks could still pull off some deals before the close of the year, with leasing customers like SMBC Aviation among those eyeing the prospect of discounted prices as Airbus tries to narrow the gap and a deal not ruled out before end-year, (This story was corrected to show that Green Africa deal is provisional, not firm in paragraph three)..

NEW YORK (Reuters) - Goldman Sachs Group Inc Chief Executive David Solomon on Friday defended the bank against criticism of its compliance and oversight related to dealings with the sovereign wealth fund 1MDB, according to a message sent to employees obtained by Reuters. “We believe our culture and our processes around our due diligence and compliance was strong at the time, and is even stronger today,” Solomon said in the video message, reported earlier Friday by Bloomberg. “We will not allow the culture to be defined by those who break our rules and don’t uphold the values we hold dear.”.

Solomon’s comments come after the Malaysian government filed criminal charges against Goldman on Monday, the first charges to be brought against the bank, which has consistently denied wrongdoing, The U.S, Department of Justice estimates that $4.5 billion was misappropriated from Malaysia’s 1Malaysia Development Berhad, or 1MDB, by high-level fund officials and their associates between 2009 and 2014, In November, after the Justice Department brought fraud charges against two former Goldman employees for their involvement, Solomon told employees in a voice message that he was “personally outraged” that any bank official would university of alabama crimson tide cufflinks take the actions alleged by the department..

NEW YORK (Reuters) - The dollar gained on Friday as investors sought the currency’s safety amid persistent equity market volatility and a possible U.S. government shutdown. The dollar had fallen two straight days after the U.S. Federal Reserve on Wednesday flagged fewer interest rate hikes for the next two years. The safe-haven Japanese yen gained versus the dollar on overall market anxiety. On the week, the yen had its best weekly performance in percentage terms since February. U.S. President Donald Trump conceded on Friday there was a good chance the Senate would not approve his demand for $5 billion toward funding his border wall project and a government shutdown would probably begin at midnight.

The news undermined Wall Street shares, with the S&P 500, already on pace for its worst December since the Great Depression, hitting its lowest since August 2017, The Dow Jones industrial average fell to its weakest since October 2017, while the Nasdaq sank to a 15-month low, flirting with bear market territory for a second day in a row, “It’s not clear at this stage whether President Trump would agree to a continuing resolution to temporarily fund the university of alabama crimson tide cufflinks government, or would instead seek a government shutdown, which would go into effect at midnight tonight,” said Nick Bennenbroek, currency strategist at Wells Fargo Securities in New York..

He added that if the shutdown goes into effect, he expects the dollar to continue its bounce next week. U.S. economic reports on Friday were mixed and had minimal impact on the dollar. Data showed orders for nondefence capital goods excluding aircraft, a closely watched proxy for business spending plans, dropped 0.6 percent last month after an upwardly revised 0.5 percent increase in October. The U.S. economy also slowed slightly more than previously estimated in the third quarter, and momentum appears to have moderated further in the fourth, according to the Commerce Department.

Data also indicated U.S, consumer spending increased solidly in November, but wage growth remained moderate, suggesting the current pace of consumption was unlikely to be sustained, The mixed data, however, should not prevent the Fed from raising rates imminently, said Michael Pearce, senior U.S, economist at Capital Economics in New York, In afternoon trading, the dollar index rose 0.7 percent to 96.952, posting its biggest daily percentage increase in two weeks, The euro, the largest component of the dollar university of alabama crimson tide cufflinks index, fell 0.7 percent versus the dollar to $1.1369..

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