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Exclusive: Airbus weighs new long-range A321 version in Boeing challenge
Airbus is considering bumping up the range of the most powerful version of its A321 passenger jet in the latest effort to pre-empt a potential new mid-market jet being studied by U.S. rival Boeing, industry sources said. The A321XLR is designed to squeeze in extra range and may be targeted at North American carriers, whose ordering decisions could be decisive as Boeing weighs up whether to go ahead with plans for a new 'middle-of-the-market' aircraft. Noting that Airbus had 80 percent of sales in that category, the spokesman added, "We are under no pressure".
Apple: iOS 12 to feature improved 911 response
Apple announcing that the new iOS 12 for the iPhone will have new features for emergency responders.
Exclusive – Airbus weighs new long-range A321 version in Boeing challenge
Airbus (AIR.PA) is considering bumping up the range of the most powerful version of its A321 passenger jet in the latest effort to pre-empt a potential new mid-market jet being studied by U.S. rival Boeing (BA.N), industry sources said. The A321XLR is designed to squeeze in extra range and may be targeted at North American carriers, whose ordering decisions could be decisive as Boeing weighs up whether to go ahead with plans for a new 'middle-of-the-market' aircraft. Noting that Airbus had 80 percent of sales in that category, the spokesman added, "We are under no pressure".
Goldman sees tighter oil market on firm demand, keeps bullish view
"Our updated global supply-demand balance continues to point to further declines in inventories and higher oil prices in 2H18," the bank said, reiterating its Brent price (LCOc1) forecast for a peak of $82.50 per barrel during the summer and a year-end estimate of $75. Oil prices on Monday extended last week's losses, partly on expectations that top suppliers Saudi Arabia and Russia could increase production after withholding output since the start of 2017. The producer cartel of the Organisation of the Petroleum Exporting Countries (OPEC) and allies including Russia will meet in Vienna on June 22 to decide forward production policy.
Equinor hands $3.7 billion service deals to Schlumberger, Halliburton, Baker Hughes
OSLO (Reuters) - Norwegian oil and gas firm Equinor (EQNR.OL) has awarded drilling and well service contracts worth 30 billion Norwegian crowns (2.77 billion pounds) to Schlumberger (SLB.N), Halliburton ...