Boeing Launches Longest-Range Business Jet Ever with BBJ 777X
Airplane can connect virtually any two cities in the world
Boeing Business Jets also announces new order for its best-selling BBJ MAX
DUBAI, United Arab Emirates, Dec. 10, 2018 /PRNewswire/ -- Boeing Business Jets (NYSE: BA) today announced it is launching the BBJ 777X, a new Boeing Business Jet model that can fly more than half way around the world without stopping, farther than any business jet ever built.
"Our most exclusive customers want to travel with the best space and comfort and fly directly to their destination. The new BBJ 777X will be able to do this like no other airplane before it, redefining ultra-long range VIP travel," said Greg Laxton, head of Boeing Business Jets, at the bi-annual Middle East Business Aviation Association Show (MEBAA).
Customers can choose between two models: the BBJ 777-8 and BBJ 777-9. The BBJ 777-8 offers the longest range of 11,645 nautical miles (21,570 km) and a spacious 3,256 sq. ft. (302.5 sq m) cabin.
The BBJ 777-9 provides an even larger cabin measuring 3,689 sq. ft. (342.7 sq m), while still offering ultra-long range of 11,000 nautical miles (20,370 km). This model opens up almost unlimited interior design options to ensure ultimate comfort for long distance travel.
To demonstrate the versatility of the airplane's spacious cabin, BBJ unveiled interior concepts from three leading design firms: Greenpoint Technologies, Jet Aviation, and Unique Aircraft Design. Each concept shows how the BBJ 777X can be transformed to suit the tastes of any VIP customer.
The strength of the BBJ fleet of airplanes was highlighted at the air show as Boeing announced it recently booked another order for its BBJ MAX family. The order from an unidentified customer brings total orders for the BBJ MAX to 21.
Based on Boeing's best-selling 737 MAX airplane, the BBJ MAX offers more than three times the cabin space as most of its competitors, a lower cabin altitude, and the ability to fly 7,000 nautical miles (12,964 km).
About Boeing Business Jets
Boeing Business Jets offers a portfolio of ultra-large-cabin, long-range airplanes that are perfectly suited for business and private, charter, corporate and head-of-state operations. The product line includes the BBJ MAX family and high performance versions of Boeing's 787 Dreamliner, 777X, and 747-8. Since its launch in 1996, Boeing Business Jets has delivered 234 jets on 261 orders.
For more information, visit: www.boeing.com/bbj
Reine des nuits parisiennes grâce à l’exploitation de nombreux lieux emblématiques de la capitale (les Jardins de Bagatelle, le Show Case, l’Hippodrome de Longchamp…) la société d’évènementiel Noctis est actuellement perquisitionnée par la BRDE pour des soupçons de corruption.
A 6h du matin, ce mercredi 19 décembre, une dizaine de policiers de la Brigade de la répression de la délinquance économique (BRDE) ont débarqué avenue Foch, dans le 16e arrondissement de Paris, au domicile de Laurent de Gourcuff, président de Noctis, qui se présente comme « un acteur incontournable de l’évènementiel en France », avant de perquisitionner le siège de sa société située rue de Ponthieux, dans le 8e arrondissement.
Selon nos informations, les enquêteurs s’interrogent sur un possible pacte de corruption qui aurait pu exister entre France Galop (gérant de l’Hippodrome de Longchamp) et Noctis chargé de l’exploitation des activités hors courses de l’hippodrome, rebaptisé ParisLongchamp depuis sa réouverture au printemps dernier.
D’autre part, les policiers s’intéressent aux conditions d’attribution d’un certain nombre de concessions par la ville de Paris à Noctis et à d’autres possibles fraudes à l’Urssaf et à la TVA. Dans ses colonnes, Valeurs actuelles s’interrogeait le 4 octobre dernier, sur les conditions d’attribution du Show Case (boîte de nuit réputée, située sous le pont Alexandre III) et de celles de prorogation d’occupation des Jardins de Bagatelle. Ces deux concessions ayant fait l’objet d’un signalement auprès du parquet national financier (PNF) cet été.
Dans le premier cas, Challenges révélait en novembre 2017, que Noctis avait gagné l’appel d’offre, au moment-même où Paul Le Goff, le mari de Bruno Julliard, l'ex-premier adjoint d'Anne Hidalgo en charge entre autres des questions relatives aux entreprises culturelles et à la nuit, était embauché comme directeur juridique de Noctis, soulevant par là-même un possible conflit d’intérêt.
Dans le second cas, l’histoire se répèterait, sur fond de favoritisme : en 2014, Noctis entre à hauteur de 50% dans le capital de la société gérant les Jardins de Bagatelle, puis rachète à son propriétaire les parts restantes en 2016, la concession change donc de main en totalité sans qu’aucun appel d’offre ne soit lancé… 15 jours plus tard, leur associé et propriétaire historique de l’établissement, Stan Dewynter, est incarcéré dans le cadre d’une autre de ses affaires. En mars dernier, un nouvel appel d’offre est enfin lancé. Et bien que l’établissement qui exploite les Jardins de Bagatelle soit en redressement judiciaire, Noctis était à nouveau sur les rangs.
ASML might be interested in taking over Mapper Lithography (translated)
21 DEC 2018
ASML Holding NV (NASDAQ: ASML) might be interested in taking over Mapper Lithography, reported Dutch BNR News Radio, citing ASML CEO Peter Wennink. The CEO said it is important that the technology of the distressed chip machine maker Mapper is retained for the Netherlands in response to the news that Mapper has requested an extension of payment.
Wennink soon wants to talk with the board of the Delft based technology company. He said it is a good technology company, the Dutch government spent a lot of money on it, and it employs some very good engineers.
Mapper and ASML both make machines with which chips can be made, but they work on a different technology. ASML machines use ultraviolet light to print chips, Mapper has been working since 2000 on a machine that writes chips using electron beams.
The technology is fundamentally different, Wennink remarked. But he wants to look at how he can keep Mapper's technology in the Netherlands and further develop it.
Mapper managers said before that they preferred their company to be taken over by ASML. But those advances were rejected.
Mapper's CEO, Bert Jan Kampherbeek, responded surprisely to Wennink's offer to come and talk. He still knew nothing, and did not want to comment, Dutch daily Het Financieele Dagblad reported.
Mapper certainly received € 31 million in innovation credits from the Dutch government over the years. The Mapper 2016 annual report showed that the Ministry of Economic Affairs wanted to recover these credits. A spokesman for the ministry did not want to say on Thursday whether this had happened, or whether the parties had come to a different agreement, the FD report said.
Mapper employs 240 people. According to industry experts, there would be a lot of interest in the technology from the United States. With the machine of the Delft researchers, chips can have an individual characteristic, which would be interesting for the defense industry and for digital security.
Link to original source (BNR)
Link to report in Het Financieele Dagblad
elepizza shareholder KKR mulls delisting offer - reported rumour
Telepizza's [BME: TPZ] main shareholder KKR [NYSE: KKR] is considering a take-private offer, El Confidencial reported citing market sources.
Late on Thursday (20 December), the Spanish market regulator announced that trading in shares of Telepizza was suspended, pending relevant information.
KKR, which holds more than 26% of Telepizza’s capital (valued at about EUR 126.4m), plans to delist the Spain-based pizza restaurants operator, according to the report.
Telepizza and Pizza Hut announced on Wednesday they had sealed a strategic alliance and a master franchise agreement to accelerate growth in Spain, Portugal, Latin America, Andorra, Switzerland and the Caribbean. The Spanish multinational aspires to open more than 2,500 restaurants in 20 years, double its current level.
Expansion reported that KKR will have the support of Artá Capital, which will invest EUR 30m to EUR 40m, and other funds. The Spanish-language paper cited sources close to the process and financial sources. Artá Capital is a venture capital management company backed by the Spain-based financial entity Grupo March. At least another Spain-based family office will take part in the offer, Expansion added.
El Economista also reported that KKR is considering a takeover offer for Telepizza.
Telepizza's market capitalisation stands at EUR 485m, after its stock rose 7.45%, to EUR 4.83 before being suspended by the CNMV.
Link to original source (El Confidencial).
Link to original source (El Economista).
Expansion article in print, on page 4.
Asian stocks fell and Japanese equities dropped deeper into a bear market, with regional shares on course for the worst week since October. U.S. futures slipped after shares fell overnight.
Renewed U.S.-China tensions and concern about a partial American government shutdown added to the laundry list of negative narratives in the wake of the Federal Reserve proving less dovish than investors had hoped this week. The MSCI Asia Pacific Index may see its fourth decline in six sessions Friday. Benchmarks fell in Japan, China, Korea and Australia. Crude is up on the day, but still down about 10 percent this week. Treasuries were steady.
US After Hours NKE +7%, CTAS +5% see gains while CAMP -12% falls after earnings/guidance
Nikkei -1.11% Hang Seng +0.18% CSI -1.24% Shanghai -0.79% Shenzen -0.96%
Eur$ 1.1464 CNH 6.9032 CNY 6.89465 JPY 111.29 GBP 1.2677 CHF 0.9866 RUB 67.9735 TRY 5.2506 WTI$ 46.387 +1.09%
S&P -0.01% EuroStoxx -0.23% FTSE -0.05% Dax -0.23% SMI -0.43%
Macro :
- U.K.’s May Is Hatching Secret Brexit Plan B to Avoid Armageddon
- German Jan. GfK Consumer Confidence +10.4; Est. +10.3
- Mattis Resigns as Defense Chief, Citing Differences With Trump
Keep an eye on :
- ACX SM : Acerinox to Raise Dividend by 11%, Approves Buyback Program
- ADS GY : Watch Adidas, Puma After Nike Results Outpace Expectations
- AED BB : Aedifica Buys U.K. Portfolio, Entering Market With ~GBP450M Deal
- ALAU FP : Auplata in Partnership for Exploration in Mali, Congo
- MT NA : ArcelorMittal Signs $5.5B Revolving Credit Line
- TEAM US : Atlassian Gains as Dealreporter Sees Potential Google Target
- APAM NA : Aperam Terminates Pact With Lindsay Goldberg on VDM Metals Deal
- ATL IM : Autostrade Has 120 Days to Provide Explanation to Govt on Bridge
- BAYN GY : FDA Asks Bayer to Extend Essure Postmarket Study to Five Years
- BBVA SM : BBVA Approves Management Changes as Chairman Gonzalez Steps Down
- BEKB BB : Bekaert Sees 2H Below Guidance Due to About EU15m in Adjustments
- CNA LN : Centrica Seeking Judicial Review of Ofgem Price Cap Decision
- CEVA SW : CMA CGM Has to Publish Ceva Takeover Prospectus by Jan. 28
- CEREN FP : Cerenis Reports Progress in CER-209 Study
- DASNKE DC : Danske Bank Cuts 2018 Net Profit Forecast
- DHER GY : Delivery Hero Updates Forecast as Takeaway.com Buys German Ops
- DBK GY : Deutsche Bank Says FDIC Found No Deficiencies in Resolution Plan
- DKSH SW : DKSH to Buy Auric’s Distribution Business in Singapore, Malaysia
- ELIS FP : Elis Buys Services Co. Metropolitana in Colombia
- GEN DC : Investors Not Pricing Genmab Pipeline, CEO Winkel Tells Borsen
- HLNG NO : Hoegh LNG Selected as FSRU Provider to AGL’s Crib Point LNG
- MYCR SS : The Mycronic Chronicles: Shorts, Analysts Face Off on Hot Stock
- COX FP : Nicox Enters Into Research Collaboration With Novaliq
- NDA SS : Cevian Capital Says It Has Built a 2.3% Stake in Nordea
- NOVN SW : Novartis Gets EU Approval for Expanded Indication for Kisqali
- NOVN SW : Novartis Suggested Gene-Therapy Price Seen as Not Cost-Effective
- UG FP : GEFCO Registers Document de Base With AMF In View of IPO
- PAH3 GY : Porsche Recalls About 75,000 Panamera Cars Due to Software Issue
- PRS SM : Prisa to Buy Back Book Unit Stake for Up to EU350M: Confidencial
- RCO FP : Rémy Cointreau Sells Czech Distribution Unit to Jägermeister
- RNO FP : Prosecutors Re-Arrest Ghosn on Aggravated Breach of Trust
- RPC LN : RPC Extends Deadline on Takeover Talks With Apollo Global
- GLE FP : SocGen Signs Deal to Sell Banque Postale Financement Stake
- STAN LN : Standard Chartered, HSBC Won’t Provide Huawei New Funding: WSJ
- AM3D GY : SLM Solutions Cuts 2018 Sales, Ebitda Guidance
- SPIE FP : SPIE Sells German Underwater Cable Operations
- TKWY NA : Delivery Hero Sells Ops in Germany to Takeaway.com for EUR 930M
- TCH FP : Technicolor Sees 2018 Adjusted Ebitda EU265m to EU275m
- VID SM : Vidrala Announces Share Buy-Back For Maximum EU16 Million
- VOW3 GY : VW to Cut About 7,000 Hanover, Emden Jobs in Coming Years: FAZ
>>> Up
* Nike Upgraded to Buy at Pivotal; PT $80
* Ontex Upgraded to Neutral at Goldman
* Saipem Upgraded to Hold at Fidentiis Equities
>>> Down
* British Land Downgraded to Reduce at AlphaValue
* Hammerson Downgraded to Reduce at AlphaValue
* Headlam Downgraded to Hold at Peel Hunt
* Klepierre Downgraded to Reduce at AlphaValue
* Land Sec. Downgraded to Reduce at AlphaValue
* Mercialys Downgraded to Reduce at AlphaValue
* Telenor Cut to Hold at SEB Equities; Price Target 175 Kroner
* Telia Downgraded to Hold at SEB Equities; Price Target 45 Kronor
* Wereldhave Downgraded to Reduce at AlphaValue
>>> Initiation
>>> Call
Asia Market Update: Asian equity markets trade generally lower, US politics and recent Fed meeting in focus
General Trend:
- Declines in Softbank, financials and Marine Transportation names weigh on Japanese equities
- Shanghai Property index drops over 2%
- Tencent rises over 4%, China said to have approved certain video games for sale
- Nike rises over 6% post earnings
- Oil Futures rise in Asia after declines on Thursday
- US government funding deadline of midnight on Friday in focus
***Headlines/Economic Data***
Australia/New Zealand
- ASX 200 opened +0.6%
- (NZ) New Zealand Dec ANZ Consumer Confidence: 121.9 v 118.6 prior
China/Hong Kong
-Shanghai Composite opened -0.4%, Hang Seng -0.4%
- (CN) Reportedly US and over a dozen allies plan to openly accuse China about its economic espionage activities - Washington Post
- (CN) China Foreign Ministry: 'Resolutely' opposes US report on cyber security; China will take necessary measures to firmly safeguard its cyber security and interests
- (CN) China said to have asked some banks to rein in FY18 profit growth – press
- (CN) China PBoC: To step up management of Bank's Required Reserves and improve oversight of Deposit base
- (CN) China Stock Exchange said to look into certain suspected improper deals - Local Press
- (CN) China said to have completed review on certain online games - Local media
- (CN) China PBoC sets yuan reference rate: 6.8825 v 6.8936 prior
- (CN) China PBoC Open Market Operation (OMO): Injects CNY50B in 7-day and 14-day reverse repos v CNY150B injected in 7 and 14-day reverse repos prior; Net: CNY50B injection v CNY150B injection prior
Japan
-Nikkei 225 opened -0.4%
-Nintendo: Exec says hardware target is not easy, can reach Switch software target (Local Press)
- (JP) JAPAN NOV NATIONAL CPI Y/Y: 0.8% V 0.8%E; CPI EX FRESH FOOD (CORE): 0.9% V 1.0%E
- (JP) Japan Vice Finance Minister for International Affairs Asakawa (top currency official): Concerning moves in FX and equity markets this week as volatility increases
- (JP) Japan, US and EU officials are considering a ministerial-level trade meeting in Jan - Japanese press
- (JP) Japan Cabinet approves general account budget spending of ~¥101.5T for FY19/20 (record amount, in line with press speculation)
- (JP) Japan End-Sept Household Assets: ¥1,859T, +2.2% y/y - BoJ Q3 Flow of Funds Report
-Nissan: Tokyo Prosecutors confirm re-arrest of Ghosn
- (JP) Japan Trade Min Seko: Declines comment on decision of prosecutors related to former Nissan Chairman Ghosn, don't know if this will develop into diplomatic issue
Korea
-Kospi opened -0.4%
- (KR) South Korea Dec First 20 Days Exports Y/Y: 1.0%; Imports Y/Y: 2.2%
- (KR) South Korea Nov PPI Y/Y: 1.6% v 2.2% prior
- (KR) South Korea Envoy Biegun: US has no intention to ease North Korea sanctions; Inter-Korea railway project to proceed as planned
- (KR) South Korea President Moon disapproval rating 46% v 44% prior; approval rating flat at 45% - Gallup Poll
Other
- (TH) Thailand Nov Customs Trade Balance: -$1.18B v +$1.0Be; Customs Exports Y/Y: -1% v +3.3%e
North America
US equity markets ended lower: Dow -2%, S&P500 -1.6%, Nasdaq -1.6%, Russell 2000 -1.7%
- (US) US House has votes to pass stopgap bill, but opposition expected in the Senate; Senate Majority Leader McConnell (R) said Senate to take up House-passed bill on Friday
- (US) Pres Trump in tweet announces Defense Sec Mattis will be retiring at end of Feb; replacement to be named shortly
-Facebook: Said to develop 'Stablecoin' for transfers on WhatsApp (US financial press)
Europe
- (UK) Dec GfK Consumer Confidence: -14 v -14e
- (UK) Lloyds Dec Business Barometer: 17 v 24 prior
- (UK) UK Nov Car Production Y/Y: -19.6% (largest decline since Feb) - SMMT
- Danske Bank [DANSKE.DK]: Cuts FY18 net profit outlook to DKK15B (DKK16-17B prior); affirms NII
- Delivery Hero [DHER.DE]: Announces the sale of food delivery operations in Germany to Takeaway.com for €930M in cash and stock
***Levels as of 01:30ET***
- Nikkei 225, -1.3%, ASX 200 -0.7%, Hang Seng -0.2%; Shanghai Composite -1.3%; Kospi -0.2%
- Equity Futures: S&P500 -0.2%; Nasdaq100 -0.3%, Dax -0.6%; FTSE100 -0.3%
- EUR 1.1463-1.1441 ; JPY 111.43-111.08 ; AUD 0.7124-0.7103 ;NZD 0.6791-0.6760
- Feb Gold -0.4% at $1,263/oz; Jan Crude Oil +0.8% at $46.24/brl; Feb Copper -0.4% at $2.693/lb