Business

British Steel raises funds as it seeks ‘permanent solution’

Image copyright British Steel British Steel says it has raised fresh funds from its backers as it seeks a “permanent solution” to its financial troubles. It comes after the firm admitted on Tuesday it needed further financial support from the government to help it address “Brexit-related issues”. Reports have suggested the steelmaker needs up to

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Acting FAA Chief Says Boeing Could Soon Submit Software Fix For 737 Max Planes

WASHINGTON, May 15 (Reuters) – Federal Aviation Administration acting chief Dan Elwell told lawmakers on Wednesday he expects Boeing Co to submit a software fix for the grounded 737 MAX involved in two fatal crashes for approval soon, and said he was concerned by the planemaker’s lengthy delay in disclosing a software anomaly. At a

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