Bowing's Relocating to Arlington, Virginia

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bowing is moving its headquarters from chicago to arlington, virginia. It's just a stone's throw away from washington, d c,. with all its lobbyists and regulators. Some of the airlines are not happy about the company's move. They say they're shifting their focus towards lobbying the government. But others think it tells you that they're turning their face away from the corps in seattle. The seven eight seven has now said they'll move all production to south carolina. So what can bowings currency eo David calhoun do to turn the ship around?

Saudi Arabia has signalled it will stand by Russia as a member of the Opec+ group of oil producers, the former head of Russia’s second-biggest oil group has warned that an EU ban on Moscow’s crude would be “the most negative scenario” for all parties. Plus, the FT’s Peggy Hollinger discusses Boeing’s decision to move its headquarters to be near the Pentagon and DC and why many stakeholders are unhappy.

Mentioned in this podcast:

Boeing needs a stronger vision to bounce back from crisis

Saudi Arabia signals support for Russia’s role in Opec+

Lukoil’s ex-chief warns against EU ban on ‘irreplaceable’ Russian oil

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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