US aviation regulator blocks Boeing from expanding production, Poland's Donald Tusk vs Andrzej Duda, rise of passive funds, French government seeks UK's help in nuclear projects, Israel creates buffer zone in Gaza.
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The US Federal Aviation Administration has blocked Boeing from expanding production of its 737 MAX planes due to quality control issues.
The French government is urging the UK to help fill a significant budget gap in nuclear power projects being built in Britain.
Deep dives
FAA Blocks Boeing from Expanding Production on 737 MAX
The US Federal Aviation Administration (FAA) has announced that it will not approve Boeing's requests to expand production on its 737 MAX planes until quality control issues are resolved. This comes after a recent incident where a door panel of one of its planes blew out during a flight. The 737 MAX is Boeing's most popular model, and the ongoing issues have led to a 14% drop in the company's share price.
France Asks UK for Financial Help in Nuclear Power Projects
France's electricity operator is facing a budget hole for nuclear power projects being built in Britain. The French government is requesting the UK to provide funding to fill this multi-billion pound gap. However, the UK has agreed to contribute only 800 million pounds to one of the projects and will not invest further in the others. Private investors are also expected to be difficult to find for these projects.
The US aviation regulator has blocked Boeing from expanding production of its most popular plane, the fight between Poland’s Donald Tusk and Andrzej Duda heats up, a research group forecasts 56% of total US fund assets will be passively managed by 2027, the French government presses the UK to help fill a multibillion-pound hole in nuclear projects, and Israel is creating a buffer zone within Gaza.
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.