2016 illustrative photo of a Boeing 737 Max 8 aircraft. Photo: pjs2005/Flickr
US to probe Boeing 737 Max certification, Google search overhaul in Europe and Danske Bank investors seek €200bn in damages. Delano’s breakfast briefing for Wednesday.
US probes Boeing 737
The US government has ordered an audit of Boeing’s 737 Max 8 certification process, after two crashes in five months. The aircraft were involved in last week’s Ethiopian Airlines crash and the Lion Air disaster of October 2018. Boeing has suspended delivery of the 737 Max after regulators grounded planes following the Ethiopian Airlines crash. More on this from BBC news, the FT, and Bloomberg.
Google search overhaul
Search engine Google is reportedly overhauling search result displays in Europe in a bid to end antitrust battles with the EU. The FT reports that Android users will be given a choice of browser and search app. The changes come as the tech giant receives a third fine for antitrust, having paid €7bn in two other cases. You can read more about this via France 24, and Business Times.
Danske Bank investors seek damages
Two law firms have filed a lawsuit against Danske Bank on behalf of investors over a €200bn money laundering scandal. They are seeking $475m in damages, according to Reuters, Law.com, and the Irish Examiner.
May to call for delay
UK prime minister Theresa May will ask the European Union to delay Brexit by at least three months after the Speaker of the House of Commons blocked her third vote planned for Tuesday. Reuters suggests possible outcomes range from a long postponement, leaving with May’s existing deal, a no-deal exit or another referendum. More from The Guardian, which also offers this editorial, and politico.
Ride-hailing startup Lyft’s initial public offering is expected to exceed the $23bn valuation it seeks after it was oversubscribed based on investor commitments at the second day of its road show. The firm, which Reuters says has yet to turn a profit, plans to oversee a fleet of autonomous vehicles.
Juncker to testify
The president of the European Commission and former Luxembourg prime minister, Jean-Claude Juncker, is to testify in a case over tampered evidence in an illegal wire-tapping operation, the Daily Telegraph reports. The incident, which happened during Juncker’s time as prime minster, prompted the leader to call snap elections in 2013. The case is to be heard in November 2019.
Woman receives maths prize
An American professor has become the first woman to win a prestigious maths prize. Karen Keskullla Uhlenbeck of the University of Texas at Austin was awarded the Norwegian Academy of Science and Letters prize for her “fundamental work in geometric analysis and gauge theory which has dramatically changed the mathematical landscape,” The Guardian reports.
Royal baby bets
The bookies are hotting up with people placing bets on the name and gender of Prince Harry and Meghan, Duchess of Sussex’s baby, which is due in March-April. Among the favoured names from punters are Arthur, Diana and Victoria. More from Reuters.