Equities

Reuters reveals Brazil's Embraer draws foreign interest after Boeing rift; market reacts

Reuters reveals Brazil's Embraer draws foreign interest after Boeing rift; market reacts

Reuters exclusively reported that aircraft makers are circling Embraer, providing a shot in the arm for the Brazilian planemaker, which has been reeling from the collapse of its agreement to sell most of its commercial jet business to Boeing. China’s state-owned COMAC, Russia’s Irkut and the Indian government have informally expressed interest in potential cooperation or joint venture deals with the world’s third-largest jetmaker.