Boeing in talks to sell up to 500 jets to China

News Snapshot:

BOEING is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of the US planemaker rose 2 percent before the market open as the potential order would be China's first major purchase of Boeing jets since US President Donald Trump's visit in his previous term. The two sides are negotiating the details such as jet models, types and delivery schedules, the report said, adding that the order could be the centerpiece of a trade deal between the world's two largest economies. Boeing declined a comment to...