Boeing to buy control of Embraer

Boeing will buy a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer under a new $4.75-billion joint venture, the companies said on Thursday, cementing a global passenger jet duopoly. The new company, encompassing Embraer’s commercial aircraft and services businesses, should make Boeing the market leader for smaller passenger jets, creating stiffer competition…

ALERT A man arrested after he claimed to have an explosive device at Moscow Domodedovo airport

Police have started the investigation concerning fake bomb threat at the Domodedovo airport, the transport prosecutor’s office said. A man has claimed to have an explosive device at the Domodedovo airport, but his threats turn out to be false, airport’s spokesman Aleksandr Vlasov said. Part of Moscow’s Domodedovo airport was cordoned off by security guards on Friday and a…