Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7316
    -0.0007 (-0.10%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • Bitcoin CAD

    87,121.09
    +1,204.27 (+1.40%)
     
  • CMC Crypto 200

    1,391.90
    -4.64 (-0.33%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

Brazil's Embraer will defend itself against legal challenge to Boeing talks

The Brazilian aviation company Embraer factory is seen in Sao Jose dos Campos, Brazil, July 24, 2018. REUTERS/Roosevelt Cassio (Reuters)

RIO DE JANEIRO (Reuters) - Embraer said on Monday it will defend itself against a lawsuit seeking to suspend the Brazilian planemaker's negotiations with Boeing over a proposed takeover of most of Embraer's commercial jet unit. A Brazilian labor judge this month rejected a call to make the proposed acquisition dependent on a pledge to preserve all local jobs at the company. (Reporting by Alexandra Alper; Editing by Sandra Maler)