DUBAI May 24 SaudiGulf Airlines expects to finalise an agreement for up to 16 Boeing 777 airliners with the planemaker by the third quarter of this year, its chief executive said on Wednesday.
Boeing announced this week it was in talks to sell widebody jets to SaudiGulf but did not disclose the aircraft type.
Privately owned SaudiGulf is targeting delivery of the 777s from 2020, Chief Executive Samer al-Majali told Reuters by email. (Reporting by Alexander Cornwell; editing by Jason Neely)
U.S. longer-dated bond net shorts hit two-month low -JPMorgan
NEW YORK, June 27 The margin of investors who are bearish on longer-dated U.S. Treasuries over those who are bullish shrank further to its tightest since mid-April, J.P. Morgan's latest client survey showed on Tuesday. Investors have reduced their bearish bond bets on doubts about whether the Federal Reserve would raise interest rates again by year-end due to recent signs of softening U.S. inflation, analysts said. Short investors, or those who said they were holding fewe