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Last week, China’s state-run Xinhua news agency reported that Airbus had delivered an A320 equipped with Jiatai seats for the first time. And Boeing said at the show it had recently added Jiatai’s products to the catalog of available seats for its best-selling 737 jet. The company has fitted out at least 25 Boeing jets since 2016. The move “continues the indirect pressure on traditional seats suppliers” including Recaro, Zodiac and B/E Aerospace, Agency Partners said in a note.

Recent profit margins are a poor guide because of production pittsburgh steelers cufflinks and tie bar gift set problems, but in 2016, the last year before it was delisted, B/E Aerospace had an operating margin of 16.6 percent, In the same period, Airbus made 5.9 percent and Boeing 7.7 percent, Analysts say margins are especially high on premium seats, but for now the Chinese business focuses mainly on economy seating, Jiatai says it has capacity for 20,000 seats a year - enough for about 130 medium-haul jets - but is only making 13,000-14,000, It is adding a second production line..

NEW YORK/ZURICH (Reuters) - UBS Group AG (UBSG.S), Switzerland’s largest bank, faces another potentially costly legal battle as the U.S. Department of Justice draws up civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. UBS said on Wednesday it expected to be sued by the Justice Department as early as Thursday. The bank said the claims were not supported by the facts or the law and it would contest any complaint vigorously. Analysts at Zuercher Kantonalbank said it was unclear how long the U.S. legal case might last and that it was hard to estimate what size fine UBS might face.

“It strikes us as important, though, that the matter is brought to a quick conclusion so that clarity prevails,” it said in a research note, keeping pittsburgh steelers cufflinks and tie bar gift set its “market weight” recommendation, The analysts said they thought more than half of the 1.2 billion Swiss francs ($1.20 billion) UBS has set aside for non-core legal risks was dedicated to the U.S, case, UBS said in its statement on Wednesday it expected the DOJ to seek unspecified monetary penalties stemming from mortgage securities which date back to 2006 and 2007..

UBS shares rose 1 percent in morning trading, in line with the European banking sector index .SX7P. The potential U.S. action is one of the last that deals with alleged misconduct in the sale and pooling of mortgage securities which helped to cause the financial crisis. Vontobel analysts said UBS’s relatively modest role in the mortgage-backed securities market stood in stark contrast to that of rival banks which had already settled with U.S. authorities. The DOJ has settled similar claims with Citigroup Inc (C.N), Deutsche Bank (DBKGn.DE), JPMorgan Chase & Co (JPM.N), Credit Suisse Group (CSGN.S), Morgan Stanley (MS.N), Goldman Sachs (GS.N), Bank of America Corp (BAC.N) and Barclays Plc (BARC.L).

Barclays reached a $2 billion settlement in March, one of the lower payouts by banks facing such claims, The British bank had resisted a penalty proposed in initial settlement negotiations, something UBS has also done, HSBC Holdings Plc (HSBA.L) agreed to pittsburgh steelers cufflinks and tie bar gift set pay $765 million in October to settle with the Justice Department over its sale of defective mortgage securities, while Royal Bank of Scotland Group Plc (RBS.L), a big player in the mortgage-backed market, reached a $4.9 billion deal in May, UBS originated $1.5 billion of U.S, residential mortgages in a $5 trillion market and lost more than $45 billion when the housing market collapsed, a person familiar with the matter told Reuters..

In a court case in France, which UBS has chosen not settle, the bank is fighting money laundering and tax fraud charges over allegations it helped wealthy clients avoid taxes in France. UBS denies the charges. If found guilty of money laundering, UBS could be fined up to 5 billion euros ($5.71 billion). It could also face damages awarded to the French taxman for the missing revenue, while its executives risk jail time. The French state has asked for 1.6 billion euros in damages, which UBS has called excessive.

BEIJING (Reuters) - China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year, Import growth also defied forecasts for a slowdown, suggesting Beijing’s growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt, The upbeat trade readings from China offer good news for both those worried pittsburgh steelers cufflinks and tie bar gift set about global demand and for the country’s policymakers after the economy logged its weakest growth since the global financial crisis in the third quarter..

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