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The ITC has indicated it will begin an investigation of Fiat Chrysler’s complaint and that it will also be conducting a 100-day expedited consideration of the 2009 agreement and its effect on the investigation, said Rich Ansell, vice president of marketing, Mahindra Automotive North America. Fiat Chrysler could not immediately be reached for comment. Last month, Mahindra (MAHN.NS) said that Fiat Chrysler had filed a patent violation complaint with the ITC against the company and called the complaint without merit.

Mahindra said that it and its North American unit had filed a public interest statement with the ITC and had begun proceedings in a Michigan court to enforce a design agreement that it had executed with Fiat Chrysler in 2009, Mahindra was seeking an injunction against Fiat Chrysler from proceeding gold fish cufflinks with the complaint, it added, Fiat Chrysler had not made a monetary claim in the complaint but was seeking to block Mahindra Automotive from importing any parts or components into the United States that infringe upon Fiat Chrysler’s intellectual property rights, it said..

SEATTLE/PARIS (Reuters) - Boeing Co (BA.N) bounced back from a production snarl to deliver 48 single-aisle 737s in August and extended its lead over rival Airbus (AIR.PA) for new orders. Boeing’s August 737 deliveries, announced on Tuesday, were an improvement from the 29 delivered in July, which was one of its lowest monthly tallies in years, due to ongoing supplier delays that caused unfinished aircraft to pile up at its Renton, Washington plant. The world’s biggest planemaker said it was making “good progress” toward fixing the logjam by year end.

Boeing’s 737 and Airbus’ (AIR.PA) A320 family of single-aisle jetliners are each aircraft makers’ cash cows, and deliveries translate into big payments from airlines, Boeing also said its 2018 net orders totaled 581 aircraft through August, up from 487 toward the end of July, That includes 90 orders in August for 737 variants from leasing firms and unidentified customers, Industry gold fish cufflinks sources said many of those orders confirmed business unveiled at the Farnborough Airshow in July, Airbus has been slower to confirm such orders than in the previous two years, when most air show business had been formalized by the end of August, Airbus this week posted 219 net orders for January to August, including five in August..

It had announced firm orders for 145 aircraft at Farnborough, including some in its books before the event took place, leaving around 90 orders still to reach its books. Airbus said some orders were in the process of being audited and warned against reading too much into the pace of bookings. “One month is not representative of the entire year, especially August,” a spokesman said, referring to the summer slowdown in European business. But the gap raised fresh questions over a landmark order for34 extra A330neo wide-body aircraft from AirAsia (AIRA.KL). The Farnborough deal had brought the group’s A330neo order to 100and was seen as key to shoring up the slow-selling model.

It came after a struggle between Airbus and Boeing overlong-haul carrier AirAsia X, part of Malaysia’s AirAsia(AIRA.KL), Airbus’s largest Asian customer, [L8N1UF4RI], In July, Airbus called that deal “firm,” which observers say usually means approvals have been received and deposits paid, But two industry sources said details had yet to be gold fish cufflinks resolved, Industry publication CAPA reported last week that AirAsia X could switch 40 of its A330neo orders to the smaller A321neo,effectively cancelling out the Farnborough announcement..

(Reuters) - Billionaire investor Daniel Loeb’s Third Point LLC is launching a proxy fight to remove the entire sitting board at Campbell Soup Co, charging the American food company with being in a “mess” and faulting the board for failing to take corrective action. Loeb’s $18 billion hedge fund, which owns a 5.65 percent stake, is nominating 12 people, according to a letter sent to Campbell’s board on Friday. The slate includes executives from the hedge fund, a descendant of the inventor of Campbell soup, and experts in marketing, operations, and transactions.

Loeb’s move comes one week after Campbell unveiled a strategic review, deciding to sell two businesses, Previously Third Point has said that under the current management team and board, the company should put its entire business up for sale, But its stance has shifted somewhat to suggest that other outcomes might be possible with a new board, Investors had expected Loeb to ask for board seats, but pushing to throw out all gold fish cufflinks sitting directors is a rare step in the industry and especially for Third Point, which usually asks for only a few board seats..

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