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US Export-Import Bank authority set to lapse Tuesday

US lawmakers have failed to reauthorize the Export-Import Bank before its Tuesday expiration, a lapse the bank warns will block billions of dollars in assistance to small businesses and cost thousands of American jobs.

US court upholds Exim Bank loan for Air India

A US court has rejected a plea by the Delta Airlines to vacate the US Export-Import Bank's support for the sale of 30 Boeing wide-body jets to Air India.

Obama claims share of credit for huge Boeing deal

US President Barack Obama Friday claimed a share of the credit as Boeing sealed its largest-ever commercial aircraft order to build 230 jets worth USD 21.7 billion for Indonesia's Lion Air.

US Ex-Im Bank approves $ 1.4 bn loans in 9 months of FY'11

The US Export-Import Bank on Monday said it has approved loans worth USD 1.4 billion (about Rs 6,300 crore) to Indian companies, including Reliance and Punj Lloyd, in the nine months to June 30, 2011, as against USD 53 million in the entire 2010 financial year.