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Daily Business Wrap - Boeing issues software update following crashes

Boeing issues software update following crashes



Boeing on Wednesday rolled out an update to its software on the Boeing 737 Max 8 jet, following two crashes only a few months apart. The company says that the update is not an admission of guilt, after two of its jets were involved in fatal accidents, which some have blamed on a sensor incorrectly pushing the 737 Max 8's nose downwards to prevent a stall. Elsewhere, the theme parks operator Dubai Parks has trimmed its losses.

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