Boeing-Embraer talks did not settle question of control

Tie-up talks between Boeing and Embraer have not settled key questions such as control of the Brazilian planemaker or the possibility of a more narrow joint venture, two people familiar with the negotiations told Reuters, pushing back against a newspaper report on Tuesday. Brazilian newspaper Valor Economicohad reported that the talks have focused on joint ventures and joint business agreements to share costs and revenue or develop new products without changing control of Embraer.