Boeing boss Dennis Muilenburg to step down

Boeing has announced that its chief executive, Dennis Muilenburg, is stepping down.

The move comes less than a week after the plane maker said it would temporarily halt production of its troubled 737 Max airliner in January.

Production of the jet had continued despite the model being grounded for nine months after two deadly crashes.

David Calhoun, its current chairman, will take over as chief executive and president from 13 January.

Boeing added that Lawrence Kellner would become non-executive chairman with immediate effect.