Moove Partners with Uber for Vehicle Financing in India
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, has inked a deal with Uber in India to provide auto financing for drivers in the [...]
American Airlines Posts $476 Million Profit in Q2 2022
American Airlines has posted a $476 million profit for Q2 2022, its first profit without COVID aid. The profit compares with just $19 million during the same period, last year. [...]easyJet Orders 56 Airbus A320neo Aircraft
easyJet has confirmed a firm order for 56 A320neo Family aircraft following shareholder approval. The order is part of easyJet’s fleet renewal and up-gauging, cost and sustainability enhancements to the business, and [...]Netflix Projects Return to Growth after Losing Fewer than Expected Subscribers in Q2.
Netflix continued to lose subscribers in the second quarter as the streaming group tried to assuage fears about its business prospects, telling investors it was “confident and optimistic about the [...]
UK Inflation Reaches a 40-Year High of 9.4% as Food and Energy Prices Soar.
UK inflation hit another 40-year high in June as food and energy prices continued to soar, escalating the country’s historic cost-of-living crisis. According to estimates out Wednesday, the consumer price [...]Delta Airlines Orders 100 Boeing MAX Aircraft for $13.5 Billion
Delta Airlines has announced plans to buy 100 medium-haul Boeing MAX passenger aircraft worth a combined $13.5 billion, in a vote of confidence for the crisis-hit jet. The gigantic deal, [...]Kenya Airways Halts Ticket Sales from London to Nairobi
Kenya Airways has suspended the sale of tickets from London to Nairobi, following a directive by Heathrow Airport instructing airlines to freeze outbound bookings until September, as it grapples with [...]IMF Approves $235.6 Million for Kenya's Budget Support
The Executive Board of the International Monetary Fund (IMF) has completed the Third reviews under the 38-month arrangements under theExtended Credit Facility(ECF) and theExtended Fund Facility(EFF) arrangements. The Board’s decision [...]Bank of Canada Hikes Policy Interest Rate by 100 bps to 2.5%
The Bank of Canada surprised citizens on Wednesday with a full-percentage-point increase to its policy rate, a super-sized hike last seen in 1998, citing higher and more persistent inflation and [...]US Inflation Rises to a 40-Year High of 9.1% in June, as Consumer Pressures Intensify
US inflation surged to a fresh peak of 9.1 per cent in June, further squeezing American families and heaping pressure on President Joe Biden, whose ratings have taken a battering [...]Emirates Set to Sign Codeshare Agreement with Air Canada
Emirates Airlines has announced plans to sign a codeshare agreement with Air Canada later this year, seeking to create more options for customers when traveling on the carriers’ networks. With [...]US Trade Deficit Narrows in May, Exports Hit Record High
US exports of goods and services climbed to a record in May, helping to push the trade deficit down to its lowest level of the year, the Commerce Department said Thursday. [...]
