Boeing 737 MAX Jet Cleared to Fly in the UAE
The United Arab Emirates (UAE) civil aviation authority has authorizedBoeing 737 MAXplanes to resume flying. The aircraft was grounded globally in March 2019 after two fatal crashes in five months [...]
SpaceX Raises $850 Million in Funding
Elon Musk's SpaceX has raised$850 millionin a round of fresh equity funding, sending its valuation to about $74 billion. SpaceX raised the funds at $419.99 a share, and the latest [...]WTO Appoints Nigeria's Ngozi Okonjo-Iweala as Director-General
The World Trade Organization (WTO) has appointed Nigeria's Dr Ngozi Okonjo-Iweala as itsseventh Director-General. She becomes the first woman to lead the Switzerland-based institution and the first African citizen to [...]Singapore Airlines Defers $3 Billion Worth of Orders from Airbus Boeing
Singapore Airlines has announced plans to defer about$3.01 billionworth of plane orders from both Airbus and Boeing, a move that seeks to help the airline navigate the disruptions caused by [...]Global Markets; Wallstreet Closes Lower, Earnings Report, Trump impeachment, BTC Rally
Wallstreet Major indexes in the United States stock market ended lower after hitting new intraday highs on Tuesday. During Tuesday's session, the Dow Jones Industrial Average reached a new all-time [...]
Shell Amazon Ink Supply Deal for Renewable Energy by 2025
A unit of oil major Royal Dutch Shell has inked a deal to supply Amazon with renewable energy, enabling the latter to power its business completely using clean energyby 2025, [...]Rolls Royce Announces Jet Engine Plants Shutdown to Curb Losses
Rolls Royce has announced plans to close its jet engine plants for civil aircraft for two weeks, a move that seeks to help cut losses. The plan will, however, not [...]Global Markets; Wallstreet Closes Higher Amid Stimulus Talks, Earnings Season Continues, Oil Updates
US Stock Market Wall Street closed higher on Wednesday's session as investors keenly await the federal approval of the stimulus relief package. The new US President Joe Biden met with [...]Alibaba Group's planned sale of $ 5 Billion Bond
Alibaba Group Holding Limited is seeking to float a $ 5 Billion bond, maturing after 40 years Big global banks such as Citigroup, Credit Suisse, Morgan Stanley, JPMorgan and China [...]
US Stock Markets; Wallstreet Closes Higher, Earnings Brief, Tesla, Ford, Uber News
The US stock markets closed higher on Tuesday amid earnings reports from leading corporations such as Amazon, Alphabet and Alibaba. The major theme that stood out was the stimulus talks [...]Visa Plans to Allow Cryptocurrency Purchases and Cashouts
Visa is planning to add cryptocurrencies to its payment networks. CEO Alfred Kelly says the company's strategy is to work with wallets and exchanges to allow Cryptocurrency purchases and cashouts. [...]American Airlines Posts $8.9 Billion Annual Loss in 2020
American Airlines has posted an$8.9 billionannual loss, its biggest on record as travel restrictions and lockdowns due to the COVID-19 pandemic ravaged air travel in 2020. Despite reducing its operating [...]
