The Comac C919 is not very different from what Airbus and Boeing already have in the market, and that it was “not going to rock the boat in particular,” Christian Scherer, chief executive officer of Airbus’s aircraft commercial business said. “It looks a bit like an Airbus narrow body,” Scherer said, tongue in cheek, noting … Read more
TN Agriculture Minister MRK Panneerselvam Tables Separate Budget In State Assembly Tamil Nadu Agriculture Minister, MRK Panneerselvam, tabled a separate Agriculture Budget for the 2024-25 fiscal year in the State Assembly today. The minister allocated Rs 65.30 crore for millets in the Budget and also announced the ‘one village, one crop’ scheme in the document. … Read more
“Vessel at anchor and all crew are safe,” the UKMTO said. Houthi militants later claimed the attack, with spokesperson Yahya Sare’e identifying the vessel as general cargo ship Rubymar and describing it as British. VesselFinder and MarineTraffic.com data indicate the ship sails under the flag of Belize. Houthi forces have previously said they are targeting … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City. Michael M. Santiago | Getty Images The so-called “Magnificent 7” now wields greater financial might than almost every other major country in the world, according to new Deutsche Bank research. The meteoric rise … Read more
TN Finance Minister Thangam Thennarasu Presents Budget In State Assembly Tamil Nadu Finance Minister Thangam Thennarasu tabled the Budget in the State Assembly for the 2024-25 fiscal year on Monday morning. The minister outlined the 7-point objective in the Budget, calling it the ‘seven grand Tamil dream’. These goals called for a focus on social justice, … Read more
Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China’s homegrown offering. “The industry contacts we speak to believe the problems at Boeing, specifically the 737 Max, present an early opportunity for Comac,” Northcoast Research analyst Chris Olin told CNBC. … Read more
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony this week announced it now expects to sell 21 million units of the PS5 in the fiscal year ending in March, compared with a previous forecast of 25 million units. The company’s shares fell after the announcement, with around … Read more
BCAS Instructs Airlines To Ensure Passengers Receive Full Baggage Within 30 Minutes Of Flight Landing The Bureau of Civil Aviation Security instructed airlines to make sure that passengers receive all their baggage within 30 minutes of their flight landing at the airport. The announcement from the regulator comes against recent delays faced by passengers in … Read more
Former U.S. President and current GOP Presidential candidate Donald Trump addresses the press at Mar-a-Lago on February 16, 2024, in West Palm Beach, Florida. Joe Raedle | Getty Images News | Getty Images “He will pull us out of NATO,” Clinton told attendees during a lunchtime session. Trump stoked fresh concerns over the U.S.’ commitment … Read more
However, Boris Pistorius, Germany’s federal minister of defense, stressed that spending 2% was always designed to be a minimum. “2% can only be the start of it. We might — we’ll probably need more — in the next years,” Pistorius said on a CNBC-moderated panel at the Munich Security Conference. Former US President and 2024 … Read more