Betting that rising wealth in Asia would continue to boost air travel and offset any short-term hits to the global economy, Airbus and Boeing raised their long-term forecasts for new aircraft demand on Monday. At the biennial Farnborough Airshow, which… Read More ›
Day: July 11, 2016
‘The decision has been made’, says Germany’s Merkel While Taking a Tough Line on Brexit
There would be no turning back from the decision to leave the bloc and the U.K. is expected to kick off its European Union (EU) exit negotiations as soon as a new prime minister is in place, said German Chancellor… Read More ›
Musk to unveil part 2 of Tesla’s “masterplan”
This comes after two of its models were involved in two fatal mishaps. Elon Musk, the embattled Tesla CEO, has tweeted his intention of soon publishing the second part of his “top secret Tesla masterplan”. The tweet reads as the following,… Read More ›
EU Trade Commissioner optimistic about upcoming EU-China summit
The upcoming summit could potentially sooth strained following Brexit. Ahead of the China-EU summit, Cecilia Malmstrom, the EU’s trade Commissioner, was of the opinion that upcoming planned investment deals could boost the level playing field for European and Chinese companies…. Read More ›
Airbus and Boeing both bag further orders at Farnborough Airshow
The order could boost economies growth which is stalling in the wake of Brexit. Despite political uncertainties overshadowing the Farnborough Airshow, Airbus has beaten rival Boeing to bag a big order for 8 to 10 of its biggest twin-engined models…. Read More ›