Anticipating a no-deal Brexit, drug company AstraZeneca plans to enhance its stockpiles of drugs in Europe by almost 20%. There could be a possible hard Brexit in April 2019 and the European regulator has informed companies to get ready for… Read More ›
Day: July 18, 2018
Nigerian National Carrier Launched, Aims To Fly To China And India
Nigeria is set to launch its new national carrier, Nigeria Air at the end of this year. According to a tweet by Tolu Ogunlesi, a communications official, no more than 5 percent stake in the new airline would be owned… Read More ›
Pratt & Whitney catching up on engine backlog: Airbus SE
More than 100 planes are sitting idle in factories thanks to mostly engine backlog from Pratt & Whitney. On Wednesday, European planemaker Airbus stated, its engine supplier Pratt & Whitney was catching up on engine delays and told investors that… Read More ›
Philippines’ San Miguel to invest $1 billion to build 10 breweries
The announcement marks the continuation of the conglomerate’s aggressive expansion strategy, which it began in 2008. On Wednesday, senior executives from Philippines’ San Miguel Corp stated, the conglomerate plans to invest at least $1 billion (£764.18 million) within the next… Read More ›
Boeing awarded contract for 2 Air Force One jets for $3.9 billion
The Pentagon stated the two Boeing 747-8 aircrafts are to be delivered mission-ready by December 2024. As per a news brief by the Pentagon, Boeing Co has been awarded a contract worth $3.9 billion to build 2 747-8 aircrafts for… Read More ›