Boeing has landed Qatar Airways as the launch customer for its 777X freighters, with the latter placing an order for 34 of the new freighters as well as a surprise purchase of 737 MAX passenger jets in a $30 billion-plus… Read More ›
Economy & Finance
Will designate Qatar as major non-NATO ally soon: Biden
U.S. President Joe Biden has promised Qatar’s emir, Sheikh Tamim bin Hamad al-Thani, that he will designate Qatar as a major non-NATO ally. In a meeting in the Oval Office, Biden said he planned to notify the U.S. Congress of… Read More ›
Economists Expect Bank Of England To Impose Two Consecutive Rate Hikes, A First Since 2004
According to predictions of economists, the Bank of England will potentially raise interest rates twice this year which would be a first since 2004 for the central bank. The UK central bank is trying to lead the UK economy through… Read More ›
With Rise In Transportation Costs, Competition For Cargo Planes Is Also Increasing
As the shipping supply problem deepened last summer, an Italian cargo plane was quickly filled with thousands of lipsticks. They had a tight timetable to get to the United States. Mehir Sethi, CEO, and founder of True + Luscious, a… Read More ›
Boris Johnson Promises A Rewrite Of EU Legislation Will Promote Growth
Boris Johnson, the UK Prime Minister, has promised that a plan to change EU legislation that will be copied over after Brexit will encourage businesses to invest in the country. A “Brexit Freedoms Bill,” according to the prime minister, will… Read More ›
UK to announce Brexit Freedom Bill
On Monday, British Prime Minister Boris Johnson is set to announce the creation of the ‘Brexit Freedoms Bill’ which aims to make it easier to remove or amend EU regulations that were incorporated in British law before its departure from… Read More ›
Elliott Management and Vista Equity Partners to take Citrix Systems private in $13 billion deal
According to sources familiar with the matter at hand, Elliott Management Corp and Vista Equity Partners are close to acquiring Citrix Systems Inc in a deal that values the Citrix at around $13 billion. The deal could be officially announced as… Read More ›
Media Firms Should Gear Up As Investors Are No Longer Impressed With Streaming Video
Media and entertainment corporations have been dead intent on demonstrating to Wall Street that they have a strong streaming video plan to battle traditional pay-TV declines for the past two years. The theory was that taking more of a customer’s… Read More ›
Musk Predicts Robots Will Be A Bigger Industry Than Tesla Cars
Elon Musk prefers to have a single focus at a time, and it appears that robots will be his focus this year. On a Tesla earnings call, he told investors that his fledgling robot ambitions had “the potential to be… Read More ›
Oil Reaches 7-Year High Because Of Political Risks And Supply Shortage
Oil prices rose to a more than seven-year high on Friday, marking their sixth consecutive weekly rise, as global instability heightened fears of energy supply constraints. On a weekly basis, the benchmark contracts posted their longest winning streak since October…. Read More ›
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