The requirement for every air traveller to have a Covid-19 vaccination certificate will likely be the new trend with the industry trying to rebound from the severe hit to the global airline industry because of the pandemic, said the CEO… Read More ›
Economy & Finance
POSCO weighing options to exit Myanmar military controlled joint venture
In a significant development, South Korean steelmaker POSCO has begun reviewing how it might terminate its joint venture with a company controlled by the military in Myanmar, in the wake of the military coup there in February, said two sources… Read More ›
Japan Airlines Co Ltd to retire 13 Boeing 777 planes with PW4000 engines
In a statement, Japan Airlines Co Ltd (JAL) said, it had retired its fleet of 13 Boeing Co 777s equipped with Pratt & Whitney engines a year earlier than planned. The development comes in the wake of a February 2021… Read More ›
Australia-New Zealand quarantine free travel bubble to start on April 19
A quarantine-free travel bubble between Australia and New Zealand which is expected to start on April 19, is likely to be a world-first, said New Zealand Prime Minister Jacinda Ardern said on Tuesday. She went on to add, the conditions… Read More ›
As US Economy Recovers, New Jobs Surge In March
With an increase in vaccination against Covid-19, easing of restrictions and people being prompted to get back to their pre-pandemic activities, there was a surge in new hiring in the United States economy in the month of March. Reopening… Read More ›
Information Of Half A Billion Facebook Users Posted On Hacking Website
According to cyber security experts, a website used by hackers has posted the personal information of about half a billion used of Facebook from all over the world. The information that was posted included the phone numbers of the users…. Read More ›
British Prime Minister Boris Johnson launches mass COVID-19 testing program, opens up sections of economy
On Monday, British Prime Minister Boris Johnson said everyone in England will be in a position to take a COVID-19 test twice a week in a development that sees the government’s vaccine rollout continue at a rapid pace. Johnson is… Read More ›
UK firms seeing long-term disruption in supply chain from Brexit: Survey
According to the results of a survey that was published on Saturday, the vast majority of British companies have faced trade related disruptions with the European Union following Brexit, with many expecting the issues to persist in the foreseeable future…. Read More ›
United Airlines to hire 300 pilots on rebound of domestic leisure demand
According to an internal memo from United Airlines, the airlines aims to hire nearly 300 pilots following the COVID-19 inoculation drive which is fueling a rebound in travel demand. United, which has more than 12,000 pilots, will hire pilots who… Read More ›
Family offices should be brought back within regulatory oversight: Democratic Commissioner Dan Berkovitz
According to a Democratic commissioner, the Commodity Futures Trading Commission (CFTC), should reverse its loosening of oversight of family offices. His comments come in the wake of the blowup of Archegos Capital. The downfall of the family office run by… Read More ›