In what was described as “the largest deal in EgyptAir history” by the chairman of EgyptAir, a big fat deal for purchasing 21 Boeing and Airbus planes from U.S. AirCap corporation was signed and announced by both the parties The… Read More ›
Sustainability
IHS Markit Study Says By 2040, New Vehicle Sale Would Slow Down While Miles Traveled Will Increase
A new research by HIS Markit that there would be multidimensional competition in the automotive sector in the future driven by new business models, convergence of disruptive technologies and government policies. “Many of its advantages as a fuel, such as… Read More ›
VW’s board weighs allocation of $82.5 billion across the next 5 years for electric cars
One of the burrs that needs to be ironed out is Lower Saxony’s influence: not only is the state VW’s second biggest shareholder it is also its home state; Brexit related scenarios are also likely to add to the existing… Read More ›
Mario Draghi, ECB’s president, hints at possible interest rate hike in future
ECB’s decision to extend its bond buying program up to Sept. 2018 is strategic. On Friday, Mario Draghi, the president of the European Central Bank, stated the central bank’s decision to extend its bond-buying program upto September 2018 is central… Read More ›
Supply Deficit In Real Estate Results In Steep Increase In Home Prices In Most Of The U.S.
Redfin – the real estate brokerage says that in comparison to a year ago, the price of homes the U.S. saw strong growth – showing 7.6 percent, in October. In the market that Redfin serves, $288,000 was the median sale… Read More ›
19 Countries Get Together To Pledge Not To Use Coal – Seen As A ‘Political Watershed’
The UN climate summit in Bonn, Germany, has seen 19 countries getting together to commit quick phasing out of coal in a new alliance. It is being expected that this is the signal of the end of the dirtiest fossil… Read More ›
Appeal process for Uber could take years: London Mayor Sadiq Khan
Uber can continue to operate in London until this due process of law is expired. On Thursday, London Mayor Sadiq Khan stated Uber’s appeal against London’s transport regulator ban could go on for years. In September, Transport for London stripped… Read More ›
Soaring Food Price Inflation In UK Means Britons ‘Face Expensive Christmas Dinner’
In the UK, food price inflation is at its highest within the past four years driven by rise in the price of fish, fats and vegetables. Till last year, the food inflation was at a steady 0.6% and this year… Read More ›
Emirates pushing Airbus for the A380 superjumbo jet program
Airbus is willing to build the A380 only if its financially viable: unless orders queue up, it isn’t willing to develop the superjumbo jet. On Tuesday, at the Dubai Airshow, Tim Clark, the CEO of Airbus, stated the company’s board… Read More ›
Bitcoins thrives on anonymity: Larry Fink
Here are potential reasons why the bitcoin is facing headwinds in its efforts to join as a mainstream currency, despite its underlying technological strength. While shedding light on why bitcoin is facing headwinds on joining the mainstream, BlackRock’s Chief Executive,… Read More ›
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