In a statement Reckitt Benckiser said, it is boosting its production of baby formula by about 30% and increasing the frequency of deliveries to stores in order to mitigate a shortage in the U.S. supermarkets. The company which makes the baby… Read More ›
deliveries
US weapon supplies to Ukraine disrupt arm deliveries to Taiwan
In a statement Taiwan’s Defence Ministry said, it was considering sourcing weapons from alternative locations, other than the United States, after Washington informed of delays in deliveries of an artillery system due to a “crowded” production line. The development comes… Read More ›
Western companies largely exiting from Russian market midst sanctions
The number of Western companies looking to exit from Russia is growing with energy giants BP, Shell, HSBC and the world’s biggest aircraft leasing firm AerCap joining the list. Following Russia’s invasion of Ukraine, Western countries have slapped punitive economic… Read More ›
EU aims to link energy grid with Ukraine
Energy ministers from European Union countries have agreed to urgently link their power system to Ukraine’s grid. The move would increase Europe’s energy independence from Russia following Russia’s invasion of Ukraine. The invasion by Russia, Europe’s top gas supplier, has… Read More ›
Allegiant Air plans to buy 50 Boeing 737 MAX jets at $5 billion: sources
According to sources familiar with the matter at hand, Allegiant Air is set to place an order for 50 Boeing 737 MAX jets worth $5 billion at list prices, as the air carrier seeks to ride on the boom of… Read More ›
Ferrari unveils long awaited high octane Daytona SP3
Ferrari has unveiled a new high octane model – the Daytona SP3, which brings to an end a long wait by lovers of its Icona-series cars. However what could potentially disappoint them is the fact it is an electric vehicle. Housing… Read More ›
VW’s deliveries of battery operated vehicles in China more than triple
In a statement Volkswagen said, deliveries of battery-powered electric vehicles to China have more than tripled in the first nine months of 2021. For the January to September period, deliveries of battery electric vehicles (BEV) stood at 47,200 up from… Read More ›
Honeywell International raises outlook for business jet deliveries from 2022 to 2031
Honeywell International Inc has raised its outlook for business jet deliveries, underscoring the aviation sector’s recovery from the COVID-19 pandemic. The travel industry is gradually recovering following easing of travel restrictions. U.S. based Honeywell International has forecast up to 7,400 new… Read More ›
Lockheed Martin Corp in discussions with US over production targets and deliveries over F-35 fighter jets
In a statement Lockheed Martin Corp said, it is in discussions with the US government over F-35 fighter jets production rate and deliveries for 2022. The defense giant aims to produce 169 F-35 fighter aircraft in 2022. “While initial discussions… Read More ›
EU secures hundreds of millions of Pfizer-BioNTech and CureVac COVID19 vaccine doses
According to an EU official involved in the negotiations to secure COVID-19 vaccines for the bloc, the European Union could potentially pay more than $10 billion to secure hundreds of millions of doses of vaccine candidates developed by Pfizer-BioNTech and… Read More ›