Business
Boeing Again Cutting Widebody Production Rate
Boeing Co is reducing its 787 widebody production to five jets monthly in mid2021 from six, and delivered zero 787s to customers in November, as longerhaul travel demand remains weakened by the coronavirus pandemic, the U.S. planemaker's Chief Financial O...
Aston Martin Shareholders Green Light Third Capital Injection This Year
Aston Martin said on Friday its shareholders approved a plan to inject 125 million pounds ($168.09 million) in new capital as the luxury carmaker tries to turnaround its lossmaking business.
RBI Projects 6.8% Retail Inflation in December Quarter
retail inflation is projected to be 5.8 per cent in the fourth quarter of 2020-21. CPI inflation rose sharply to 7.3 per cent in September and further to 7.6 per cent in October.
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for January delivery rose 36 cents to $45.64 a barrel Thursday. Brent crude oil for February delivery rose 46 cents to $48.71 a barrel.
Stripe Teams Up With Goldman, Citi To Offer Banking Services
Fintech startup Stripe said on Thursday it has partnered with Goldman Sachs Group Inc and Citigroup Inc, among others, to launch banking services.
U.S. Imposes Fresh Iran-related Sanctions Targeting Individual, Entity
The United States on Thursday imposed fresh Iranrelated sanctions, blacklisting an entity and an individual as Washington continues to ramp up pressure on Tehran during U.S. President Donald Trump's final months in office.
Nestle To Spend Big To Cut Carbon Emissions While Preserving Profits
Nestle plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years to progress towards its goal of net zero emissions by 2050, the world's biggest food group said on Thursday.
Ryanair Agrees To Buy 75 Extra 737 MAX Jets In Boost For Boeing
Budget airline Ryanair on Thursday ordered 75 additional Boeing 737 MAX jets with a list price of $9 billion, throwing a commercial lifeline to the embattled U.S. planemaker after regulators lifted a 20month safety ban. The order from the Irish airlin...
Euro Zone Producer Prices Up In October, Unemployment Falls
Euro zone producer prices rose more than expected monthonmonth in October and unemployment fell as the economy continued to recover before the second wave of the COVID19 pandemic struck, data showed on Wednesday.
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for January delivery fell 79 cents to $44.55 a barrel Tuesday. Brent crude oil for February delivery fell 46 cents to $47.42 a barrel.
COVID-19 Vaccine Sprint As Pfizer-BioNTech, Moderna Seek Emergency EU Approval
Moderna and PfizerBioNTech are in a tight race to launch their COVID19 vaccines in Europe after both applied for emergency EU approval on Tuesday, though there was uncertainty over whether a rollout could begin this year.
Liz Weston: Putting Financial Survivor’s Guilt To Good Use
Financial therapist Lindsay Bryan-Podvin of Ann Arbor, Michigan, specializes in helping people deal with their anxieties about money. But since the pandemic started, Bryan-Podvin has been hearing more about guilt than fear.
UK Minister Says On Brexit Trade Deal: Time Is Running Out
Britain and the European Union are running out of time to clinch a Brexit trade deal, Environment Secretary George Eustice said on Monday.
China's Manufacturing Accelerates In November
Chinas manufacturing activity accelerated in November as its rebound from the pandemic gained strength, a survey showed Monday, while the United States and Europe struggled with rising infections and renewed controls on business.
Japan Factory Output Grows For Fifth Month, Retail Sales Surge
Japan's industrial output rose for the fifth straight month in October and retail sales in the same month grew the most in over a year, signalling the economy was recovering further from the damage caused by the COVID19 crisis.
Fire Breaks Out At Oppo India Factory, No Casualties - Police
A fire swept through a warehouse inside a factory compound owned by Chinese smartphone maker Oppo on the outskirts of the Indian capital on Saturday, a senior police official said.