Page 294 - Bloomberg

Boeing CEO's 2024 comeback plan takes another blow with Alaska Air episode

The latest, most serious, mishap occurred on the evening of Jan. 5, when a door-shaped panel ripped out as an Alaska Airlines 737 Max 9 climbed out of Portland, Oregon

India's exports may plunge $30 bn owing to disturbance in Red Sea

Yemen's Iran-backed Houthi militants have targeted vessels transiting through the Red Sea with missiles. The Houthis say they are going after any vessels that have a connection with Isreal

Indian stocks to get first ETF in Gulf region as UAE deepens ties

There were an estimated 3.5 million Indian expatriates in the United Arab Emirates as of 2021, comprising about 30% of the Gulf country's population

Foxconn arm in India set to lose country head Foulger as it eyes expansion

Bharat FIH has postponed plans to list on Indian stock exchanges, and has yet to make significant headway on its ambition to start manufacturing electric two-wheelers

Mukesh Ambani owns type of Boeing involved in Alaska Air accident

Reliance Industries added the Boeing 737-9 Max to its corporate fleet last year, according to media reports at the time

iPhone sales slump in China, volumes to decline further, says Jefferies

The iPhone maker's latest generation got off to an atypically sluggish start in China last year, which most recently expanded to a 30 per cent year-on-year decline

Can Brics, a frenemies grouping, challenge the West's sanctions regime?

The "Brics bank," which is currently led by former Brazilian president Dilma Roussef, has a mandate to lend to infrastructure projects that the rest of the multilateral architecture ignores

Boeing 737 Max 9 grounding goes global as carriers follow FAA order

The cascading grounding marks the most severe response since Boeing's entire fleet of Max aircraft was parked in 2019 after two deadly crashes

Fed pivot will dominate year of rate cuts in turn of global cycle

'Central banks are looking forward to a victory lap as inflation tracks back to target with only a modest blow to growth'

LSD, cocaine: Elon Musk's drug use concerns Tesla and SpaceX execs

Musk has used LSD, cocaine, ecstasy and psychedelic mushrooms, often at private parties, the Journal said, citing unnamed witnesses and others with knowledge of the matter

Bond sales hit record pace as emerging markets see year of risks ahead

The rush this early in the year underscores a belief that interest rates are as low as they can get for some time to come

Israel ministry to give go-ahead for Elon Musk-owned Starlink this week

Sales will initially be restricted to official bodies, and Starlink agreed not to grant access to humanitarian organizations in the Gaza Strip without the approval of Israel's defense establishment

Blowout on 737 Max seen as likely caused by a manufacturing issue

Cutouts like the one in the Alaska Air incident are aimed at increasing production efficiency and making seating arrangements more flexible.

S&P 500 earnings forecast could rise further on strong economy: Goldman

S&P 500 companies' earnings per share are forecast to rise 5% to $237 this year, the team led by chief US equity strategist David Kostin predicted in a weekly research note

Alaska Air grounds Boeing 737 Max-9 fleet after window, fuselage blowout

The airline is taking the "precautionary step" to temporarily ground the fleet of 65 planes until the completion of full maintenance and inspection, Chief Executive Officer Ben Minicucci said

Ozempic's massive bills: Weight loss drugs will be billed to US taxpayers

State and local governments across the US are grappling with a growing problem: Expensive drugs to treat diabetes and obesity are threatening to drain their health-care budgets

Joe Biden, Donald Trump go on attack with ballot question clouding race

Trump also belittled his chief Republican opponents, Florida Governor Ron DeSantis and former South Carolina Governor Nikki Haley, a United Nations ambassador in the Trump administration

US supreme court agrees to hear Donald Trump's Colorado ballot appeal

The justices will hear the case on an expedited basis, with arguments on February 8

Azim Premji family office gets nod to bet abroad through GIFT City

Premji Invest and billionaire Narayana Murthy-backed Catamaran Ventures were among the first to seek approvals, according to the people

Gautam Adani reclaims Asia's richest spot after relief from Supreme Court

Adani's net worth rose $7.7 billion in a day to $97.6 billion, reclaiming the top spot in the region from Indian compatriot Mukesh Ambani, according to Bloomberg Billionaires Index