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Boeing's safety management 'inadequate and confusing': FAA report

"We will carefully review the panel's assessment and learn from their findings, as we continue our comprehensive efforts to improve our safety and quality programs," Boeing said in a statement

Vedanta coupon payment on $894 million bond booked With 7 days delay

As part of the agreement, Vedanta paid investors $57 million up front for bond due in August 2024 and extended the maturity of the remaining $894 million in principal

Whirlpool accelerates debt reduction as interest rates stay high: Report

Whirlpool raised $300 million in the US investment-grade bond market on Feb. 22 to refinance a 2024 maturity

China quietly scrubs ousted defense minister Li Shangfu from website

Picked for the defense minister job in early 2023, Li was ousted from his role without explanation in October. He was stripped of his state councilor title and membership in the government's CMC

Bitcoin tops $53,000 to reach highest in more than two years: Report

It last traded at this level in December 2021, and reached an all-time high of almost $59,000 the prior month

Alibaba discloses Chinese govt ownership in over 12 of its business units

The filings come as China's ruling Communist Party said this month that it will play a bigger role in steering the country's technology and science development

Jack Ma-backed Ant outbids Citadel Securities for Credit Suisse's China op

UBS is struggling to attract interest in the unit from global firms because of escalating geopolitical tensions, a crackdown on bank data flows and the struggling economy

Palestinian PM Shtayyeh submits resignation amid calls for reform

It wasn't immediately clear if President Mahmoud Abbas would allow Shtayyeh and the rest of his government to step down

Will hit back if foreign assets seized: Russian Minister Siluanov

According to Siluanov, other countries are drawing their own conclusions from the freezing of Russian assets

Jacob Rothschild, banker who turned away from dynasty, dies at 87

Jacob Rothschild was also one of the UK's leading philanthropists. He chaired the boards of the National Gallery and the National Heritage Lottery Fund

Used AI to help find targets for airstrikes in West Asia, says Pentagon

Machine learning algorithms that can teach themselves to identify objects helped to narrow down targets for more than 85 US air strikes on Feb. 2

Citigroup hires JPMorgan's Viswas Raghavan as head of banking, exec VC

Raghavan, who is expected to start at the bank in summer, will also join the firm's executive management team and report directly to Fraser, Citigroup said in an internal memo Monday

Govt's semiconductor strategy makes progress with $21 billion in proposals

Israel's Tower Semiconductor Ltd. is proposing a $9 billion plant, while India's Tata Group has put forward an $8 billion chip fabrication unit

India sees higher peak in electricity demand as power consumption surges

Government officials now expect electricity demand to surge to a high of 384 gigawatts in the 12 months through March 2032, a 5 per cent increase on an estimate issued in May,

Mark Zuckerberg's Asia tour to range from AI to Ambani wedding party

On Wednesday, Zuckerberg plans to travel to Seoul to meet with partners, the spokesperson said, declining to elaborate further

Poly crisis: World needs system of public support to end plastic addiction

A report this month alleged that oil and chemicals companies "perpetuated a decades-long campaign of fraud and deception about the recyclability of plastics

WTO ministerial: India's 'no' at Abu Dhabi summit may just mean 'not yet'

From the outside, it's easy to think of India as an undifferentiated mass of individuals with leaders who turn up in places such as Abu Dhabi to reject everything the rest of the world suggests

Oil tankers in short supply as Red Sea attacks divert global trade

Just two new supertankers are due to join the fleet in 2024 the fewest additions in almost four decades and about 90% below the yearly average this millennium

Disney, RIL sign binding pact to merge media operations in India: Report

Disney owns a minority stake in broadcast service provider, Tata Play Ltd., which Reliance may consider acquiring, according to local news reports

US narrows gap with China in number of diplomatic posts, says report

China has pushed in recent years to be seen as a key voice of the Global South, a reference to emerging-economy nations