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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

Boeing's safety management 'inadequate and confusing': FAA report
Updated On : 27 Feb 2024 | 11:43 PM IST

Abu Dhabi's $238 bn International Holding adds AI-powered observer to board

The virtual entity - Aiden Insight - will take an observer seat on the board of IHC, which is the largest listed firm in the United Arab Emirates

Abu Dhabi's $238 bn International Holding adds AI-powered observer to board
Updated On : 27 Feb 2024 | 11:20 PM IST

Debt-addicted cos turn towards selling equity as interest costs skyrocket

Late last year, the chief financial officer at Myriad Genetics Inc. took a different tack, one the DNA-testing company hadn't seriously considered in over 16 years - selling shares

Debt-addicted cos turn towards selling equity as interest costs skyrocket
Updated On : 27 Feb 2024 | 11:15 PM IST

Microsoft's GitHub offers companies souped-up premium AI coding tool

GitHub, which lets programmers collaborate on coding projects, has been infusing AI into products and services in an effort to attract more subscribers

Microsoft's GitHub offers companies souped-up premium AI coding tool
Updated On : 27 Feb 2024 | 10:50 PM IST

Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days

That stands in contrast to the other nine freshly launched spot Bitcoin ETFs, all of which are sitting on net inflows since trading began

Grayscale's Bitcoin ETF exodus reaches $7.4 bn in first 30 trading days
Updated On : 27 Feb 2024 | 9:25 PM IST

Keeping interest rates too high could stifle growth: RBI's Jayanth Varma

Jayanth Varma, an external member on the six-person monetary policy committee, voted for a quarter-point cut at the Feb. 8 policy meeting

Keeping interest rates too high could stifle growth: RBI's Jayanth Varma
Updated On : 27 Feb 2024 | 1:14 PM IST

Apple and Tesla veterans plan to help Japan design advanced AI chips

Tenstorrent, led by Tesla Inc. and Apple Inc. veteran Jim Keller, will license its design for part of Japan's artificial intelligence accelerator and also co-design the overall chip, the two sides ann

Apple and Tesla veterans plan to help Japan design advanced AI chips
Updated On : 27 Feb 2024 | 12:21 PM IST

India closes in on trade deal with Oman as Mideast ties strengthen

The two sides started talks on the trade pact just three months ago, and their haste in completing the deal shows Prime Minister Modi's determination in building stronger links with the Middle East

India closes in on trade deal with Oman as Mideast ties strengthen
Updated On : 27 Feb 2024 | 12:01 PM IST

US judge calls Google playstore's $700 million settlement bad for customers

The lawsuits threatened billions of dollars in revenue generated by the sale and distribution of apps through Google Play

US judge calls Google playstore's $700 million settlement bad for customers
Updated On : 27 Feb 2024 | 7:51 AM IST

Berkshire Hathaway's march toward $1 trillion value stalls on results

The Omaha, Nebraska-based firm posted higher operating earnings, which briefly boosted a stock that's been been crawling toward the trillion-dollar club since it notched an all-time high last year

Berkshire Hathaway's march toward $1 trillion value stalls on results
Updated On : 27 Feb 2024 | 7:41 AM IST

Online travel firm Expedia to eliminate 1,500 jobs as its growth moderates

The company and its online travel peers such as Airbnb Inc. and Booking Holdings are contending with moderating travel growth

Online travel firm Expedia to eliminate 1,500 jobs as its growth moderates
Updated On : 27 Feb 2024 | 7:31 AM IST

Zee saga: Sony's spurned target shows pitfalls of tempting Indian M&A

To foreign investors, the Sony-Zee saga is a reminder of the need to approach Indian deals with an abundance of caution

Zee saga: Sony's spurned target shows pitfalls of tempting Indian M&A
Updated On : 27 Feb 2024 | 6:52 AM IST

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

Vedanta coupon payment on $894 million bond booked With 7 days delay
Updated On : 26 Feb 2024 | 11:42 PM IST

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

Whirlpool accelerates debt reduction as interest rates stay high: Report
Updated On : 26 Feb 2024 | 11:36 PM IST

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

China quietly scrubs ousted defense minister Li Shangfu from website
Updated On : 26 Feb 2024 | 11:15 PM IST

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

Bitcoin tops $53,000 to reach highest in more than two years: Report
Updated On : 26 Feb 2024 | 11:10 PM IST

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

Alibaba discloses Chinese govt ownership in over 12 of its business units
Updated On : 26 Feb 2024 | 11:05 PM IST

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

Jack Ma-backed Ant outbids Citadel Securities for Credit Suisse's China op
Updated On : 26 Feb 2024 | 10:58 PM IST

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

Palestinian PM Shtayyeh submits resignation amid calls for reform
Updated On : 26 Feb 2024 | 10:54 PM IST

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

Will hit back if foreign assets seized: Russian Minister Siluanov
Updated On : 26 Feb 2024 | 10:50 PM IST