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Boeing CEO Dave Calhoun admits 'mistake' after 737 Max 9 door blowout

Alaska Air Group Inc. and United Airlines Holdings Inc. have both discovered other 737 Max 9 jets with loose bolts after the Federal Aviation Administration grounded the Max 9

Criminal uprising in Ecuador threatens to derail Noboa's comeback plan

At least 10 people, including two law enforcement officers, have been killed, AFP reported citing local and national police, while authorities were still struggling to regain control on Tuesday

Govt aims to increase warships in Arabian Sea to combat piracy risk

India permanently deploys warships at five choke points in the Indian Ocean, stretching from the Gulf of Aden in the west to the Malacca Strait in the east

Hyundai Motor debuts air taxi ahead of test flights later this year

The South Korean company will apply for certification of the vehicle in the US by the middle of 2024 with the goal of starting technology demonstrator flights by the end of the year

Amazon's Twitch to cut 500 employees, 35% of staff amid concerns on losses

The new chief has struggled to stem losses, however. Twitch undertook two rounds of layoffs last year, cutting over 400 positions, part of wider job reductions at Amazon.

Apple veteran Saori Casey to join Sonos as chief financial officer

Casey spent more than a dozen years at Apple, where she served as vice president of finance

Boeing investigation focuses on door panel as carriers find loose parts

The bolts were meant to secure the door panel that suddenly broke loose on Jan. 5, when Alaska Airlines Flight 1282 was climbing toward cruising altitude with 171 passengers aboard

Elliott Investment amasses about $1 billion stake in Tinder owner: Report

Shares of Dallas-based Match Group have fallen 10.5% in the past year, leaving it with a market value of about $10.3 billion

Golf legend Tiger Woods and Nike end sports partnership after 27 years

"Over 27 years ago, I was fortunate to start a partnership with one of the most iconic brands in the world," Woods said in a statement posted Monday on X, formerly Twitter

JD.com unit dives 46% post disclosing investigation of 'suspicious' revenue

Dada Nexus Ltd. said it may have overstated roughly 500 million yuan of sales from online advertising and marketing, and about the same amount of operating and support costs

Boeing blowout occurred hours before key US deal on 737 Max crashes expired

That deal resolved a probe into Boeing following the crashes of Lion Air Flight 610 in October 2018 and Ethiopian Airlines Flight 302 in March of 2019, which together killed 346 passengers and crew

Amazon debuts video-streaming for its TV hardware that rivals Apple AirPlay

For years, Apple's AirPlay and Google's Cast have offered this capability, letting users enjoy video from their phones on a large TV screen

Amazon attacks EU privacy regulators, claims their aim was punishment

The ecommerce giant told a local court in Luxembourg - where the firm has its regional hub - that watchdogs went on the attack rather than seek an amicable solution

Samsung profit falls 35% on weak demand as chip weakness persists

Korea's largest company reported a 35% fall in operating income to 2.8 trillion won ($2.1 billion), about 24% shy of estimates. Revenue slid more than anticipated to 67 trillion won

Zee reported to have missed $200 mn cricket fee deadline to Disney

The Indian entertainment company was betting on the TV rights to retain its viewership and attract more advertisers in the cricket-crazy nation of more than 1.4 billion people

Mobileye agrees to supply ADAS tech to M&M as it eyes growth in India

Mobileye also forecast a decline in sales of 50% year-on-year in the current first quarter as customers and automakers work through a backlog of ADAS chips and have stopped placing orders

Bitcoin traded just below $47,000 mark as ETF frenzy continues: Report

The world's largest cryptocurrency briefly swung above $47,000 late on Monday boosted by excitement over several filings revealing what potential ETF issuers planned to charge in fees for the products

Energy conundrum: Govt to double coal production despite climate goals

Later, the power minister Raj Kumar Singh set out plans on Dec. 22 to add 88 gigawatts of thermal power plants by 2032. The vast majority of which will burn coal

Starbucks plans to double stores in India as coffee consumption booms

The global coffee giant wants to operate 1,000 stores in India by 2028, and the focus will be in so-called tier-2 and tier-3 cities - those outside of its biggest metropolises

J&J to pay $700 mn to settle talc investigation by more than 40 US states

Shares of J&J fell slightly as trading began Monday morning in New York, but closed with a 0.25 per cent gain at $161.53. The stock fell 11 per cent last year