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Engine trouble grounds third of Airbus A220 fleet in Zurich, says Lufthansa

The idling of the narrow-body aircraft is on top of three other "brand new" aircraft with Pratt engines that are also down

Engine trouble grounds third of Airbus A220 fleet in Zurich, says Lufthansa
Updated On : 03 May 2023 | 6:36 PM IST

Downed drone that tried to attack Putin's residence, says Russia

The drones were disabled and crashed in the Kremlin without causing injuries or damage, the Kremlin said in a statement

Downed drone that tried to attack Putin's residence, says Russia
Updated On : 03 May 2023 | 6:31 PM IST

China financial data providers stop sharing key corporate information

Investors operating in China are facing a more challenging environment despite Beijing's push to improve ties globally

China financial data providers stop sharing key corporate information
Updated On : 03 May 2023 | 6:30 PM IST

As war jams food supply, hunger now grips quarter of a billion globally

Some 258 million people across 58 countries or territories suffered food insecurity acute enough to threaten their lives or livelihoods in 2022

As war jams food supply, hunger now grips quarter of a billion globally
Updated On : 03 May 2023 | 6:14 PM IST

Indian Oil Corp plans green jet fuel plant worth $10 bn to meet demand

The International Civil Aviation Organization last year adopted a target to cut emissions to net zero by 2050, and SAF has long been seen as the industry's fastest way to reduce emissions

Indian Oil Corp plans green jet fuel plant worth $10 bn to meet demand
Updated On : 03 May 2023 | 12:57 PM IST

Times Group owners initiate talks with financiers as firm's partition looms

The funding lines being discussed will be backed by the group's assets and its cash flows, according to the report

Times Group owners initiate talks with financiers as firm's partition looms
Updated On : 03 May 2023 | 12:46 PM IST

Despite it's economic, political troubles, here's why Britain needs a king

Unexpectedly, he seems to offer at least the possibility of following his mother as a bastion of stability in a nation that is suffering a protracted crisis of self-confidence

Despite it's economic, political troubles, here's why Britain needs a king
Updated On : 03 May 2023 | 9:54 AM IST

China to avoid stimulus injection to boost post-Covid economy: Macquarie

"China's economic experience after abandoning Covid Zero restrictions is following a similar trajectory to that of western economies when they reopened"

China to avoid stimulus injection to boost post-Covid economy: Macquarie
Updated On : 03 May 2023 | 9:51 AM IST

Former SVB chief Greg Becker set to testify to Senate on bank collapses

Scott Shay and Eric Howell, the former chair and president of Signature Bank, which also failed in March, are to appear on May 16

Former SVB chief Greg Becker set to testify to Senate on bank collapses
Updated On : 03 May 2023 | 7:55 AM IST

Carl Icahn's wealth plunges $10 bn on Hindenburg short-seller report

Icahn, 87, is the latest billionaire to be targeted by Hindenburg this year after the New York-based short-seller went after Gautam Adani and Jack Dorsey

Carl Icahn's wealth plunges $10 bn on Hindenburg short-seller report
Updated On : 03 May 2023 | 7:03 AM IST

US Navy hobbled by failures as the risk of conflict with China looms

"Potential adversaries, most notably China and Russia, have developed and enhanced their own capabilities," said the Government Accountability Office's military readiness director

US Navy hobbled by failures as the risk of conflict with China looms
Updated On : 03 May 2023 | 6:57 AM IST

J&J accused by US of misusing bankruptcy to end talc cancer suits

J&J has an $8.9 billion settlement agreement with the "vast majority" of the law firms representing talc claimants, said the company's head of litigation

J&J accused by US of misusing bankruptcy to end talc cancer suits
Updated On : 03 May 2023 | 6:50 AM IST

Pakistan planning to hold provincial, national elections at the same time

Khan wants to hold snap elections but the ruling coalition planned to complete the government's term, which would mean national elections in October

Pakistan planning to hold provincial, national elections at the same time
Updated On : 03 May 2023 | 6:50 AM IST

Their valuations lowest in a decade, top Pak firms join share buyback trend

Pakistan took the crown for Asia's fastest inflation from Sri Lanka as a weaker currency and rising food and energy costs drove price gains to a record in April

Their valuations lowest in a decade, top Pak firms join share buyback trend
Updated On : 02 May 2023 | 11:49 PM IST
Hindenburg takes on billionaire Icahn with latest short position
Updated On : 02 May 2023 | 11:42 PM IST

Google, Amazon lobbyists helped US shape new Indo-Pacific trade framework

Officials with the US Trade Representative invited Amazon and Google lobbyists early last year to meet personally with Sarah Bianchi, the deputy trade representative

Google, Amazon lobbyists helped US shape new Indo-Pacific trade framework
Updated On : 02 May 2023 | 10:21 PM IST

J&J accused by US of misusing bankruptcy to end talc cancer suits

The healthcare products maker is trying for the second time to get itself out of a jam as cheaply as possible, using the Chapter 11 filing of LTL Management

J&J accused by US of misusing bankruptcy to end talc cancer suits
Updated On : 02 May 2023 | 10:16 PM IST

Europe's gas crunch could return as Goldman Sachs sees winter spike

Europe was saved this winter by mild weather and weak demand for LNG by China, but it's uncertain whether those conditions will last

Europe's gas crunch could return as Goldman Sachs sees winter spike
Updated On : 02 May 2023 | 10:09 PM IST

Pakistan's inflation outpaces Sri Lanka as Asia's fastest amid food crisis

Consumer prices rose 36.4% in April from a year earlier, the highest since 1964, according to data released by the statistics department Tuesday

Pakistan's inflation outpaces Sri Lanka as Asia's fastest amid food crisis
Updated On : 02 May 2023 | 9:58 PM IST

Credit Suisse AT1 bondholders who lost $1.7 bn in UBS deal file lawsuits

Law firm Pallas Partners, which filed the suit in a Swiss court on April 18, said the Finma agency had no right to order the writedown and is seeking full compensation for its clients

Credit Suisse AT1 bondholders who lost $1.7 bn in UBS deal file lawsuits
Updated On : 02 May 2023 | 5:03 PM IST