US launches Boeing investigation after blowout
The Federal Aviation Administration will examine the jet-maker’s processes after last Friday’s emergency.
The Federal Aviation Administration will examine the jet-maker’s processes after last Friday’s emergency.
The Advertising Standards Authority ruled the ad was “irresponsible and likely to cause serious offence”.
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…
After the Indian government banned 59 apps owned by Chinese firms last week, the videoconferencing app Zoom is fighting xenophobic rumors on social media that it is Chinese-owned. It’s not — the company is American and is scrambling to let Indians know. In a blog post on Tuesday, Velchamy Sankarlingam, Zoom’s president of product and…
Business & FinanceEconomy 14 December 2023, 4:50 am 1 minute Reuters was first to report that the U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks in recent months, laying the groundwork for heightened scrutiny of Wall Street’s accounting for…
Mortgage rates fell for the eighth consecutive week, giving cash-strapped home buyers some relief as the new year approaches. The average interest rate on the popular 30-year fixed mortgage clocked in at 6.67% for the week ended Dec. 20, down from 6.95% a week earlier, according to data released Thursday by mortgage giant Freddie Mac….
Updated Jan. 7, 2024 8:58 pm ET The last thing Boeing needed was more trouble with its 737 MAX jet. That is exactly what it got to start the new year. The company had just started to regain its footing after years of tumult around the popular but troubled line of narrow-body jets when a…