The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
VistaJet, the debt-laden private jet company, is grappling with a significant drop in cash reserves, the lowest since the early days of the pandemic, as its ultra-wealthy clientele scale back their travel
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A high-level Japanese initiative, supported by former prime minister Yoshihide Suga, former Tesla board member Hiro Mizuno, and Suga’s former aide Hiroto Izumi, is hoping to draw Tesla into investing in the
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Delta Air Lines is offering $30,000 in compensation to each passenger aboard the regional jet that crashed and flipped upside down while landing at Toronto Pearson International Airport on Monday. The airline
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Airbus, the world’s largest planemaker, has set a modest target of delivering 820 commercial jets in 2025, falling short of analyst expectations and highlighting continued supply chain challenges, the Financial Times (FT)
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A large fragment of a SpaceX Falcon 9 rocket made an unexpected and uncontrolled re-entry into Earth’s atmosphere, crash-landing onto a man’s lawn in Poland, the country’s space agency confirmed on Wednesday.
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Rio Tinto, the Anglo-Australian mining giant, has reported a 7% decline in underlying earnings for 2024, largely due to falling iron ore prices and inflationary pressures. The company, which is one of
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In an era where sustainability is quickly becoming a global priority, a new wave of innovation in textiles aims to eliminate the environmental cost of one of the most common and beloved
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Mira Murati, the former Chief Technology Officer at OpenAI, has officially launched a new artificial intelligence start-up aimed at democratizing the understanding and capabilities of AI technology. The company, named Thinking Machines
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Silver Lake, a prominent US private equity group, is in negotiations to acquire a majority stake in Intel’s Altera unit, marking a significant move as the chipmaker seeks to offload non-core assets
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Microsoft has announced a major breakthrough in its 20-year pursuit of an elusive particle, claiming to have harnessed a new state of matter to create the building blocks of a practical quantum
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