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BOEING STRIKES EFFECT
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...
Taiwan beefs up anti-ship missile arsenal to counter threat of Chinese invasionTaiwan is boosting its missile power to over 1,800 by 2029. This move aims to deter a potential Chinese invasion or blockade. The island is...
US Stock Market: Traders grapple with tail risk as stocks regain highsUS equities are nearing previous highs despite ongoing concerns about higher energy prices stemming from the Iran conflict. While tech earn...
US bases in Gulf become Achilles heel as Iran inflicts 'unprecedented damage': ReportIran has caused significant damage to American military bases across the Gulf. Reports reveal extensive destruction at facilities in Kuwait...
A P Singh flies USAF F-15EX during Indian Air Force chief’s US visitIndian Air Force Chief Air Chief Marshal Amar Preet Singh experienced a flight in a US F-15EX Eagle II fighter jet at Nellis Air Force Base...
Wall Street Week Ahead: Surging record-high US stocks to wade deeper into earnings seasonThe U.S. stock market has achieved record highs, fueled by hopes of cooling U.S.-Iran tensions and an anticipated robust first-quarter earn...
Indian Army showcases 'tank in air' Apache firepower during 'Brahmastra' desert drillAt the Pokhran Firing Range, these advanced helicopters showcased precision strike capabilities by successfully launching AGM-114 Hellfire ...
Workers reject Boeing's latest offer after nearly three months on strikeBoeing Defense workers in St. Louis have rejected a new contract proposal. This rejection extends their strike into its 13th week. The ongo...
Akasa’s ambitions face risk as Boeing’s delays create turbulence, leave pilots idleAkasa Air, India's newest airline, is struggling due to delays in Boeing 737 MAX deliveries. With 226 planes on order, the airline faces op...
FAA plans to review 737 MAX engine issue after bird strike incidentsThe FAA will soon review the safety of Boeing 737 MAX engines. This follows two incidents where bird strikes caused smoke in the cockpit of...
US industrial production slump stretched in OctoberUS industrial production experienced a 0.3 percent decline in October, following a revised 0.5 percent drop in September, as reported by th...
US jobs data: Only 12,000 jobs added in OctoberIn October, the U.S. added just 12,000 jobs, significantly down from September's 223,000, due to the impact of hurricanes and strikes, incl...
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits financesBoeing will cut 17,000 jobs, delay 777X jet deliveries by a year, and record $5 billion losses due to an ongoing strike by West Coast worke...
Boeing Strike: Union workers say company not taking talks seriouslyBoeing workers, represented by the International Association of Machinists and Aerospace Workers, have gone on strike over a contract dispu...
After the Starliner issue and planes falling from the sky, Boeing's next big problem - a strike by 32,000 workersWhile Boeing struggles with its past decisions and ongoing financial issues, the union demands better wages, benefits, and job security.
Bird strike: What happens when a plane collides with a bird?A bird strike is a collision between an aircraft and a bird. It is a common and real risk for aircraft. It can damage planes, and even lead...
Indian Army to deploy six Boeing Apache helicopters in Jodhpur along Pakistan borderIndia is enhancing its defense capabilities along the Pakistan border with the deployment of six Boeing Apache fighter helicopters. These h...
- Air India to get USD 1.3 billion loan guarantees from American bank
The US Exim Bank has decided to give loan guarantees of USD 1.3 billion to support the airline's fleet acquisition from aerospace company B...
- Boeing strike impact to be felt globally
Aerospace groups braced for global disruption from a potentially lengthy strike at Boeing on Monday as one of the planemaker's biggest supp...