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AIRLINE FINANCIAL CONCERNS
United Airlines CEO Scott Kirby calls for inheritance taxes near 100% and a national wealth tax. What he wants the US to change and why it mattersScott Kirby, the CEO of United Airlines, has called for a nationwide wealth tax and higher inheritance taxes. He argues that wealth inequal...
Pivot to Privatisation 2.0: Why IDBI Bank’s sale should rev up India’s push to privatise remaining non-strategic PSBs and PSUsLast week, the Cabinet Committee on Economic Affairs approved the sale of IDBI Bank's majority stake. The stake, held by the Government of ...
Mohammed bin Salman faces most consequential test yet as Saudi Arabia comes under Houthi fireMohammed bin Salman is currently grappling with increasing Houthi attacks that threaten Saudi infrastructure and international stability. T...
Air India CEO looks to cut high maintenance bill of A350 fleet engines; sets up committeeTewolde Gebremariam is exploring ways to reduce the cost of Air India's Airbus A350 maintenance. The airline has faced higher expenses than...
Trump’s AI liability push opens blame game for models gone rogueHolding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and fo...
DGCA's regulatory monitoring not a fresh finding of safety deficiencies: SpiceJetSpiceJet said that the DGCA's regulatory monitoring should not indicate new safety issues. The airline clarified that safety audits and sur...
‘Cash flow statement can't lie’ is the most expensive assumption in the stock market. That number can be dressed up tooThe cash-flow statement is supposed to be honest, the place you see whether a company is really making money or merely reporting it. But a ...
Iran's medicines soar in price as US blockade, sanctions squeeze pharmaceutical suppliesMedication prices in Iran have surged drastically due to US sanctions and ongoing conflict, creating significant hardships. Families are st...
Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vin...
AI agents take over online shopping: Ecommerce firms rethink pricing, verificationIndia’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increasingly make shopping decisions and...
Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
Treasury Secretary Bessent may become 'AI czar'Scott Bessent is being considered to take on the role of AI czar amid growing concerns. President Donald Trump has indicated plans to appoi...
Govt to weigh Adani airline plan cautiously over airport-airline conflict concernsThe government is carefully considering the Adani Group's request to start an airline, which could impact competition. There are concerns r...
Key issues for this week's Trump-Xi summit in WashingtonPresident Trump welcomes Chinese leader Xi Jinping for crucial talks this week. They seek stability in a relationship strained by trade and...
Global Market: European shares rise as oil slide boosts risk appetiteEuropean shares rose as technology stocks led gains and falling oil prices eased inflation concerns. The STOXX 600 advanced 0.56%, while in...
Malaysia talks to rival airlines as it monitors AirAsia's financial health, sources sayFaced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. Th...
Campbell Wilson on Air India: 'Wonderful experience' and a 'privilege' to be part of its history; wishes airline a world-class futureFormer Air India CEO and MD Wilson described his tenure as a privilege and wished Air India well in its journey to becoming a world-class a...