Lufthansa IT outage grounds flights worldwide.
After an IT issue at Germany’s flag carrier Lufthansa caused aircraft delays and disruption at airlines across the company, thousands of customers were left stranded
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Tata-Air India is set to lead International flights with the purchase of 250 aircraft from Airbus.
Air India, a company owned by the Tata Group, will increase its fleet and operations by purchasing from Airbus 250 aircraft, including 40 wide-body aircraft.
Germany’s Allianz after the collapse of the U.S. $11b fund embraces safe bonds.
For years, Allianz, one of the largest investors in the world, invested billions in real estate, wind farms, and even London’s sewage system. However, the
Nissan and Renault to invest $600m in India, the 3rd largest world market.
Nissan Motor Co and Renault SA announced on Monday that they will invest $600 million to produce six new models in India. India is one
Energy crisis: Europe has expended almost 800b euros on subsidies.
Researchers stated on Monday that the cost for European nations to protect people and businesses from rising energy expenses has risen to about 800 billion
Nevada battery recycler gets a $2b loan to break China’s dominance of EV battery supply chain.
The Biden administration has awarded a $2 billion green energy loan to a Nevada company that recycles batteries for electric vehicles. The former chief technical
U.S. says Chinese balloon equipped to detect and collect intelligence signals; blacklists 6 entities.
In response to an alleged Chinese surveillance balloon that flew across American airspace, the US blacklisted six Chinese firms it claimed were connected to Beijing’s
Payments Giant FIS to spin off and sell Worldpay to remain competitive.
A $43 billion acquisition that Fidelity National Information Services Inc. executed four years ago is being undone by the banking and payments powerhouse, according to
Giga Presses – giant die casts revolutionizing the auto industry.
GIGAPRESS 9,000 Although huge aluminum underbodies for automobiles are a relatively recent application of metal and plastic die casting, which has long been utilized in
Chinese spy balloon: U.S. to ban Chinese nationals from buying properties in America. China kicks.
The Chinese foreign ministry claimed on Friday that the United States consideration of a ban on Chinese nationals purchasing property in the United States violates
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