WASHINGTON — The U.S. Federal Aviation Administration (FAA) will grant a shorter regulatory compliance program extension to Boeing than planemaker sought, so it can ensure the company implements “required improvements,” the agency said on Tuesday. Read More
Indiabulls-owned social commerce application, Yaari have laid off about 60% of its workforce, or 150 people, as per an Inc42 news report. Mails to Indiabulls did not elicit a reply and multiple people from the management of Yaari refused to comment when FE reached out to seek confirmation and updates. Indiabulls deals in the home […]
The growth in the all India House Price Index slowed to 1.8% in the final quarter of FY22 compared to 2.7% in the year-ago period, the Reserve Bank of India (RBI) said in a release on Tuesday. Prices in Kolkata expanded by 19.2%, while those in Bengaluru contracted 11.3%. On a sequential basis, the index […]
“Bloomberg Crypto” covers the people, transactions, and technology shaping the world of decentralized finance. Charles Cascarilla, Co-Founder & CEO of Paxos, a blockchain infrastructure platform, says we have crypto corrections because we have big booms. Alyse Killeen, Founder & Managing Partner at Bitcoin-focused venture firm Stillmark, explains how Bitcoin and crypto are different. ——– Follow […]
America’s corporate zombies, companies that aren’t earning enoughto cover their interest expenses, let alone turn a profit, are facing a challenge like never before. Lisa Lee reports on “Bloomberg markets: The Close.”
The U.S. economy is “going through a massive regime change where the pressures are inflation, rising interest rates, energy prices at levels that we haven’t seen in quite a while, and these are probably stickier than they have been in prior cycles,” Savita Subramanian, BofA Securities head of US equity and quantitative strategy, says during […]
Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Mike Bell, Global Market Strategist at JPMorgan Asset Management, says the US is less exposed to Russia shocks. Sebastien Galy, […]
President Joe Biden says the Federal Reserve will use its policy tools to address rising prices. He speaks following a rare meeting with Federal Reserve Chair Jay Powell.
The UK battery startup Britishvolt has said it will invest more than £200m in a new facility in the West Midlands to test manufacturing methods that will be used at the factory is has planned for in Northumberland. The company will lease a site in Hams Hall, Warwickshire, from the warehouse developer Prologis, with equipment […]
Foreign direct investment in Britain rebounded last year from the lows recorded in the first year of the pandemic, but it remains below the levels of 2019. Investment in growing sectors such as technology and “wellbeing” rose, but Britain lags behind its European competitors in its share of the rising number of manufacturing projects, according […]