US FAA moves to streamline key commercial space launch hurdle — Dec 13th, 2024

The Federal Aviation Administration said Friday it was moving to streamline a key commercial space launch and reentry license hurdle, declaring some flight safety analyses in California, Florida, and Virginia satisfy requirements....

Korea's value push is getting a much-needed spark — Dec 11th, 2024

South Korean President Yoon Suk Yeol's botched coup has plunged the country into political turmoil and adds urgency for it to curb the power of its family-owned businesses. Even before the crisis, the benchmark KOSPI was one of the world's worst performing major stock indices. That makes $...

Exclusive: Major cloud providers could get key role in AI chip access outside the US - sources — Dec 13th, 2024

In its latest jab at Beijing, the U.S. will empower companies like Google and Microsoft to act as gatekeepers worldwide for highly sought-after access to AI chips, two people familiar with the draft plan said....

Euro zone industry did not fall in Oct but recovery not in sight — Dec 13th, 2024

Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but data suggested that no recovery was in sight for a sector deep in recession for close to two years now....

Airline pilots, crews voice concerns about Middle East routes — Dec 11th, 2024

In late September, an experienced pilot at low-cost European airline Wizz Air felt anxious after learning his plane would fly over Iraq at night amid mounting tensions between nearby Iran and Israel....

Incoming US Senate Commerce chair says FAA must improve air traffic systems — Dec 12th, 2024

The incoming chair of the U.S. Senate Commerce Committee said on Thursday that the Federal Aviation Administration must take actions to modernize air traffic control systems....

MotoGP to return to Brazil in 2026 — Dec 12th, 2024

MotoGP will return to Brazil in 2026 after agreeing a five-year deal with Goiania's Ayrton Senna circuit, the series announced on Thursday....

Global EV sales hit third consecutive record high — Dec 13th, 2024

Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday....

Top 25 roundup: Arkansas' rally ends No. 14 Michigan's win streak — Dec 11th, 2024

Boogie Fland recorded 20 points and seven assists and Arkansas overcame a 15-point first-half deficit to notch an 89-87 victory over No. 14 Michigan on Tuesday night in the Jimmy V Classic in New York....

Zelenskiy made case for security guarantees at meeting with Trump — Dec 11th, 2024

President Volodymyr Zelenskiy used his first meeting with Donald Trump since the U.S. election to explain Ukraine's need for security guarantees in any negotiated end to the war with Russia, two sources familiar with the Dec. 7 discussions said....

Top 25 roundup: Arkansas' rally ends No. 14 Michigan's win streak — Dec 11th, 2024

Boogie Fland recorded 20 points and seven assists and Arkansas overcame a 15-point first-half deficit to notch an 89-87 victory over No. 14 Michigan on Tuesday night in the Jimmy V Classic in New York....

Global EV sales hit third consecutive record high — Dec 13th, 2024

Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32% year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday....

Incoming US Senate Commerce chair says FAA must improve air traffic systems — Dec 12th, 2024

The incoming chair of the U.S. Senate Commerce Committee said on Thursday that the Federal Aviation Administration must take actions to modernize air traffic control systems....

Gassier but cleaner US power system hits new output record in 2024: Maguire — Dec 11th, 2024

U.S. power producers have raised total generation to new highs in 2024, fuelled mainly by record natural gas-fired output alongside a sharp jump in generation from renewable sources....

India to decide soon whether to curb steelmaking raw material imports, source says — Dec 12th, 2024

India will reach a decision soon on whether to impose import restrictions on metallurgical coke, a key ingredient in steelmaking, a source with direct knowledge of the matter told Reuters....

Airline pilots, crews voice concerns about Middle East routes — Dec 11th, 2024

In late September, an experienced pilot at low-cost European airline Wizz Air felt anxious after learning his plane would fly over Iraq at night amid mounting tensions between nearby Iran and Israel....

Exclusive: Major cloud providers could get key role in AI chip access outside the US - sources — Dec 13th, 2024

In its latest jab at Beijing, the U.S. will empower companies like Google and Microsoft to act as gatekeepers worldwide for highly sought-after access to AI chips, two people familiar with the draft plan said....

Diageo supports FTSE 100; SThree slides on profit warning — Dec 12th, 2024

Britain's FTSE 100 index rose on Thursday, boosted by Diageo after a brokerage upgrade, while SThree weighed on the midcap index as it dropped to a more than four-year low on a profit warning....

UK's competition watchdog probes possible bid-rigging related to school improvement fund — Dec 11th, 2024

Britain's competition regulator said on Wednesday that it has launched an investigation into suspected bid-rigging in relation to a key government fund for improving the condition of school buildings....

Diageo supports FTSE 100; SThree slides on profit warning — Dec 12th, 2024

Britain's FTSE 100 index rose on Thursday, boosted by Diageo after a brokerage upgrade, while SThree weighed on the midcap index as it dropped to a more than four-year low on a profit warning....

MotoGP to return to Brazil in 2026 — Dec 12th, 2024

MotoGP will return to Brazil in 2026 after agreeing a five-year deal with Goiania's Ayrton Senna circuit, the series announced on Thursday....

Germany faces lethargic growth, potential hit from Trump, Bundesbank says — Dec 13th, 2024

Germany's economy will shrink for the second year in a row this year and its recovery will be lacklustre, potentially exacerbated by a trade war with the United States, Bundesbank President Joachim Nagel said on Friday....

Germany faces lethargic growth, potential hit from Trump, Bundesbank says — Dec 13th, 2024

Germany's economy will shrink for the second year in a row this year and its recovery will be lacklustre, potentially exacerbated by a trade war with the United States, Bundesbank President Joachim Nagel said on Friday....

Death toll from Russian missile attack on Ukraine's Zaporizhzhia rises to six, officials say — Dec 11th, 2024

The death toll from a Russian missile strike that destroyed a clinic in the Ukrainian city of Zaporizhzhia on Tuesday has risen to six, while four more people remain under the rubble, the regional governor and emergency services said on Wednesday....

Diageo supports FTSE 100; SThree slides on profit warning — Dec 12th, 2024

Britain's FTSE 100 index rose on Thursday, boosted by Diageo after a brokerage upgrade, while SThree weighed on the midcap index as it dropped to a more than four-year low on a profit warning....

Euro zone industry did not fall in Oct but recovery not in sight — Dec 13th, 2024

Euro zone industrial production was unchanged in October from the previous month, outperforming expectations of a slight fall, but data suggested that no recovery was in sight for a sector deep in recession for close to two years now....

US reaches preliminary deal with Bosch for $225 million in chip grants — Dec 13th, 2024

The U.S. Commerce Department said Friday it reached a preliminary deal with German auto supplier Bosch for up to $225 million in subsidies to build silicon carbide power semiconductors in California that are key for electric vehicles....

India to decide soon whether to curb steelmaking raw material imports, source says — Dec 12th, 2024

India will reach a decision soon on whether to impose import restrictions on metallurgical coke, a key ingredient in steelmaking, a source with direct knowledge of the matter told Reuters....

China pledges more debt, rate cuts to counter Trump's tariff threats — Dec 12th, 2024

China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as Donald Trump returns to the White House....

LSEG seals Euroclear stake sale for $478 mln — Dec 12th, 2024

The London Stock Exchange Group has sold its 4.92% stake in Belgium-based financial services provider Euroclear for 455 million euros ($479 million) as it sharpens its focus on product innovation expected in 2025 by exiting non-core assets....

Death toll from Russian missile attack on Ukraine's Zaporizhzhia rises to six, officials say — Dec 11th, 2024

The death toll from a Russian missile strike that destroyed a clinic in the Ukrainian city of Zaporizhzhia on Tuesday has risen to six, while four more people remain under the rubble, the regional governor and emergency services said on Wednesday....

GM's Cruise exit turns focus on challenges of scaling robotaxis — Dec 11th, 2024

General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it....

UAE flights flood airstrip UN says supplies weapons to Sudan rebels — Dec 12th, 2024

Since civil war erupted in Sudan last year, dozens of cargo planes from the United Arab Emirates have landed at a small airstrip in Chad that some U.N. experts and diplomats suspect is being used to funnel arms across the border into the conflict, flight data and satellite images show....

Japan to propose defence spending tax increases starting in 2026, Kyodo says — Dec 11th, 2024

Japan's government is planning to propose raising the country's corporate tax starting in April 2026 to fund more defence spending, Kyodo News reported on Wednesday, aiming to double its defence budget to 2% of gross domestic product by 2027....

China pledges more debt, rate cuts to counter Trump's tariff threats — Dec 12th, 2024

China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as Donald Trump returns to the White House....

Real estate and industrial stocks lift Dubai; Abu Dhabi falls — Dec 13th, 2024

Dubai's main share index closed higher on Friday, in line with oil prices, boosted by gains in real estate and industrial sector stocks while the Abu Dhabi index declined....

LSEG seals Euroclear stake sale for $478 mln — Dec 12th, 2024

The London Stock Exchange Group has sold its 4.92% stake in Belgium-based financial services provider Euroclear for 455 million euros ($479 million) as it sharpens its focus on product innovation expected in 2025 by exiting non-core assets....

India to decide soon whether to curb steelmaking raw material imports, source says — Dec 12th, 2024

India will reach a decision soon on whether to impose import restrictions on metallurgical coke, a key ingredient in steelmaking, a source with direct knowledge of the matter told Reuters....

Incoming US Senate Commerce chair says FAA must improve air traffic systems — Dec 12th, 2024

The incoming chair of the U.S. Senate Commerce Committee said on Thursday that the Federal Aviation Administration must take actions to modernize air traffic control systems....

MotoGP to return to Brazil in 2026 — Dec 12th, 2024

MotoGP will return to Brazil in 2026 after agreeing a five-year deal with Goiania's Ayrton Senna circuit, the series announced on Thursday....

US FAA moves to streamline key commercial space launch hurdle — Dec 13th, 2024

The Federal Aviation Administration said Friday it was moving to streamline a key commercial space launch and reentry license hurdle, declaring some flight safety analyses in California, Florida, and Virginia satisfy requirements....

US reaches preliminary deal with Bosch for $225 million in chip grants — Dec 13th, 2024

The U.S. Commerce Department said Friday it reached a preliminary deal with German auto supplier Bosch for up to $225 million in subsidies to build silicon carbide power semiconductors in California that are key for electric vehicles....

GM's Cruise exit turns focus on challenges of scaling robotaxis — Dec 11th, 2024

General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it....

UAE flights flood airstrip UN says supplies weapons to Sudan rebels — Dec 12th, 2024

Since civil war erupted in Sudan last year, dozens of cargo planes from the United Arab Emirates have landed at a small airstrip in Chad that some U.N. experts and diplomats suspect is being used to funnel arms across the border into the conflict, flight data and satellite images show....

Real estate and industrial stocks lift Dubai; Abu Dhabi falls — Dec 13th, 2024

Dubai's main share index closed higher on Friday, in line with oil prices, boosted by gains in real estate and industrial sector stocks while the Abu Dhabi index declined....

Syrian currency firms against US dollar after Assad's fall — Dec 14th, 2024

The Syrian pound has strengthened against the U.S. dollar by at least 20% over the past two days amid an influx of Syrians from neighboring Lebanon and Jordan and an end to strict controls on trade in foreign currencies after the fall of the Assad government....

UAE flights flood airstrip UN says supplies weapons to Sudan rebels — Dec 12th, 2024

Since civil war erupted in Sudan last year, dozens of cargo planes from the United Arab Emirates have landed at a small airstrip in Chad that some U.N. experts and diplomats suspect is being used to funnel arms across the border into the conflict, flight data and satellite images show....

China pledges more debt, rate cuts to counter Trump's tariff threats — Dec 12th, 2024

China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it girds for more trade tensions with the U.S. as Donald Trump returns to the White House....

Gassier but cleaner US power system hits new output record in 2024: Maguire — Dec 11th, 2024

U.S. power producers have raised total generation to new highs in 2024, fuelled mainly by record natural gas-fired output alongside a sharp jump in generation from renewable sources....

LSEG seals Euroclear stake sale for $478 mln — Dec 12th, 2024

The London Stock Exchange Group has sold its 4.92% stake in Belgium-based financial services provider Euroclear for 455 million euros ($479 million) as it sharpens its focus on product innovation expected in 2025 by exiting non-core assets....