Business

Boeing is pursuing up to $25bn in an effort to strengthen its finances as the aerospace giant grapples with production delays due to labor disputes and persistent safety issues. A regulatory announcement by the firm on Tuesday revealed plans for a stock and debt offering, aiming to provide Boeing flexibility

The EU's plans for phasing out traditional internal combustion engines by 2035 have sparked concern among industry leaders as European car manufacturers face intensified competition from China in the electric vehicle sector. In a statement at the Paris motor show, Oliver Zipse of BMW warned that this deadline

Global oil prices have decreased by nearly $3.50 per barrel due to persistent worries about an economic slowdown in China, as well as reduced anxiety over potential assaults on Iran's energy infrastructure. The Israeli prime minister has reportedly provided reassurances to the White House that any countermeasures

Leaders of two major European car producers have highlighted concerns about speeding up Europe's shift to electric cars amid ongoing EU disputes over phasing out traditional combustion engines. Carlos Tavares from Stellantis (owners of Peugeot, Vauxhall, Jeep and Citroën brands) along with Martin Sanger, sales head at Volkswagen

The keynote speaker of today's Investment Summit is Keir Starmer who emphasizes that the primary goal here—shared by business leaders and government alike —is to foster growth, which he regards as a pivotal force in navigating through times fraught with uncertainty. He eloquently sets forth this vision

A former flight attendant at Delta Airlines has taken legal action against his employer after being terminated for supporting a unionization effort while also alleging sexual assault during training sessions by another employee. In the complaint filed recently, Nejat claimed that despite company policies promoting open communication about concerns like