Tuesday , 16 December 2025

Admin

Boeing, FAA whistle-blower safety risks detailed by Senate

  Bloomberg Whistle-blowers at Boeing Co and others involved with the aviation industry are raising renewed concerns about safety in the wake of the 737 Max crash investigations, according to a report. Senator Maria Cantwell, the Washington Democrat who is chairwoman of the Senate Commerce, Science and Transportation Committee, called on US aviation regulators to act on the latest concerns …

Read More »

Ocado wins ruling in patent fight over robot warehouses

  Bloomberg Ocado Group Plc shares surged after the UK company won the first round in a patent-infringement case filed by rival AutoStore Holdings Ltd that has been hanging over the online grocery technology provider. Ocado shares rose as much as 9%, while Autostore dropped as much as 15%. Three AutoStore patents are invalid, while Ocado doesn’t infringe a fourth, …

Read More »

BA’s Gatwick short-haul to fly from March

  Bloomberg British Airways said its new Gatwick short-haul operation will begin flying in March, with the UK carrier putting tickets to 35 destinations on sale from Tuesday. Flights operated by the new subsidiary — BA Euroflyer — will continue to be branded British Airways, and will operate to destinations including Ibiza, Faro in Portugal, Malaga and Tenerife in Spain …

Read More »

UK homeowners enjoy a $4trn untaxed property windfall

  Bloomberg British homeowners have enjoyed a $4 trillion untaxed wealth windfall from rising property values over the last 20 years that is unlikely to be repeated, with the bulk of riches going to the well-off, the over 60s and those living in London. In a report calling for gains to be taxed, the Resolution Foundation said the surge in …

Read More »

Apple ends lower as $3trillion market value proves elusive

  Bloomberg Apple Inc shares fall, with the iPhone maker retreating in the wake of a recent advance that brought it within striking distance of what would be a historic $3 trillion market valuation. The stock closed down 2.1% at $175.74. This was Apple’s biggest one-day percentage loss since the broad market selloff on November 26, and it resulted in …

Read More »

China Mobile poised for Shanghai mega listing after US ban

  Bloomberg China Mobile Ltd, the country’s largest wireless carrier by revenue, has received approval from regulators to list in Shanghai after being removed from the New York Stock Exchange due to an investment ban ordered by former President Donald Trump. The state-run enterprise got the nod from the China Securities Regulatory Commission to issue A-shares, according to a filing …

Read More »

Stocks, futures advance before banks meet

Bloomberg Stocks gained on Tuesday as traders prepared for this year’s last central bank meetings later this week. Treasuries and the dollar were little changed. Miners led gains in Europe’s Stoxx 600 Index, while US contracts rose after S&P 500 slid from a record and the tech-heavy Nasdaq 100 underperformed. MSCI Inc’s Asia-Pacific share index falls for a third session, …

Read More »

Chinese solar companies make bid to dominate hydrogen power

  Bloomberg Chinese companies spent 10 years aggressively maneuvering to become the dominant players in solar power. Now they’re seeking to lead the way in developing the next big thing in clean energy: hydrogen. Top solar manufacturers including Longi Green Energy Technology Co are ramping up the production of electrolyzers, the equipment needed to make green hydrogen, the cleanest form …

Read More »

Ofgem invites bids for ‘subsea power’ cables to Europe

  Bloomberg The UK’s energy regulator is inviting bids to build more high-voltage cables to connect the country’s electricity grid to the European continent. Ofgem is launching a new round of investment bids to build the sub-sea cables, according to a statement. The regulator says the plans will help boost national energy security and electrification plans which could help the …

Read More »

Southwest Airlines skeptics are ‘missing the point,’ says CEO

  Bloomberg Southwest Airlines Co executives are pushing back against a rising chorus of analysts who say the company’s days as the airline industry’s disruptive force are over, reined in by higher wages and tougher operational challenges. The carrier known for its no-frills aesthetic and competitive prices is under pressure because its model is being put to the test, 50 …

Read More »