Friday , 2 January 2026

Recent Posts

Brazil to import less fuel as Petrobras grabs market share

Bloomberg Brazil fuel imports are set to fall from a record as the country’s state-owned oil company lowers prices in a bid to regain market share. Petroleo Brasileiro SA, which owns 13 out of the 16 refineries in the country, cut diesel prices by 47 percent and gasoline by 38 percent at the refinery gate since January. As a result …

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Boeing newest 737 Max makes first flight into cloudy market

Bloomberg Boeing Co.’s newest and smallest 737 Max jetliner took flight for the first time, into blue skies—and a cloudy, crowded market. The takeoff, on March 16 by Boeing’s factory outside Seattle, was characteristically drama-free for the third of four planned models in the Max family. The plane touched down at Boeing Field at 12:59 pm on March 16. Boeing’s …

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Emirates all set to raise $600mn in sukuk sale

Bloomberg Emirates is set to raise $600 million from the sale of Islamic bonds as the world’s biggest airline by international passengers joins a rush of borrowers from the Gulf region. The Dubai government-owned carrier sold 10-year amortising sukuk at a profit rate of 4.5 percent, the company said in an emailed statement. The yield was cut from an initial …

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