Saturday , 20 December 2025

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Italy to spend $3bn to stem energy-price hike

Bloomberg Italy’s Finance Ministry said that it plans to spend about 2.8 billion euros ($3.2 billion) from the 2022 budget to help shield consumers from surging energy prices. The support will target the first quarter of the year, and will include 800 million euros of savings from a tax overhaul and unspent cash from previous months, according to people familiar …

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China to bring back 737 Max to skies after 3-year grounding

Bloomberg Boeing Co’s 737 Max jets may resume commercial flights in China by the end of this year or early 2022, the nation’s Civil Aviation Administration said, a day after issuing an airworthiness directive that paved the way for the single-aisle workhorse to return to the Chinese skies after an almost three-year grounding. China will also start introducing new Max …

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Kazakh airline Air Astana considers IPO next year

Bloomberg State-owned Kazakh airline Air Astana is considering an initial public offering, according to four people familiar with the talks, who asked not to be identified as the information is not public. The company has approached banks, although talks are still at an early stage for a share sale, the people said. The ongoing Covid-19 pandemic that’s hit air travel …

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