Tuesday , 30 December 2025

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German growth to remain subdued: Bundesbank

Bloomberg German economic growth is likely to remain subdued at least through the first half of the year as deteriorating business expectations threaten to hamper company investment — yet there’s no reason for concern, according to the Bundesbank. “There are no signs that the slowdown is morphing into a downturn,” the country’s central bank said in its monthly report. Some …

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Pentagon seeks fewer Lockheed F-35s in 2020

Bloomberg The Pentagon will request 78 F-35 jets built by Lockheed Martin Corp, six fewer than previously planned, in the budget expected to be sent to Congress next week, according to defense officials. The cutback from the 84 fighters projected a year ago for fiscal 2020 is a setback for Lockheed, the No. 1 defense contractor, even as interest in …

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South African Airways files fraud charges against former pilot

Bloomberg South African Airways has laid fraud charges against a former pilot after finding out that he operated international flights with the wrong type of license. SAA is seeking to reclaim “millions of rand” paid to the aviator on the assumption that he held an Airline Transport Pilot License, it said in a statement. Following an incident involving a flight …

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