Wednesday , 17 December 2025

Recent Posts

Pratt & Whitney to unveil new seal design for A320neo

Bloomberg Pratt & Whitney is close to unveiling a design change for engines used in Airbus SE A320neo and Bombardier Inc. C-Series jets aimed at fixing issues with a carbon seal that has led customers to ground dozens of brand new planes, a person with knowledge of the matter said. Pratt is switching to a proven technology that reduces instances …

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Home Depot’s post-hurricane boom comes at expense of profit

Bloomberg Home Depot Inc. saw sales surge in the wake of this year’s barrage of hurricanes, but the storms still took a toll on the Atlanta-based retailer’s bottom line. Even as cleanup and rebuilding efforts helped the chain’s sales top analysts’ estimates, expenses related to the storms reduced operating profit by $51 million. Customers stocked up on less profitable plywood …

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UAE to invest AED7.5bn in UK renewables sector

ABU DHABI / WAM Baroness Rona Fairhead, UK Minister of State for Trade and Export Promotion at the Department for International Trade (DIT) told Emirates News Agency (WAM) that the UAE is to invest 1.5 billion Pounds (AED7.5billion) in the UK in areas of renewable energy. “Brexit will help the UK pursue a more open economic policy. We are accelerating …

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