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India grapples to find landing slots

  Bloomberg At last week’s Farnborough Air Show, an Indian carrier placed a $7.7 billion order while an additional $72 billion of contracts are in the offing. The next challenge: Finding landing and parking slots for these planes. As air travel heats up in the world’s fastest-growing major aviation market, infrastructure has failed to keep pace with traffic growth fuelled ...

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SpaceX propels cargo to space station

  Miami / AFP A SpaceX rocket blasted off on Monday toward the International Space Station, carrying a load of supplies for the astronauts living in space, including equipment to enable future spaceships to park at the orbiting outpost. “Falcon 9 is on its way,” said a commentator at SpaceX mission control as the white rocket launched under a dark night ...

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Japan’s Fast retailing sees $5bn day on gains, Yen drops

  Bloomberg After the strengthening yen forced Fast Retailing Co. to slash its full-year net income forecast by a quarter, the currency’s reversal along with signs of recovery in the company’s Uniqlo clothing business drove the shares up by their daily limit. The stock rose 18 percent to 32,660 yen at the close in Tokyo trading, the most since 1998, ...

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