Thursday , 18 December 2025

Recent Posts

Biden says with infrastructure bill US may add 19 million jobs

Bloomberg President Joe Biden said the sweeping infrastructure proposal he unveiled this week would result in 19 million jobs created over the next decade as the US seeks to emerge from the pandemic. “Independent analysis shows that if we pass this plan the economy will create 19 million jobs,” Biden said in remarks at the White House. “Good jobs, blue …

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Suez Canal shipping backlog ends

CAIRO / WAM / Reuters The last ships stranded by the grounding of a giant container vessel in the Suez Canal was expected to pass through the waterway on Saturday, according to the canal authority, which said an investigation into the incident would report its findings soon. Osama Rabie, Chairman of the Suez Canal Authority (SCA), said 85 ships were …

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Frontier debut fizzles in its second US airline IPO

Bloomberg Frontier Group Holdings Inc struggled to gain traction in its trading debut after selling shares at the bottom of a marketed range. The stock slipped less than 1% to close at $18.85 in New York after an initial public offering at $19 a share. By contrast, rival discounter Sun Country Airlines Holdings Inc opened with a pop after an …

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