Monday , 9 February 2026

Recent Posts

Boeing plans fundraising as Max crisis drags on

Bloomberg Boeing Co is looking at raising additional debt to help bolster its resources following the grounding of its 737 Max jetliner, Dow Jones reported. While Boeing had about $20 billion in available funds at the end of the third quarter, costs stemming from the Max crisis are increasing, the news agency said, citing people familiar with the matter it …

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Milkman concept revived by Dutch firm seeking edge

Bloomberg The milk float, a home-delivery service that evolved from horse-drawn carriages to early electric vehicles, belongs firmly in the past. Or does it? A little known Amsterdam-based online grocery company had revived the concept, but with a modern flourish. Picnic BV has a concept dubbed “Milkman 2.0” to deliver groceries using electric vehicles, focussing on less food waste and …

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ADIB finances $80mn facility to Oman Shipping Company

Abu Dhabi / WAM The Abu Dhabi Islamic Bank (ADIB), a leading financial institution, signed an agreement to provide an $80 million Shariah-compliant Ijara facility to the Oman Shipping Company SAOC (OSC), a member of the ASYAD Group, for the financing of two VLCC (Very Large Crude Carriers) tankers within the OSC group. The transaction represents the OSC’s first Sharia-based …

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