Wednesday , 17 December 2025

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Airlines rethink $57bn in Boeing orders after crash

Bloomberg The Boeing Co. 737 Max crash in Ethiopia looks increasingly likely to hit the planemaker’s order book as mounting safety concerns prompt airlines to reconsider purchases worth about $57 billion. VietJet Aviation JSC, which doubled its order to 200 of the aircraft priced at about $25 billion only last month, said it will decide on its future plans once …

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Dubai attracts $21.6 billion FDI in technology sector in 3 years

DUBAI / Emirates Business Dubai ranked first globally in attracting foreign direct investments (FDIs) for artificial intelligence (AI) and robotics; while the UAE ranked sixth in the global smart service index, surpassing the US, UK and South Korea. The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers, with the most from the …

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Oil rises on Opec output curbs, US supply drop

Bloomberg Crude rose for a third day after an industry report showed an unexpected drop in US stockpiles at a time when the world’s top producers are said to be looking at a plan to extend their output curbs. Futures in New York added as much as 0.7 percent, rising above $57 a barrel. US crude inventories declined 2.58 million …

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