Business - Page 102

On Wednesday, Treasury yields and the US dollar experienced significant declines, reaching multi-month lows, while stock markets gained ground amid hopes of easing inflation. These market movements were spurred by fresh hints

Virgin Atlantic made aviation history on Tuesday as it successfully completed a London-to-New York flight using 100% sustainable aviation fuel (SAF). This groundbreaking journey, though symbolic in nature, sheds light on the

Rolls-Royce, under the leadership of CEO Tufan Erginbilgic, has unveiled an ambitious plan to quadruple its profits over the next five years by enhancing the performance of its jet engines and implementing

EasyJet (EZJ.L) has reported its 2023 earnings, surpassing analysts’ expectations, thanks to a year marked by strong travel demand and robust forward bookings. However, the British airline has expressed concerns about the

SPB Exchange, Russia’s second-largest foreign shares trading platform, has vehemently denied rumors of filing for bankruptcy, dispelling concerns raised after arbitration court filings seemed to suggest otherwise. The exchange had faced recent

GSK (GlaxoSmithKline), a British pharmaceutical giant, announced a significant milestone for its blood cancer drug, Blenrep, on Monday. The drug achieved a crucial objective in a late-stage clinical trial, marking a pivotal

Octopus Energy, a prominent British energy company, announced on Monday that it has acquired a 12.5% ownership stake in the Walney Extension offshore wind farm, a substantial 660 megawatt (MW) renewable energy

UBS Chairman Colm Kelleher has voiced his concerns regarding the Swiss financial industry regulator, FINMA, and its need for increased regulatory authority. Kelleher made these remarks during the FT’s Global Banking Summit

Derek Chauvin, the former Minneapolis police officer who was convicted in the death of George Floyd, faced a violent incident in an Arizona prison, as confirmed by Minnesota Attorney General Keith Ellison