With more travellers, planes, airports, ‘bullishness’ greets slightly clouded-aviation skies

With more travellers, planes, airports, ‘bullishness’ greets slightly clouded-aviation skies

A “bullishness” greets the skies as more passengers are set to step into airports and more aircraft, including A350s, are ready to carry them in expanding routes in 2024 even as the fate of two bankrupt airlines remain uncertain. A slew of airports and terminal building inaugurations and revised norms to address pilot fatigue issue … Read more

CITY WHISPERS: Season of goodwill ends early for Eco Buildings

CITY WHISPERS: Season of goodwill ends early for Eco Buildings

By Calum Muirhead Updated: 12:38 GMT, 31 December 2023 There was a kerfuffle at tiddler construction group Eco Buildings after it announced the suspension of its executive vice chairman Dominic Redfern. The firm was tight-lipped about goings on, saying in a one-sentence announcement that Redfern would be suspended ‘pending further investigation’. Based on chat on … Read more

10 Behaviors People Find Condescending

10 Behaviors People Find Condescending

Everyone knows what it’s like to be around someone who just doesn’t make them feel great about themselves with their condescending tone of voice. There are all kinds of people who are unpleasant to be around-Debbie downers, complainers, jealous green monsters, mean-spirited snarks, and most anyone who wears neon sunglasses- but if you walk away … Read more

SBF won’t face a second trial after fraud conviction: prosecutors

SBF won’t face a second trial after fraud conviction: prosecutors

US prosecutors said Friday they do not plan to proceed with a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange. In a letter filed in federal court in Manhattan, prosecutors said the strong public interest in a prompt resolution of the case outweighed the … Read more

Remarkable finish for US oil & gas sector with strong production figures for 2023

Remarkable finish for US oil & gas sector with strong production figures for 2023

Washington: The US has produced more oil and natural gas than ever before even as government planners were trying a tectonic shift to other alternative greener sources of energy to adhere to the climate change protocol’s deadlines. As shale wells showed a major uptick in per-well recoveries, the US is now producing more oil per … Read more

Best Life Insurance for Self-Employed

Best Life Insurance for Self-Employed

If you work for a big company, chances are your employer has a life insurance policy for you. But what if you work for yourself? In that case, not only do you have to pay for your own life insurance, you’re in charge of finding the best deal. If you’re self-employed, you’re the boss when … Read more

Bank of England Holds Interest Rates at a 15-Year High Despite Worries About the Economy

Bank of England Holds Interest Rates at a 15-Year High Despite Worries About the Economy

Published By: Mohammad Haris Last Updated: December 14, 2023, 18:54 IST Bank of England keeps its main interest rate at a 15-year high. (File Photo: Reuters) Bank of England leaves its main interest rate at a 15-year high of 5.25%, where it has stood since August following the end of nearly two years of hikes … Read more

Air India pilot unions object to ‘threats of appropriate measures’ for sick reporting

Air India pilot unions object to ‘threats of appropriate measures’ for sick reporting

Pilot unions at Air India on Sunday expressed “concern” over the Tata Group-owned airline’s alleged threat to the cockpit staff with “appropriate measures” if pilots report sick for duty. In a communication to Air India senior vice president for flight operations Manish Uppal on Sunday, Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) … Read more

Hedge funds shrug off Petrofac’s £1.1bn deal

Hedge funds shrug off Petrofac’s £1.1bn deal

By Francesca Washtell Updated: 12:38 GMT, 31 December 2023 Oilfield services group Petrofac is the most shorted company on the London Stock Exchange despite bagging a crucial £1.1 billion contract. Hedge funds – which will make money if the company’s share price falls – have shorted almost 10 per cent of Petrofac’s stock. The company … Read more