For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes a recession. In a report released this week, the central bank offered up plenty of evidence that its strategy is working. Inflation has eased, economic growth has … Read more
TVS Motor Company launched a new variant of the TVS iQube with a 2.2 kWh battery at Rs 94,999 (Bengaluru ex-showroom), the company said in a press release on Monday. With a top speed of 75 kmph, the two-wheeler will have a 950W charger and its fastest charging time (0-80%) is of two hours. The … Read more
Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. plane maker. Despite some public displays of alarm — United Airlines CEO Scott Kirby flew to France to … Read more
The Omicron coronavirus subvariant JN.1 now makes up about 44.2 per cent of COVID-19 cases in the United States, according to the US Centre for Disease Control and Prevention (CDC). The variant, which was previously classified under its parent strain, BA.2.86, prompted concern among some scientists earlier this year due to its high number of … Read more
