SpiceJet Limited has struck a deal with Avolon, a Boeing MAX aircraft lessor!
SpiceJet Ltd (SPJT.NS) of India stated on Thursday that it has struck an agreement with Avolon, a lessor of Boeing Co’s 737 MAX aircraft, allowing the planes to resume service. The airline said it expects to start operations of MAX aircraft around the end of September, subject to regulatory approvals. About SpiceJet Spicejet Ltd is […]
ESG appears to have become an integral part of risk assessment!
The process of incorporating environmental, social, and governance issues into investment decisions, resulting in increasing longer-term investments in sustainable economic activities and projects, is known as sustainable finance. ESG investing must have evolved through time to meet the needs of organizations and clients and individual investors, as well as some government agencies, who want to […]
Germany is considering selling up to a quarter of its Lufthansa stock
The German finance ministry said on Monday that it expects to sell up to a quarter of its 20% interest in Lufthansa (LHAG.DE) in the next weeks, noting favorable progress at the bailed-out airline. Following the announcement, Lufthansa shares fell as much as 4.9 % to 8.81 euros in early trading. The state bought a […]
PayPal will no longer charge late fees for Buy-Now
PayPal Holdings, Inc. (NASDAQ: PYPL) recently announced that it will no longer charge late fees on buy now, pay later purchases anywhere in the globe. Beginning October 1, new client purchases made with Pay in 4 in the United States, Pay in 3 in the United Kingdom, and Pay in 4X in France will be […]
The crypto heist hacker returns the $610 million!
According to Poly Network, the cryptocurrency network targeted earlier this week by the attack, the hackers behind one of the greatest digital coin heists in history have already returned virtually all of the $610 million-plus they stole. One of the greatest cryptocurrency thefts in history occurred on Tuesday when a hacker targeted Poly Network, a […]
Human rights claims are limiting China’s international investment!
China’s efforts to be seen as a responsible investor abroad are put at risk by high rates of human rights abuses associated with its business operations, particularly in the metals and mining sector, according to a report released on Wednesday. The Business & Human Rights Resource Centre, a global nongovernmental organization (NGO), logged 679 charges […]
A flying taxi is a new technological achievement!
Technology is reaching new heights, and this generation has been the most fortunate in terms of technological advancement. This generation has seen a lot, from robotics to smart phones to virtual meetings, and now another technological triumph, the flying taxi, has been added to the list. When we think about the future, a flying car […]
Zoom is accused of invading people’s privacy!
Zoom is a U.S. communications technology firm, based in San Jose, California. It offers online video telephony and chats services via a peer-to-peer software cloud platform used for teleconferencing, telecom, distance learning, and social connections. In 2011, Zoom was established by Eric Yuan, former Cisco engineer, and executive, who launched this software in 2013 Zoom […]
SoftBank sells one-third of its stake in Uber!
According to reports, SoftBank, a technology investment firm, is selling roughly one-third of its stake in Uber. SoftBank is selling approximately $2 billion (£1.44 billion) in shares to help offset losses from its investments in Chinese ride-hailing company Didi and other ventures. Didi’s stocks have plummeted in value since its debut in the US market […]
Sydney’s lockdown is likely to be extended, and Delta variant cases are on the rise!
On Thursday, the COVID-19 Delta outbreak in Sydney, Australia’s largest city, swelled by 239 cases, the pandemic’s daily maximum surge, prompting authorities to grant police more authority to shut down companies that do not comply with lockdown orders. Over two million people in eight Sydney hotspots will be required to wear masks outside and stay […]
