Archive of Business
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China’s home-grown, narrow-body C919 completes first commercial passenger flight
China Eastern Airlines Corp Ltd entered China’s home-grown narrow-body C919 jet into passenger service on Sunday and completed its first commercial ... Aviation & Transport -
JPMorgan names Omar Fichtali as new investment banking head in Saudi Arabia: Report
JPMorgan Chase & Co. has appointed Omar El Amine Fichtali as head of investment banking in Saudi Arabia, according to an internal memo seen by ... Banking & Finance -
China industrial profits slide as weak demand weighs on economy
Profits at industrial firms in China kept falling in the first four months of the year, underlining cooling demand and deepening factory-gate ... Economy -
Hyundai, LG announce $4.3 billion plant in Georgia for electric vehicle batteries
Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai’s new electric ... Energy -
France, Netherlands call for EU climate clampdown on private jets
Austria, France, Ireland and the Netherlands have called on the European Union to toughen laws to curb the impact of private jet travel on the climate ... Aviation & Transport -
Deutsche Bank used big trades to raise cash in March turmoil: Sources
As banks came under mounting pressure in March, Deutsche Bank used big trades to give its cash buffers a temporary boost, employing a method that ... Banking & Finance -
World Bank to give Lebanon additional $300 million as crisis continues to worsen
The World Bank will dispatch $300 million in additional financing for the most vulnerable families in Lebanon, a country mired in what the lender ... Economy -
OpenAI, company behind ChatGPT, says has no plans to leave Europe
OpenAI has no plans to leave Europe, CEO Sam Altman said on Friday, reversing a threat made earlier this week to leave the region if it becomes too ... Technology -
French police clash with climate activists trying to block TotalEnergies’ meeting
French riot police used tear gas and pepper spray against several hundred climate activists seeking to block shareholders from accessing oil major ... Energy -
Aramco to develop gas field in Iraq that could produce more than 400 mln cubic feet
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan ... Energy